New listing growth driven by higher-priced homes
Posted on Oct 01, 2024
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 September.
“We are starting to see a rise in new...
“We are starting to see a rise in new...
You Are Invited to Cranchella
Posted on Sep 20, 2024
🎶 Join us on September 28th from 1 PM-7 PM at Cranchella Music Fest! 🎶
We are excited to be one of the sponsors for Cranchella and we’ve got something fun for the whole family! Bring the kids for FREE face painting from 2-4 PM 🎨 at our stand, and don't forget to grab your free treat bag! 🍭🎉
📅 When: September 28th 1 PM -7 PM
📍 Where: Century Hall, Cran...
Calgary housing market sees shifts
Posted on Sep 04, 2024
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 new listings are starting to suppor...
Supply levels improve, taking some pressure off prices
Posted on Aug 01, 2024
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 in July, but the first time they have pushed above 4...CREB releases Q2 2024 Calgary and region housing market report
Posted on Jul 29, 2024
The Calgary Real Estate Board (CREB®) has released its Q2 2024 housing market report, providing an overview of the real estate landscape in Calgary and surrounding areas. The report showcases trends in sales and pricing, offering valuable insights for industry professionals and prospective homebuyers and sellers.The latest data reveals that new lis...
June sales decline amid supply challenges and rising prices
Posted on Jul 02, 2024
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 higher than long-term trends.
“The pullback in sales reflects sup...
“The pullback in sales reflects sup...