February 2021: sellers’ market leads to rising prices

2021-03-04T09:42:04-07:00March 4th, 2021|Real Estate Market|

With gains in every price range, residential sales activity in February totalled 1,836 units. This reflects the best February since 2014. “Despite continued COVID-19 restrictions, housing activity continues to improve. Much of the strong sales activity is expected to be driven by exceptionally low mortgage rates,” said CREB® chief economist Ann-Marie Lurie. “Confidence is also [...]

October 2020: detached homes drive Calgary sales growth

2021-02-04T10:06:50-07:00November 8th, 2020|Real Estate Market|

October 2020: detached homes drive Calgary sales growth With strong gains in the detached sector, October sales in the city reached 1,764 units. This is a 23 per cent increase over last year and well above longer-term averages. The gain in citywide residential sales outpaced the growth in new listings, supporting tighter market conditions [...]

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