Sales decline by two per cent from last year amidst COVID-19 pandemic After three months where COVID-19 weighed heavily on the housing market, sales activity in June continued to trend up from the previous month, totalling 1,747 units. Caution remains necessary, as monthly sales are nearly two per cent lower ...
Continue ReadingCOVID-19’s impact on Calgary housing market continues Housing market activity in May remained slow, but sales exceeded the lows from April, which saw less than 600 sales in Calgary. May sales totalled 1,080 units, a 44 per cent decline from last year’s figures. “The initial shock of COVID-19 and social ...
Continue ReadingAfter the first full month with social distancing measures in place, the housing market is adjusting to the effects of COVID-19. April sales hit 573 units, a decline of 63 per cent over last year. “The decline in home sales does not come as a surprise. The combined impact of ...
Continue ReadingDue to COVID-19 impacts in Calgary’s housing market and general economy, it is not business as usual. This year was projected to be a time when Calgary would start to see some modest improvements. “The uncertainty surrounding the COVID-19 pandemic and the energy industry is expected to cause a dramatic ...
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