Market continues shift toward more balanced conditions after torrid start to the year Citywide sales in August reached 2,151 units, 37 per cent higher than last year and 25 per cent higher than long-term trends. Sales have slowed from the record-setting pace seen earlier this year, but on a year-to-date ...
Continue ReadingCREB®’s Q2 2021 Housing Report released Within the city of Calgary, sales totalled 15,050 units after the first half of the year, the highest levels seen in more than a decade. “While pent-up demand and low interest rates were expected to support sales growth in 2021, the strength in housing ...
Continue ReadingPrice growth slows as supply to demand balance improves July sales totalled 2,319 units, which is well above long-term averages and the best July on record. The pace of sales growth has eased over the past few months, but so too has the pace of new listings growth. This has ...
Continue ReadingSupply trends up but market still favours the seller Calgary’s housing market is showing few signs of letting up, as sales reached 2,915 units in June – a record high for the month. “It is taking time for supply to catch up with the demand in the market,” said CREB® ...
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