Housing Market Stats
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Calgary Real Estate Market & Home Sales
Dec 31, 2023. How’s the Market for Calgary Real Estate? Calgary Home Sales in Dec 2023 are pretty close to Calgary Home Sales in 2022. Supply continues to be low. Month-End Active Listings are slightly lower than December 2022. Overall, home sales are up slightly. Home Prices react to the number of…
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Navigating the Calgary Real Estate Market: Insights and Trends
Navigating the Calgary Real Estate Market: Insights and Trends The Calgary real estate market has always been a dynamic and ever-changing landscape, driven by various economic factors, local developments, and global trends. As prospective buyers and sellers, it’s essential to stay informed about the latest statistics and trends to make well-informed decisions.…
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Summer of 2023 Calgary Real Estate
Summer of 2023 Calgary Real Estate The summer of 2023 has been interesting, to say the least. Less than one month’s supply of homes for sale at any given time. Sellers have been on vacation. The sellers that were not hanging out at the beach, have had the market to themselves. The…
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June 2023 Calgary Real Estate Stats
June 2023 Calgary Real Estate Stats Sellers Market remains strong in Calgary. Buyers are bidding prices higher as they fight for a home in Calgary’s low inventory housing market. Mortgage fine print concerning mortgage portability and payout penalties could help with the low inventory situation. Lots of would-be sellers are anchored to…
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Calgary Foreclosure Sales Report
Here is a report of the most recent foreclosure sales. Some of the foreclosure questions we ask and answer in this Calgary Home Sales Report are: We want to know who the seller is and what they have been willing to accept in the past before we write an offer to purchase…
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Real Estate Market Feb 2023
How’s the Calgary Real Estate Market? Feb 2023, the Calgary Real Estate Market is favouring home sellers. Low inventory of all home types has the sellers driving the bus going into the 2023 spring housing market. The current low supply of homes on the market will keep prices firm even though the…
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Sellers Market – Jan 2023
Low resale inventory in all Calgary home types combined with steady property sales has created a home seller’s market as of January 25, 2023. Calgary Home Sellers are in control when the resale inventory of homes drops below a few months’ supply. The Supply & Demand chart below has a lot of…
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Home Prices Heading South in Calgary
Mortgage Interest Rates are the Number One Cause of Price Changes in the Calgary Real Estate Market. Interest Rates cause home price changes that cause monthly payment changes. The money market controls the home market. The money market is subject to world events, government reactions, and overreactions. One thing is for sure;…
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2022 Oct Market Stats
October 2022 ended with 4,017 homes left on the Calgary Real Estate Market. Sales and listings are both down from October 2021. The daily average units sold was down vs last year. However, the percentage of total listings was up from 42% to 46%.