Statistics

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Altadore Market Forecast

2017 Altadore Market Forecast Thomas Ferianec 1

As the oil and gas industry slowly begins its rebound from the economic downturn over the past two years, we are cautiously optimistic that the worst is behind us. With predictions for a progressively stronger job market over the next four years, we are hopeful that the promise of increased economic stability will create a greater demand for housing throughout Calgary.With increased … [Read more...]

CREB Statistics – April 1st, 2015

April 2015 CREB Stats - MAIN

Calgary, April 1, 2015 – Elevated inventory levels and low sales for three consecutive months caused unadjusted benchmark prices to ease by 0.44 per cent in March, relative to the previous month, for a total of $454,300. Based on first quarter statistics, conditions are consistent with buyers’ market conditions.Typical home prices have declined by 0.59 per cent in the first quarter of 2015, … [Read more...]

CREB Statistics – March 2nd, 2015

March 2015 CREB Stats - MAIN

Calgary, March 2, 2015 – Year-over-year new listings growth eased from 37 per cent last month to nine per cent in February. However, as sales activity remained below long term averages for the month, Calgary inventory levels rose to 5,474 units in February. “While housing supply levels continue to be higher than we have seen in this market for some time, they remain below February 2008 record … [Read more...]

CREB Statistics – February 2nd, 2015

FEBRUARY-2015-CREB-Stats-MAIN

Calgary, February 2, 2015 – Low oil prices throughout January, combined with a shifting outlook in the energy sector, caused unease for consumers. As a result, monthly housing sales activity fell to levels not seen in five years. “Economic conditions this year are expected to be weaker than original estimates provided in December 2014," said CREB® chief economist Ann-Marie Lurie. “This change is … [Read more...]

CREB Statistics – January 2nd, 2015

JANUARY 2015 CREB Stats MAIN

Calgary, January 2, 2015 – It was a record setting year for Calgary’s condominium apartment and townhouse sectors, as sales reached new annual highs despite year-over-year residential sales declines of 7.5 per cent in December. Single family sales totaled 708 units in December, a year- over-year decline of 8.3 per cent. Meanwhile, total condominium sales also declined by six per cent over the same … [Read more...]

CREB Statistics – December 1st, 2014

DECEMBER 2014 CREB Stats MAIN

Calgary, December 1, 2014 – Calgary’s residential resale housing market posted relatively strong November activity reaching 1,782 units, a three per cent increase over the previous year, and nearly 13 per cent above long term averages. “Relative to other major centres, economic growth in Calgary remains one of the strongest in the country,” said CREB® chief economist Ann-Marie Lurie. “Employment … [Read more...]

CREB Statistics – November 3rd, 2014

NOVEMBER 2014 CREB Stats MAIN

Calgary, November 3, 2014 – Continued double-digit gains in the condominium apartment sector helped to fuel a 10 per cent increase in Calgary’s residential resale housing market in October. Overall sales for the month totaled 2,147 units, compared with 1,948 during the same period last year. “Two consecutive years of relatively strong employment and population growth, combined with rising wages … [Read more...]

CREB Statistics – October 1st, 2014

OCTOBER 2014 CREB Stats MAIN

Calgary, October 1, 2014 – Calgary’s condo sectors continue to set the pace for the city’s residential resale housing market, which recorded 2,148 sales in September, nearly 12 per cent higher than the same period last year. “September’s sales growth was stronger than expected, due largely to a surge in condominium apartment and townhouse sales,” said CREB® chief economist Ann-Marie Lurie, who … [Read more...]

CREB Statistics – September 2nd, 2014

SEPTEMBER 2014 CREB Stats MAIN

Calgary, September 2, 2014 – Strong gains in Calgary’s condominium apartment and townhouse sectors sparked a 3.4 per cent year-over-year growth in residential resale housing sales activity for August. A total of 2,267 units exchanged hands in the city during the month, compared to 2,192 during the same period in 2013. The condominium apartment and townhouse sectors saw the biggest gains, … [Read more...]

