Optimum Realty Group - Blog

Supply levels ease with fewer new listings in August

Posted on Sep 04, 2022

City of Calgary, September 1, 2022 – August sales activity was comparable to the strong levels recorded last year and well above long-term trends for the month.

While sales have remained relatively strong, there continues to be a shift towards more affordable options as the year-over-year pullback in detached sales was nearly matched by gains for mu...

CREB®'s Q2 2022 Housing Market Report

Posted on Aug 16, 2022

CREB®'s Q2 2022 Housing Market Report

City of Calgary, August 16, 2022 – Within the city of Calgary, housing sales totalled 18,694 units in the first half of 2022, with sales in the second quarter nearly matching the record high pace set in the first quarter of the year.

“This doesn’t come as a surprise as consumers were eager to get into the market...

Detached home sales decline as apartment condominium sales rise

Posted on Aug 11, 2022

City of Calgary, Aug. 2, 2022 – Significant slowdowns in the detached and semi-detached market were nearly offset by sales growth in the apartment and row sectors. This left July sales three per cent lower than levels recorded last year. While this is the second month where sales activity has slowed, total residential sales this month are still amo...

Market starts to shift as sales slow

Posted on Jul 05, 2022

City of Calgary, July 4, 2022 – Sales activity in June eased relative to the past several months and with 2,842 sales, levels declined by two per cent over last year’s record high. While sales activity has remained relatively strong for June levels, the decline was driven by a pullback in detached and semi-detached home sales.

“As expected, higher i...

Market continues to favour the seller despite slowing sales

Posted on Jun 10, 2022

City of Calgary, June 1, 2022 – For the second month in a row, sales activity trended down after all-time record high sales in March. While activity in the market slowed down in May with 3,071 sales, levels are still slightly higher than last year’s record high and are far stronger than typical levels of activity recorded in May.

“It’s not a surpris...

Sellers' market conditions continue in April

Posted on May 08, 2022

FOR IMMEDIATE RELEASE

Sellers' market conditions continue in April

City of Calgary, May 2, 2022 – Following an all-time record high month of sales in March, activity slowed down in April. However, with 3,401 sales, it was still a gain of six per cent over last year and a record high for the month of April.

“Despite some of the monthly pullback, it i...

View Older Posts View Newer Posts