Market News

Sales improving and inventory declines for fourth month in a row

City of Calgary, August 1, 2019 – For the fourth consecutive month, inventories in the market declined compared to last year. This is due to the combination of improving sales and a decline in new listings.

Read More...

Mid-year market update: Modest supply reductions may signal shift to balanced housing market by end of year

City of Calgary, July 22, 2019 – A struggling energy sector continues to weigh on the overall economy. Unemployment levels remain elevated and income growth remains weak.

Read More...

Oversupply is slowing, but a buyers' market remains

City of Calgary, July 2, 2019 – New listings coming onto the market continued to decline in June, which is helping to reduce the oversupply of homes in Calgary.

Read More...

Sales activity improves for second consecutive month

City of Calgary, June 3, 2019 – Sales growth in May was met with a decline in new listings. This combination eased the pressure on inventory levels, which finished the month at 7,467 units, a decline of 12 per cent compared to last year.

Read More...

April brings a slight inventory decline

City of Calgary, May 1, 2019 – There have been no significant changes occurring in sales activity, but the number of new listings coming onto the market continues to ease relative to 2018 levels. 

Read More...

Oversupply persists despite improved sales activity for affordable product

City of Calgary, April 1, 2019 – March saw a modest decline in city wide sales activity compared to last year. However, sales have been rising for more affordable product in the detached and attached sectors.

Read More...

Housing market feels the chill as oversupply continues

City of Calgary, March 1, 2019 – The effects of Calgary’s economic climate continue to create weak sales activity and elevated inventory in the city’s housing market.

Read More...

New year kicks off with slow sales

City of Calgary, February 1, 2019 – As economic challenges linger into 2019, housing markets remain on a sluggish pace.

Read More...

Economic challenges to affect Calgary's housing market in 2019

Calgary, Jan. 30, 2019 – The challenging economic climate in Calgary is expected to persist into 2019.

Read More...

Job market weakness and lending restrictions a common thread in 2018's housing market

City of Calgary, January 2, 2019 –

As oversupply continues in Calgary’s housing market, December prices eased by one per cent compared to last month and are over three per cent below last December. 

Read More...