Real Estate Services

Market News

Price growth slows as supply to demand balance improves

City of Calgary, August 3, 2021 – July sales totaled 2,319 units, which is well above long-term averages and the best July on record. The pace of sales growth has eased over the past few months, but so too has the pace of new listings growth. This has helped prevent any further monthly gains in inventory levels, and while overall supply remains slightly higher than last July, it’s mostly due to gains in apartment and row product.

Read More...

CREB®s Q2 2021 Housing Market Report

City of Calgary, July 29, 2021 –

For the full report, please download CREB®'s Q2 2021 Calgary & Region Quarterly Update Report here.

Within the city of Calgary, sales totalled 15,050 units after the first half of the year, the highest levels seen in more than a decade. 

Read More...

Supply trends up, but market still favours the seller

City of Calgary, July 2, 2021 –

Calgary’s housing market is showing few signs of letting up, as sales reached 2,915 units in June – a record high for the month.

Read More...

REALTORS® invest $300,000 in Sierra Place office-to-affordable-housing conversion

City of Calgary, June 24, 2021 – CREB® REALTOR® Community Foundation has awarded $300,000 in grant funding to support HomeSpace Society with its conversion of downtown office tower Sierra Place into affordable housing units.

Read More...

Inventory rises, but sellers' market conditions persist

City of Calgary, June 1, 2021 –

With 2,989 sales, housing market activity hit a new May record.

Read More...

Demand for homes remains high with record sales in April

City of Calgary, May 3, 2021 –

There were 3,209 sales in April, a new record high for the month, as Calgary's housing market continues to bounce back from the pandemic lows recorded in 2020.

Read More...

Calgary REALTOR® recognized for outstanding volunteerism

City of Calgary, April 30, 2021 – Calgary REALTOR® Murray Scotton received the 2020 Volunteer of the Year - Marilyn Jones Memorial Award at the Calgary Real Estate Board’s (CREB®) Annual General Meeting on April 22.

Read More...

Calgary REALTOR® receives prestigious award for community impact

City of Calgary, April 29, 2021 – Calgary REALTOR® Gareth Morris was awarded the 2020 REALTOR® of the Year – T.W.H. (Bill) Saunders Memorial Award at the Calgary Real Estate Board’s (CREB®) Annual General Meeting on April 22.

Read More...

CREB®'s Q1 2021 Housing Report Released

City of Calgary, April 20, 2021 –

For the full report, please download CREB®’s Q1 2021 Calgary & Region Quarterly Update Report here.

The economic challenges associated with COVID-19 brought about a dramatic rate cut from the Bank of Canada and an even more significant drop in the discount rates for mortgages.

Read More...

Calgary housing market sees best March sales in over a decade

Persistent sellers’ market conditions contribute to price gains

City of Calgary, April 1, 2021 – The initial impact of COVID-19 on the housing market began last March.

Read More...

Source: https://www.creb.com/News_Centre/Media_Releases/