CREB Statistics – August 1st, 2014

AUGUST 2014 CREB Stats MAIN

Calgary, August 1, 2014 – Residential sales this month totaled 2,336 units, a record level for July activity. However, year-over-year sales growth slowed to 3.18 per cent. “While July’s sales growth seems like a dramatic departure from the double-digit gains recorded in the first half of this year, it is in comparison to exceptionally strong sales during the same period last year,” said CREB® … [Read more...]

CREB Statistics – July 2nd, 2014

JULY 2014 CREB Stats MAIN

Calgary, July 2, 2014 – Both residential sales and listings in Calgary increased at double-digit rates in June compared to the same period a year prior due to continued strong buyer demand, yet partially overstated in comparison to 2013 when floods impacted housing activity throughout the second half of that month. Residential sales totaled 2,670 units this June, a 16 per cent increase over last … [Read more...]

CREB Statistics – June 2nd, 2014

JUNE 2014 CREB Stats

Calgary, June 2, 2014 – Residential sales in the city of Calgary totaled 2,948 units in May, a 16 per cent increase over the previous year. Sales last month were well above long-term trends and are the highest May activity on record. “Strong sales activity is a reflection of improving fundamental conditions such as a growing population, favourable lending rates and rising wages,” says CREB® chief … [Read more...]

CREB Statistics – May 1st, 2014

MAY 2014 CREB Stats

Calgary, May 1, 2014 – Following a slow start to the year, improved weather and price gains supported new listings growth. New residential listings in April totaled 3,754 units, an eight per cent increase over the previous year. Meanwhile sales activity totaled 2,545 units for the month, a seven per cent increase over April 2013. “Throughout 2014, the condominium apartment market has recorded new … [Read more...]

CREB Statistics – April 1st, 2014

APRIL 2014 CREB Stats

Calgary, April 1, 2014 – Residential sales activity improved across all sectors in March. However, declining new listings in the single family sector combined with further gains in sales activity decreased single family inventory to the lowest March level since 2006. “There are several factors contributing to the growth in housing demand, including the inflow of people to our province over the … [Read more...]

CREB Statistics – March 3rd, 2014

March 2014 CREB Stats

Calgary, March 3, 2014 – Following double digit gains last month, sales growth in the city of Calgary totaled 1,854 units, or an 8.68 per cent increase over the same period in 2013. Slower sales growth resulted in a reduction of listings in the single family sector. However, single family sales still totalled 1,230 units, a 1.9 per cent increase over the previous year. “Demand growth in the single … [Read more...]

CREB Statistics – February 3rd, 2014

February 2014 CREB Stats

Calgary, February 3, 2014 – On the heels of a strong year of sales growth, January sales in the city of Calgary totaled 1,440 units, a 17 per cent increase over the previous year. “Sales growth continues at the double digit pace seen over the later portion of 2013, mostly due to the gains in the condominium sector,” said CREB® chief economist Ann- Marie Lurie. “While these are the highest January … [Read more...]

CREB Statistics – January 2nd, 2014

January 2014 CREB Stats

Calgary, January 2, 2014 – December’s 8 per cent year-over-year increase in sales volume in the city of Calgary capped a year that saw an 11 per cent growth in sales volume for the entire 12 months.City residential sales totaled 1,172 units in December, bringing total sold units for 2013 to 23,489. Prices for the year were up by 8.6 per cent over 2012. “Sales growth exceeded expectations … [Read more...]

CREB Statistics – December 2nd, 2013

December 2013 CREB Stats MAIN

Calgary, December 2, 2013 – City residential sales totalled 1,730 units in November, a 19 per cent increase in sales volume over the previous year. Following another month of strong activity, year-to-date sales totalled 22,322 units, 11 per cent higher than long-term trends.CREB® President Becky Walters said it appears that several factors are motivating buyers. “Many first-time homebuyers … [Read more...]

