Market Updates

JANUARY 2022 MARKET UPDATE

Posted on Jan 04, 2022 in Market Updates



2021 record year for home sales
– Thanks to exceptionally high sales in December, 2021 was a record year for home sales. Calgary sales reached 27,686 units this year, nearly 72 per cent higher than last year and over 44 per cent higher than the 10-year average.

“Concerns over inflation and rising lending rates likely created more urgency with buyers...

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DECEMBER 2021 MARKET UPDATE

Posted on Dec 01, 2021 in Market Updates



Persistent sellers’ market conditions drive up prices
 - Driven by growth in demand for all property types, there were 2,110 sales in November, just shy of the record for the month set in 2005.

“Lending rates are expected to increase next year, which has created a sense of urgency among purchasers who want to get into the housing market before rates...

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NOVEMBER 2021 MARKET UPDATE

Posted on Nov 01, 2021 in Market Updates


Market continues to favour the seller in October – 
There were 2,186 sales in October, a record high for the month and over 35 per cent higher than longer-term averages. Year-to-date sales are on pace to hit new record highs and are currently 61 per cent higher than average activity recorded over the past five years and 42 per cent higher than 10-ye...

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CALGARY Q3 2021 MARKET UPDATE

Posted on Oct 19, 2021 in Market Updates



CREB, October 2021 - The persistent challenges caused by the pandemic continue to weigh on economic activity. However, the housing market remains resilient. The pace of growth and level of sales have eased from the record highs seen in the second quarter, but with 6,628 sales, this was the best third quarter since 2014. 

Much of the demand growth con...

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OCTOBER 2021 MARKET UPDATE

Posted on Oct 01, 2021 in Market Updates


Sales Remain Strong in September
– Residential sales totalled 2,162 in September, nearing the record high for the month recorded in 2005. Further gains in new listings likely supported some of the sales growth that occurred this month. “While sales activity in the fall tends to be slower than in the spring months, the continued strong sales are lik...

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SEPTEMBER 2021 MARKET UPDATE

Posted on Sep 01, 2021 in Market Updates



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 basis, the eight-month total of 19,516 sale...

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