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.
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Calgary Market Insider May 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 6% over last year and a record high for the month of April.
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Calgary Market Insider April 2022
For the second month in a row, sales activity not only reached a monthly high but also hit new record highs for any given month. Gains occurred across every property type as they all hit new record highs. An increase in new listings this month helped support the growth in sales activity. However, inventories have remained relatively low, ensuring the market continues to favour the seller.
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Calgary Market Insider January 2022
Thanks to exceptionally high sales in December, 2021 was a record year for home sales. Calgary real estate sales reached 27,686 units this year, nearly 7% higher than last year and over 44% higher than the 10-year average.
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Calgary Market Insider November 2021
There were 2,186 sales in October, a record high for the month and over 35% higher than longer-term averages. Year-to-date sales are on pace to hit new record highs and are currently 61% higher than average activity recorded over the past five years and 42% higher than 10-year averages.
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Calgary Market Insider October 2021
Residential sales totalled 2,162 in September, nearing the record high for the month recorded in 2005. Further gains in new listings likely supported some of the sales growth that occurred this month.
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Calgary Market Insider September 2021
Citywide sales in August reached 2,151 units, 37% higher than last year and 25% higher than long-term trends. Sales have slowed from the record-setting pace seen earlier this year, but on a year-to-date basis, the eight-month total of 19,516 sales is higher than annual sales figures recorded over the past six years.
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Calgary Market Insider August 2021
July sales totaled 2,319 units, which is well above long-term averages and the best July on record. The pace of sales growth has eased over the past few months, but so too has the pace of new listings growth. This has helped prevent any further monthly gains in inventory levels, and while overall supply remains slightly higher than last July, it’s mostly due to gains in apartment and row product.
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Calgary Market Insider July 2021
Calgary’s housing market is showing few signs of letting up, as sales reached 2,915 units in June – a record high for the month.
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Calgary Market Insider June 2021
With 2,989 sales, housing market activity hit a new May record. Despite strong levels of sales, they did trend down relative to last month. Additionally, there were 4,562 new listings, causing seasonally adjusted inventory levels to increase over last month.
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