CREB Statistics – November 1st, 2013

November 2013 CREB Stats MAIN

Calgary, November 1, 2013 – Residential sales activity totaled 1,953 units in October, an 18 per cent rise over 2012 and pushing year-to- date volume increases to just over 10 per cent. However, on a year-to-date basis, city wide sales remain far below transactions levels recorded throughout 2005 – 2007. “Some people have noticed that properties are selling quicker, and at times above list,” said … [Read more...]

CREB Statistics – October 1st, 2013

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Calgary, October 1, 2013 – City of Calgary residential sales totaled 1,923 units in September, 19 per cent higher than last year and 14 per cent higher than long-term averages for the month. While sales activity over the past three months has been above long-term trends, it was less so in September than in July and August. “The impact of the floods likely boosted sales throughout July and … [Read more...]

CREB Statistics – August 1st, 2013

Calgary Infills - CREB Stats Aug 2013

Calgary, August 1, 2013 – City of Calgary residential sales totaled 2,268 units in July, a 17 per cent increase over the previous year and up more than six per cent so far this year. The flood that devastated the Calgary area on June 20 likely contributed to pulling forward sales activity, said Ann-Marie Lurie, CREB® chief economist. “Some of this activity is related to the displaced renters and … [Read more...]

CREB Statistics – July 2nd, 2013

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Calgary, July 2, 2013 – Sales activity in June exceeded growth expectations. City of Calgary monthly residential sales totaled 2,317, a six per cent increase over June 2012 figures, and nearly five per cent higher than levels recorded in the first half of 2012. However, the impact of recent flooding is expected to trickle into the housing statistics over coming months. “While sales and prices … [Read more...]

CREB Statistics – June 3rd, 2013

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Calgary, June 3, 2013 – City of Calgary residential monthly sales improved over the previous year, mostly driven by increased demand in the condominium market. Sales activity in all categories totalled 2,544 units for the month, a seven per cent increase over May 2012 figures. “We’re back to normal levels of activity,” said Becky Walters, president of CREB®’s board of directors. “Last spring was … [Read more...]

CREB Statistics – May 1st, 2013

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Calgary, May 1, 2013 –The benchmark price of single- family homes reached a new high of $452,900 in April, as market conditions that favour the seller finally drove prices above the unadjusted peak in 2007.“It’s really encouraging to see that the Calgary market remains strong,” said Becky Walters, CREB® President. “It’s reassuring to both buyers and sellers to see that this area is … [Read more...]

CREB Statistics – April 2nd, 2013

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Calgary, April 2, 2013 –The inventory of active homes for sale in Calgary are the lowest March levels in more than five years. The decline in new listings hampered resale sales growth, which declined by more than two per cent in March compared to March 2012.  New listings in March are five per cent lower than levels recorded in 2012, and five per cent lower after the first quarter. The overall … [Read more...]

CREB Statistics – March 1st, 2013

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Calgary, March 1, 2013 –Total residential sales for the month of February 2013 totaled 1,711 units, a one per cent decline over the previous year. Accounting for the leap year in 2012, activity in the single family market resembles last year’s activity. However, even with one less day in the February 2013 figures, condominium sales have made significant gains increasing by 13 per cent relative to … [Read more...]

CREB Statistics – February 1st, 2013

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Calgary, February 1, 2013 – Residential real estate sales in the city of Calgary started the year on a positive note, increasing by 15 per cent over the same month in 2012.Total sales were 1,230 units, a significant increase over the 1,068 units last year. But sales remain well below January levels recorded through the peak years of 2003 – 2008.“While activity is typically slower … [Read more...]

CREB Statistics – January 2nd, 2013

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Calgary, January 2, 2013 – Residential real estate sales in the city of Calgary ended the year on a high note, with sales volume up 15 per cent in 2012 compared to 2011, and benchmark prices up five per cent. “Calgary’s housing market has finally started to recover,” said Ann-Marie Lurie, CREB®’s chief economist. “While prices remain shy of the highs recorded in 2007, this is a move in the right … [Read more...]

