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

Posted on Jan 05, 2021

City of Calgary, January 4, 2021 –

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. Even with the further restrictions imposed in December, it did not have the same negative...

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Sales activity remains strong in November

Posted on Dec 01, 2020

City of Calgary, December 1, 2020 –

For the sixth month in a row, sales in the Calgary market recorded a year-over-year gain.
Sales growth over the past several months has been the strongest seen in the past five years, but the activity has not been strong enough to offset the pullbacks from the spring. Year-to-date sales remain over three per cent l...

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Detached homes drive Calgary sales growth in October

Posted on Nov 05, 2020

City of Calgary, November 1, 2020 –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 and improving prices.“Over the...

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CREB®'s Q3 2020 Housing Report released

Posted on Oct 22, 2020

City of Calgary, October 22, 2020 –

Third-quarter activity was far better than original expectations, as sales activity in the city improved by nearly 12 per cent over last year's levels.

Some of the shift in the third quarter reflects activity that likely would have occurred in the second quarter. The housing market also benefited from easing lendi...

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August home sales consistent, but COVID-19 impacts continue

Posted on Sep 06, 2020

City of Calgary, September 1, 2020 –

Total residential sales in August were relatively stable compared to last year with year-over-year gains in the detached and row sectors.

These gains offset declines in the apartment and semi-detached products.

With 1,573 sales in August, this is consistent with levels over the past five years. Year-to-date sales...

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Detached and semi-detached home sales rise, but economic uncertainty remains

Posted on Aug 09, 2020

City of Calgary, August 4, 2020 –

With higher sales for both detached and semi-detached product, July sales totals rose above last year's levels. Despite the improvements in July, year-to-date sales remain 15 per cent lower than last year's levels."There have been improvements relative to the lowest sales levels caused by COVID-19, but it is too ear...

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