CREB Housing Statistics - May 2023
Posted on Jun 01, 2023 in News 2% Realty Calgary
May sales reach a record high
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 the...
CREB Housing Statistics - April 2023
Posted on May 02, 2023 in News 2% Realty Calgary
Prices reach new record high
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 expected...
CREB Housing Statistics - March 2023
Posted on Apr 03, 2023 in News 2% Realty Calgary
Prices rise as conditions favour the seller
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 m...CREB Housing Statistics - February 2023
Posted on Mar 02, 2023 in News 2% Realty Calgary
Lowest February inventory since 2006
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 lend...
CREB Housing Statistics - January 2023
Posted on Feb 01, 2023 in News 2% Realty Calgary
Supply of lower-priced homes remains low for January
The level of new listings in January fell to the lowest levels seen since the late 90s. While new listings fell in nearly every price range, the pace of decline was higher for lower-priced properties.
At the same time, sales activity did slow compared to the high levels reported last year but remai...
Top 5 Tips When Selling Your Home
Posted on Jan 24, 2023 in News 2% Realty Calgary
Are you thinking of selling your property ? Here are our top 5 tips to keep in mind that can help you navigate your selling journey.
Tip #1 Price it right
When it’s time to sell, it’s important to start looking at your property as a product. Removing emotions from the equation is important. And like any product, your property is only worth what a buy...