CALGARY Q1 2022 MARKET UPDATE
Posted on Apr 26, 2022 in Market Updates
Although there was an improvement in new listings, it was not enough to add significant supply to the market...
CREB 2022 ECONOMIC FORECAST
Posted on Feb 04, 2022 in Market Updates
Despite risks surrounding the pandemic, the outlook for our economy is far more promising than it was a few years ago, with renewed optimism coming from the energy sector and growth prospects in the tech industry. Improving economic activity, job growth and the slow return of migration to the city are expected to continue supporting relatively stro...
CREB 2022 HOUSING MARKET FORECAST
Posted on Jan 25, 2022 in Market Updates
“Despite challenges with COVID-19, we are starting to see a turnaround in our job and migration numbers, and whil...
CALGARY Q3 2021 MARKET UPDATE
Posted on Oct 19, 2021 in Market Updates
CREB, October 2021 - The persistent challenges caused by the pandemic continue to weigh on economic activity. However, the housing market remains resilient. The pace of growth and level of sales have eased from the record highs seen in the second quarter, but with 6,628 sales, this was the best third quarter since 2014.
Much of the demand growth con...
CALGARY Q2 2021 MARKET UPDATE
Posted on Aug 05, 2021 in Market Updates
CREB, July 2021 - Since March, the Calgary housing market has been hitting record-high sales each month and supply has not kept pace. This has caused extremely tight conditions, especially in the detached sector, where benchmark home prices went from $492,000 in January to $537,200 in June. These steady price gains have encouraged more sellers to l...