December 2020: Amidst economic challenges, housing market ends 2020 on a high note

2021-02-04T10:00:52-07:00January 8th, 2021|Real Estate Market|

With December sales of 1,199, this is the highest December total since 2007. “Housing demand over the second half of 2020 was far stronger than anticipated and nearly offset the initial impact caused by the shutdowns in spring,” said CREB® chief economist Ann-Marie Lurie. “Even with the further restrictions imposed in December, it did [...]

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 [...]

September 2020: home sales rise along with supply

2021-02-04T10:12:06-07:00October 8th, 2020|Real Estate Market|

September sales activity jumped to 1,702 units, the strongest September total since 2014. New listings in September improved over last month, but levels remained comparable to the previous year. The increase in sales relative to new listings did prevent any monthly gains in inventory levels, but supply in the market is still down 12 per [...]

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