CREB Statistics – December 3rd, 2012

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Calgary, December 3, 2012 – Residential sales in the City of Calgary have increased by 15 per cent on a year-to-date basis, and were up 8-per-cent in November compared to the same month in 2011. Nearly eight consecutive months of double-digit, year-over- year sales growth has caused inventory levels to decline because new listings have not kept up. However, the ratio between sales and inventory … [Read more...]

CREB Statistics – November 1st, 2012

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Calgary, November 1, 2012 – City of Calgary sales activity marked a 23-per-cent increase over levels recorded in October 2011. The continued improvement in sales has pushed year-to-date sales activity to nearly 16-per-cent above levels recorded in 2011. “Relative to national trends, we continue to move in the opposite direction, recording both sales and price growth,” said CREB® President Bob … [Read more...]

CREB Statistics – October 1st, 2012

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Calgary, October 1, 2012 – Residential sales activity continues to improve in the Calgary area, as year-over-year sales for the month of September increased by 11 per cent. After the first three quarters of the year, residential sales within city limits totaled 17,018, a 15-per-cent increase over 2011. “There has been significant discussion over the slowing national market,” said Bob Jablonski, … [Read more...]

CREB Statistics – September 4th, 2012

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Calgary, September 4, 2012 – Following several months of higher than expected sales growth, Calgary residential sales in August totaled 1,725 units, a 10-per-cent increase over last year. “While the sales growth remains strong, it is slower than previous five months in part due to the lack of new listings in the City’s single family market,” said Bob Jablonski, CREB® President. “With fewer … [Read more...]

CREB Statistics – August 1st, 2012

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Calgary, August 1, 2012 – Calgary continues to buck national housing sale trends. The 1,936 residential units sold in July represent a 21.3-per-cent increase over 2011. “Recent mortgage rule changes prompted much discussion of a national housing correction. While the two largest cities (Vancouver and Toronto) have started to witness declines in home sales activity, Calgary continues to record … [Read more...]

CREB Statistics – July 3rd, 2012

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Calgary, July 3, 2012 – Residential sales in the City of Calgary totaled 11,752 for the first half of this year, a 16-per-cent increase over the same period last year. The rise in sales has brought activity levels closer to long-term trends in the city. “Recent mortgage rule changes may dampen some of the gains in the resale market,” says Ann-Marie Lurie, CREB®’s chief economist. “But this is not … [Read more...]

CREB Statistics – June 1st, 2012

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Calgary, June 1, 2012 – May 2012 residential sales in the City of Calgary increased by 31.8 per cent over last year, to 2,385, making it the highest May activity since the recession.“In the past month, easing concerns regarding Calgary’s long-term economic prospects combined with continued full-time job growth and low interest rates, has contributed to the rise in housing demand, … [Read more...]

CREB Statistics – May 1st, 2012

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Calgary, May 1, 2012 – For the month of April 2012, year-over- year sales activity improved across all sectors in the city. Calgary residential sales total 2,200 for the month, a 26 per cent increase over levels recorded last year. “The growth in full-time employment, combined with improving migration levels, is translating into improved demand for housing,” says Ann-Marie Lurie, CREB® chief … [Read more...]

CREB Statistics – April 2nd, 2012

April Stats 2012

Calgary, April 2, 2012 – City of Calgary residential sales continued to rise in March 2012, reaching 2,167 units, an increase of 12.6 per cent over last March. “The rise in activity is related to the continued improvement of our economy and consumer confidence, as some concerns regarding the global economy have eased,” says Ann-Marie Lurie, CREB® chief economist. After the first quarter of 2012, … [Read more...]

CREB Statistics – March 1st, 2012

Feb 2012 Sales vs Listings

Calgary, March 1, 2012 – Sales activity improved across all residential sectors this month compared to a year ago, according to CREB® data released today. Calgary and area sales growth pushed February total residential activity up by 11.6 per cent compared February 2011, mainly due to increased activity in the surrounding towns. “City sales were boosted by a lot of activity in the last week of … [Read more...]