Calgary Home Sales at Record Highs in September, Yet Supply Remains a Challenge

Posted on Oct 03, 2023

Sales reached another record high in September with 2,441 sales. Despite the year-over-year gains reported over the past four months, year-to-date sales are still nearly 12 per cent lower than last year's levels.

New listings also improved this month compared to last year and relative to sales. This caused the sales-to-new listings ratio to fall to...

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August Sees Record-High Sales Amidst Historic Low Inventory,Pushing Prices Higher

Posted on Sep 01, 2023

Thanks to a surge in the condominium market, August sales reached a record high with 2,729 sales. Despite the record levels reported over the past several months, year-to-date sales are still down by 15 per cent compared to last year.

While new listings did improve compared to levels seen this time last year, the sales-to-new-listings ratio remained...

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Calgary Home Prices Reach New Heights: July Sees Seventh Consecutive Monthly Gain

Posted on Aug 04, 2023

City of Calgary - August 1, 2023

Rising rates had little impact on sales this month as the 2,647 sales represented a year-over-year gain of 18 per cent, reflecting the strongest July levels reported on record. The record-setting pace has been driven mainly by significant gains in the relatively affordable apartment condominium sector. Despite recent...

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Another Record-High Month for Calgary

Posted on Jul 08, 2023

City of Calgary - July 4, 2023

The housing market in Calgary witnessed a surge in apartment condominium sales, setting a new total residential record with 3,146 sales achieved in June. Although year-to-date sales are currently 23 percent lower than last year, they remain significantly higher than pre-pandemic levels.

Notably, there has been a positiv...

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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...

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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...

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