News 2% Realty Calgary

CREB Housing Statistics - Sept 2024

Posted on Oct 01, 2024 in News 2% Realty Calgary



New listing growth driven by higher-priced homes

Rising sales in the upper price ranges were not enough to offset the pullback occurring in the lower price ranges, as sales in September were 2,003, 17 per cent below last year's record high. Despite the decline, sales this month were still over 16 per cent higher than levels traditionally achieved in...

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CREB Housing Statistics - Aug 2024

Posted on Sep 10, 2024 in News 2% Realty Calgary



Calgary housing market sees shifts

Housing 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 seen since the end of 2022.

“As expected, rising new home construction and gains in n...

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CREB Housing Statistics - July 2024

Posted on Aug 07, 2024 in News 2% Realty Calgary



Supply levels improve, taking some pressure off prices

With 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 inventory. Inventories rose to 4,158 units, still 33 per cent below what we typically see...

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CREB Housing Statistics - June 2024

Posted on Jul 04, 2024 in News 2% Realty Calgary



June sales decline amid supply challenges and rising prices

Sales 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 price ranges. Despite the easing in June sales, they remain over 17 per cent highe...

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CREB Housing Statistics - May 2024

Posted on Jun 07, 2024 in News 2% Realty Calgary


Calgary home sales remain robust despite supply shortages in lower price ranges

In 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 by...

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CREB Housing Statistics - April 2024

Posted on May 01, 2024 in News 2% Realty Calgary


Price growth persists in Calgary as seller’s market prevails

Sales in April rose by seven per cent compared to last year, to 2,881 units. While the pace of growth did ease compared to earlier in the year, sales remain 37 per cent higher than long-term trends for the month. Much of the growth in sales has occurred for relatively more affordable, high...

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