CREB Housing Statistics - August 2023
Posted on Sep 03, 2023 in News 2% Realty Calgary
August sees record-high sales amidst historic low inventory, pushing prices higher
Thanks to a surge in the condominium market, August sales reached a record high with 2,729 sales. Despite the record levels reported over the past several months, year-to-date sales are still down by 15 per cent compared to last year.While new listings did improve com...
CREB Housing Statistics - July 2023
Posted on Aug 01, 2023 in News 2% Realty Calgary
Calgary home prices reach new heights: July sees seventh consecutive monthly gain
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 afford...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...