Sales decline by two per cent from last year amidst COVID-19 pandemic

Posted on Jul 03, 2020

City of Calgary, July 2, 2020 –

After three months where COVID-19 weighed heavily on the housing market, sales activity in June continued to trend up from the previous month, totalling 1,747 units.

Caution remains necessary, as monthly sales are nearly two per cent lower than activity recorded last year. However, this represents a significant improve...

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COVID-19's impact on Calgary housing market continues

Posted on Jun 03, 2020

City of Calgary, June 1, 2020 

Housing market activity in May remained slow, but sales exceeded the lows from April, which saw less than 600 sales in Calgary. 

May sales totalled 1,080 units, a 44 per cent decline from last year's figures.
"The initial shock of COVID-19 and social distancing measure is starting to ease. This is bringing some buyers and...

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Calgary real estate market feeling impact of COVID-19

Posted on May 04, 2020

City of Calgary, May 1, 2020 –
After the first full month with social distancing measures in place, the housing market is adjusting to the effects of COVID-19.
April sales hit 573 units, a decline of 63 per cent over last year.

"The decline in home sales does not come as a surprise. The combined impact of COVID-19 and the situation in the energy sect...

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COVID-19 weighing on housing market

Posted on Apr 03, 2020

City of Calgary, April 1, 2020 –
After a strong start to 2020, economic conditions have dramatically changed, as COVID-19 is impacting all aspects of society.
The economic impact is starting to be felt across many industries. This includes the housing market.

March sales activity started the month strong, but quickly changed, as concerns regarding t...

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Home sales see a bump

Posted on Mar 04, 2020

City of Calgary, March 2, 2020 –
This month saw a double-digit gain in sales, but last February was one of the slowest levels of activity since the late ’90s.
With the extra day this February, monthly sales totaled 1,197 units. A combination of these two factors resulted in a 23 per cent improvement over last year, but sales remain well below longer...

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2020 opens with a slight gain in sales

Posted on Feb 03, 2020

City of Calgary, February 3, 2020 –

Housing market conditions continue to follow similar trends to last year, with gains in sales.
At the same time, there have been further reductions in new listings, inventory and more declines in prices.
January sales activity was 863 units, nearly eight per cent higher than last year’s levels. While sales remained...

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