September 2024

Calgary Real Estate Market UpdateCalgary housing market sees shiftsHousing activity continues to move away from the extreme sellers’ market conditions experienced throughout the spring. Easing sales, combined with gains in supply, pushed the months of supply above two months in August, a level not s

August 2024

Calgary Real Estate Market UpdateSupply levels improve, taking some pressure off pricesWith the busy spring market behind us, we are starting to see some shifts in supply levels. With 2,380 sales and 3,604 new listings, the sales-to-new listings ratio fell to 66 per cent, supporting a gain in invent

July 2024

Calgary Real Estate Market UpdateJune sales decline amid supply challenges and rising pricesSales in June reached 2,738, marking a 13 per cent decline from last year’s record high. Although sales improved for homes priced above $700,000, it was not enough to offset the declines reported in the lower

June 2024

Calgary Real Estate Market UpdateIn a market that continues to show resilience, May saw a total of 3,092 resale home sales. While this figure is nearly one per cent below last year's record high, it is 34 per cent higher than long-term trends for the month. The pullback in sales was primarily driven