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.
Market News
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.
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.
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.
City of Calgary, June 1, 2021 –
With 2,989 sales, housing market activity hit a new May record.
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.
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.
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.
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.
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.
