The Calgary Real Estate Board has released the stats for September.
Total residential sales in August were relatively stable compared to last year. There were year-over-year gains in the detached and row home sectors, but there were declines in the apartment and semi-detached products. These numbers are encouraging, but don't believe all the Real Estate news that you hear. CREB® chief economist Ann-Marie Lurie has said “Recent... Continue Reading →
The details are in for the first month of 2020 from The Calgary Real Estate Board. Housing market conditions continue to follow similar trends to last year, with gains in sales. At the same time, there have been further reductions in new listings, inventory and more declines in prices. January sales activity was 863 units,... Continue Reading →
The Calgary Real Estate Board held their 2020 Forecast Conference yesterday at The BMO Center. Last year was another interesting one for Real Estate in Calgary, and it's always interesting to hear what CREB is forecasting for the upcoming year. Sales activity in 2019 was slightly higher than forecasted, as stronger-than-expected price declines and easing... Continue Reading →
December sales improved to levels more consistent with activity recorded over the past five years. This follows weak sales activity last year. A stronger second half in 2019 was enough to push annual sales up by one per cent. "Price declines, lower mortgage rates and some modest improvements in full-time employment helped support some... Continue Reading →
Year-to-date residential sales in the city remain just above last year’s levels due to improvements in the attached sector so far this year. However, November sales activity eased over last year’s levels, mostly due to pullbacks in the apartment sector. Meanwhile, new listings eased enough relative to sales to cause inventories to ease and the... Continue Reading →