Kayla Mathison - News

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...

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...

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...

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