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 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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Calgary Market Insider January 2021
December had the highest amount of sales since 2007. A total of 1,199!
Attractive interest rates along with prices that remain lower than several years ago have likely supported some of the recovery in the second half of the year. However, it is important to note that annual sales activity declined by 1% compared to last year and remain well below long-term averages.
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Calgary Market Insider November 2020
With strong gains in the detached sector, October sales in the city reached 1,764 properties. This is a 23% increase over last year and well above longer-term averages.
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Calgary Market Insider October 2020
September sales activity jumped to 1,702 units, the strongest September total since 2014.
New listings in September improved over last month, but levels remained comparable to the previous year. The increase in sales relative to new listings did prevent any monthly gains in inventory levels, but supply in the market is still down 12% compared to last year.
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Calgary Market Insider August 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% lower than last year’s levels.
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Calagry Market Insider June 2020
Housing market activity in May remained slow, but sales exceeded the lows from April, which saw less than 600 sales in Calgary. May sales totalled 1,080 units, a 44% decline from last year’s figures.
“The initial shock of COVID-19 and social distancing measure is starting to ease. This is bringing some buyers and sellers back to the market. However, this market continues to remain far from normal and prices are trending down,” said CREB® chief economist Ann-Marie Lurie.
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