MARKET UPDATES

REGULAR UPDATES ON THE CALGARY MARKET

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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CALGARY Q3 2023 MARKET UPDATE

Posted on Nov 17, 2023 in Market Updates



City of Calgary, Nov. 17, 2023 - The Calgary Real Estate Board (CREB®) has released its Q3 2023 housing market report, providing a comprehensive overview of the real estate landscape in the City of Calgary and surrounding areas. The report showcases trends in sales and pricing, offering valuable insights for industry professionals and prospective h...

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CALGARY Q2 2023 MARKET UPDATE

Posted on Aug 16, 2023 in Market Updates



CREB, August 2023 - The Calgary Real Estate Board (CREB®) has released its Q2 2023 Housing Market Report. The report highlights a dynamic real estate landscape in the City of Calgary, showcasing strong trends in sales, demand and pricing. As expected, sales activity has slowed from last year’s record-breaking pace while staying stronger than long-t...

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CALGARY Q1 2023 MARKET UPDATE

Posted on Apr 28, 2023 in Market Updates



CREB, April 2023 - Sales activity has behaved as expected through the start of 2023 and slowed by 43 per cent over last year’s all-time record-high performance in the first quarter. The steeper decline in the first quarter was expected, given the surge in sales last year, as purchasers were eager to enter the market ahead of expected rate gains.

“Wh...

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CALGARY Q1 2022 MARKET UPDATE

Posted on Apr 26, 2022 in Market Updates



CREB, April 2022 - The first quarter of 2022 saw record high sales activity, thanks to an increase in new listings. This provided some choice for buyers in comparison to the previous quarter, where sales exceeded the number of new listings.

Although there was an improvement in new listings, it was not enough to add significant supply to the market...

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CREB 2022 ECONOMIC FORECAST

Posted on Feb 04, 2022 in Market Updates



Despite risks surrounding the pandemic, the outlook for our economy is far more promising than it was a few years ago, with renewed optimism coming from the energy sector and growth prospects in the tech industry. Improving economic activity, job growth and the slow return of migration to the city are expected to continue supporting relatively stro...

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