Urban Upgrade & NewInfills

SEPTEMBER 2022 MARKET UPDATE

Posted on Sep 01, 2022 in Market Updates

Supply levels ease with fewer new listings in August - August sales activity was comparable to the strong levels recorded last year and well above long-term trends for the month.

While sales have remained relatively strong, there continues to be a shift towards more affordable options as the year-over-year pullback in detached sales was nearly match...

CALGARY Q2 2022 MARKET UPDATE

Posted on Aug 16, 2022 in Market Updates

CREB, August 2022 – Within the city of Calgary, housing sales totalled 18,694 units in the first half of 2022, with sales in the second quarter nearly matching the record-high pace set in the first quarter of the year.

“This doesn’t come as a surprise as consumers were eager to get into the market ahead of rate gains while they still had low pre-app...

AUGUST 2022 MARKET UPDATE

Posted on Aug 02, 2022 in Market Updates

Detached home sales decline as apartment condominium sales rise - Significant slowdowns in the detached and semi-detached market were nearly offset by sales growth in the apartment and row sectors. This left July sales three per cent lower than levels recorded last year. While this is the second month where sales activity has slowed, total resident...

JULY 2022 MARKET UPDATE

Posted on Jul 04, 2022 in Market Updates

Market starts to shift as sales slow - Sales activity in June eased relative to the past several months and with 2,842 sales, levels declined by two per cent over last year’s record high. While sales activity has remained relatively strong for June levels, the decline was driven by a pullback in detached and semi-detached home sales.

“As expected, h...

JUNE 2022 MARKET UPDATE

Posted on Jun 01, 2022 in Market Updates

Market continues to favour the seller despite slowing sales - For the second month in a row, sales activity trended down after all-time record high sales in March. While activity in the market slowed down in May with 3,071 sales, levels are still slightly higher than last year’s record high and are far stronger than typical levels of activity recor...

MAY 2022 MARKET UPDATE

Posted on May 02, 2022 in Market Updates

Sellers' market conditions continue in April – Following an all-time record high month of sales in March, activity slowed down in April. However, with 3,401 sales, it was still a gain of six per cent over last year and a record high for the month of April.

“Despite some of the monthly pullback, it is important to note that sales remain exceptionall...

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