Calgary Real Estate Market Update! I June 2024

Pete: So we’ve seen sales declined by almost 13% and we’ve seen inventory grow by over 9%. Months of supply even is up by 25%. Are we getting into a buyer’s market? No, no, no, no, no, no. Stand by, I’ll give you all the details.  Pete de Jong here with ReMax. So we’re going […]

Calgary Real Estate Market Update! I March 2024

Pete: Hey guys, it’s Pete de Jong and Katelyn Brecio here with RE/MAX for another Calgary real estate market update. This is for March of 2024. And we’re going to talk a little bit about inventory versus demand. Supply versus demand. In other words, we’re going to talk about the effect of that on pricing […]

Calgary Real Estate Market Update! I February 2024

Hey, everyone. It’s Pete de Jong here with Remax Professionals with a market update for Calgary, March 2024. So what I’m going to do today is I’m going to go into the past a little bit and talk about what’s happened over the last four years. And then we’re going to talk about what’s going […]

Calgary Real Estate Market Update! I January 2024

Hey everyone, it’s Pete de Jong here with REMAX Professionals with a market update for January of 2024 versus January of 2023. And there is some good news. New listings are up 15.4%. But wait a minute. Why is inventory still down? Hold on one second. I’ll tell you. All right. So before we get […]

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 […]

Hi! It's Pete bot. Beep bop!

Can I help you with anything?

Just write down some details and I’ll let Pete know and he will get back to you in a jiffy!