January 2024

CREB: 2023 ECONOMIC REVIEW & 2024 FORECAST

Posted on Jan 23, 2024 in Market Updates


The Calgary Real Estate Board (CREB) recently put out their annual market and economic review and forecast. This annual report examines the housing sector, local Calgary economy, and other variables which impact real estate such as lending rates and migration patterns.

Here, a look at what CREB has to say about the Calgary economy. If you are lookin...

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JANUARY 2024 DEVELOPER REPORT

Posted on Jan 02, 2024 in Developer Reports



New infills performed well in 2023 despite significant headwinds from rising interest rates and historically low inventory levels.

Single-family new infills posted 19 sales during the month of December, slightly down from the 20 sales recorded last month but up from the 14 sales recorded in December of last year. 2023 finished strong with 391 single...

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