Kayla Mathison

May Sales Reach Record High

Posted on Jun 03, 2023

City of Calgary - June 1, 2023

Thanks to a significant gain in apartment condominium sales, May sales rose to 3,120, a new record high for the month. While the monthly gains have not outweighed earlier declines, this does reflect a shift from the declines reported at the start of the year.

At the same time, we continue to see fewer new listings on th...

Prices Reach New Record High

Posted on May 05, 2023

City of Calgary - May 1, 2023

Persistent sellers’ market conditions placed further upward pressure on home prices in April. After four months of persistent gains, the total unadjusted benchmark price reached $550,800, nearly two per cent higher than last month and a new monthly record high for the city.

“While sales activity is performing as expecte...

Prices Rise as Conditions Favour the Seller

Posted on Apr 05, 2023

Sales and new listings have improved over the levels reported at the beginning of the year. As a result, the spread between sales and new listings supported some expected monthly inventory level gains. However, the 3,233 available units reflected the lowest March inventory levels since 2006 and left the months of supply just above one month, firmly...

Lowest February Inventory Since 2006

Posted on Mar 01, 2023

FEBRUARY HOUSING MARKET UPDATE

Consistent with typical seasonal behavior sales, new listings and inventory levels all trended up compared to last month. However, with 1,740 sales and 2,389 new listings, inventory levels improved only slightly over the last month and remained amongst the lowest February levels seen since 2006.

“While higher lending ra...

Supply of Lower-Priced Homes Remains Low for January

Posted on Feb 02, 2023

City of Calgary, Feb. 1, 2023 –

The level of new listings in January fell to the lowest levels seen since the late 90s. While new listings fell in nearly every price range, the pace of decline was higher for lower-priced properties.

At the same time, sales activity did slow compared to the high levels reported last year but remained consistent with l...

2022 Saw Record-High Sales and Double-Digit Price Growth

Posted on Jan 03, 2023

December sales eased, however, slowing sales over the second half of 2022 were not enough to offset earlier gains as sales reached a record high of 29,672 units in 2022.

Over the past several months, the pullback in sales was also met with a significant pullback in new listings, causing further declines in inventory levels. As of December, there wer...

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