May 2023 Market Update! | New Record High Sales?!
Kate: Hey guys, this is Katelyn Pete: and Pete de Jong Kate: and we are here to bring you your monthly update for May. Pete: Yeah, for the Calgary Real Estate. Yes. In Calgary. which is probably where Calgary real estate would be. I don’t know. Come to think of it . It’s been quite […]
April 2023 Market Update! | Have Prices Reached A New High?!
Pete: Hey, it’s Pete de Jong with Remax and I’m here with Kate. Kate: Hi. Pete: And we’re gonna talk to you about.. That was week… Kate: Hi. Sorry. Pete: We’ll do it again. Kate: Hey Pete: Hey! Maybe I’m too aggressive. Hey, it’s Pete de Jong. Hey, it’s Pete de Jong here with Remax […]
March 2023 Market Update! | Calgary Real Estate Market Feeling Effects of Low Inventory
Katelyn: Hi guys, this is Katelyn. Pete: I’m Pete! Katelyn: With our monthly market update for the month of March, 2023. So Pete, if you could describe the Calgary real estate market in one sentence, how would you break it down? Pete: It’d be hard to do, but I think I’d probably say that sales […]
February 2023 Calgary Real Estate Market Update! | Lowest Inventory Since 2006?!
Pete: Hey everyone, it’s Pete and Hi, it’s Kate . We’re gonna give you a market update for February of 2023. And it’s pretty interesting, so standby. By the way, at the end, we’re gonna go back to doing the highest price sale in February and the lowest price sale in February as well. So, […]
Market Update: November 2022 | Sales Down 96%?!?
Sales remain stronger than pre-covid levels October sales eased compared to last year’s levels, mostly due to slower activity in the detached sector. However, with 1,857 sales this month, levels are still stronger than long-term trends and activity reported prior to the pandemic. Year-to-date sales have reached 26,823 and with only two months to go, […]
Market Update: October 2022 | Wait! WAS PETE RIGHT?!?
Demand shifting to more affordable options Strong sales for condominium apartment and row properties was not enough to offset declines reported for other property types. This caused city sales to ease by nearly 12 per cent compared to last year. However, with 1,901 sales in September, activity is still far stronger than levels achieved prior […]
Market Update: September 2022 – Does The Media Have It Wrong?!?
CREB Now August 2022 Market Update: Supply levels ease with fewer new listings in August City of Calgary, September 1, 2022 – August sales activity was comparable to the strong levels recorded last year and well above long-term trends for the month. While sales have remained relatively strong, there continues to be a shift towards more […]
Market Update: July 2022 – Is The Real Estate Market Crashing?!?
CREB Now July 2022 Market Update: Detached home sales decline as apartment condominium sales rise 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 […]
Market Update: June 2022
CREB Now June 2022 Market Update: Market starts to shift as sales slow 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 […]
Market Update: May 2022
CREB Now April 2022 Market Update: Market continues to favour the seller despite slowing sales 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 […]
