Canadian Home Prices Remain Steady for Another Month

By: Deven Folkins

Canadian Home Prices Remain Steady for Another Month

Tags: calgary homes, house prices calgary, calgary real estate, calgary realtor, calgary house for sale, real estate market statistics, real estate market update

August saw national home sales hold steady on a month-to-month basis for the first time since February along with a stabilization of demand/supply conditions in many markets, which could be an early sign that this year’s sharp adjustment in housing markets across Canada may have mostly run its course. ...Read More

CREB®'s Q2 2022 Housing Market Report

By: Deven Folkins

CREB®'s Q2 2022 Housing Market Report

Tags: calgary homes, house prices calgary, calgary real estate, calgary realtor, calgary house for sale, real estate market statistics, real estate market update

City of Calgary, August 16, 2022 – Within the city of Calgary, housing sales totalled 18,694 units in the first half of 2022, with sales in the second quarter nearly matching the record high pace set in the first quarter of the year. “This doesn’t come as a surprise as consumers were eager to get into the market ahead of rate gains while they still had low pre-approval rates,&rd...Read More

Detached home sales decline as apartment condominium sales rise

By: Deven Folkins

Detached home sales decline as apartment condominium sales rise

Tags: calgary homes, house prices calgary, calgary real estate, calgary realtor, calgary house for sale, real estate statistics, sell your home, buying a home

Significant slowdowns in the detached and semi-detached market were nearly offset by sales growth in the apartment and row sectors. This left July sales three per cent lower than levels recorded last year. While this is the second month where sales activity has slowed, total residential sales this month are still amongst the strongest levels recorded in our market. “Rising lending r...Read More

Canadian Home Sales Down Again in June

By: Deven Folkins

Canadian Home Sales Down Again in June

Tags: calgary homes, house prices calgary, calgary real estate, calgary realtor, calgary house for sale, real estate market statistics, real estate market update

Canadian Home Sales Down Again in June “Sales activity continues to slow in the face of rising interest rates and uncertainty,” said Jill Oudil, Chair of CREA. Download our latest snapshot for the latest insights on real estate activity across Canada. Read more ...Read More

Market starts to shift as sales slow

By: Deven Folkins

Market starts to shift as sales slow

Tags: calgary homes, house prices calgary, calgary real estate, calgary realtor, calgary house for sale, real estate market statistics, real estate market update

City of Calgary, July 4, 2022 –  Sales activity in June eased relative to the past several months and with 2,842 sales, levels declined by two per cent over last year’s record high. While sales activity has remained relatively strong for June levels, the decline was driven by a pullback in detached and semi-detached home sales. “As expected, higher interest rates are starti...Read More

Rising Interest Rates Push Home Sales Down in May

By: Deven Folkins

Rising Interest Rates Push Home Sales Down in May

Tags: calgary homes, house prices calgary, calgary real estate, calgary realtor, calgary house for sale, real estate market statistics, real estate market update

?With interest rates on the rise, and five-year fixed rates getting out ahead of what the Bank of Canada is expected to do later this year, home sales have cooled sharply in recent months. Download our national Market Snapshot for the latest insights on Canadian sales activity. Download pictographic...Read More

Market continues to favour the seller despite slowing sales

By: Deven Folkins

Market continues to favour the seller despite slowing sales

Tags: calgary homes, house prices calgary, calgary real estate, calgary realtor, calgary house for sale

City of Calgary, June 1, 2022 –  For the second month in a row, sales activity trended down after all-time record high sales in March. While activity in the market slowed down in May with 3,071 sales, levels are still slightly higher than last year’s record high and are far stronger than typical levels of activity recorded in May. “It’s not a surprise to see sales eas...Read More

Canadian Home Sales Drop in April as Mortgage Rates Rise

By: Deven Folkins

Canadian Home Sales Drop in April as Mortgage Rates Rise

Tags: calgary homes, house prices calgary, calgary real estate, calgary realtor, calgary house for sale, real estate market statistics, real estate market update

As mortgage rates continue to rise, Canadian home sales dropped by 12.6% in April, following a 6% decline between February and March.   While prices remain historically high, they slowed noticeably on a month-over-month basis.   https://view.comms.crea.ca/?qs=ea69e97b10b26bb164b57e1820f939d69db048d2e3bd4d94f99a6721e3047fcb0263e6cb9842b06bf4dd95e52aa99407cbc79706fe3596b9e67c93017952db4...Read More

Sellers' market conditions continue in April

By: Deven Folkins

Sellers' market conditions continue in April

Tags: calgary homes, house prices calgary, calgary real estate, calgary realtor, calgary house for sale, real estate market statistics, real estate market update

City of Calgary, May 2, 2022 –  Following an all-time record high month of sales in March, activity slowed down in April. However, with 3,401 sales, it was still a gain of six per cent over last year and a record high for the month of April.  “Despite some of the monthly pullback, it is important to note that sales remain exceptionally strong and are likely being limited due...Read More

Canadian Home Sales Slow Down in March

By: Deven Folkins

Canadian Home Sales Slow Down in March

Tags: calgary homes, house prices calgary, calgary real estate, calgary realtor, calgary house for sale

Home sales slowed down noticeably in March 2022, yet it’s still the second strongest month for sales volume, ever. With the Bank of Canada aggressively hiking interest rates, this slowdown may last a while as Canada continues to face record low supply levels. ...Read More

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