April 2021

CREB®’s Q1 2021 Housing Report Released

Posted on Apr 20, 2021

Mike Baylis Calgary Real Estate

City of Calgary, April 20, 2021 –

The economic challenges associated with COVID-19 brought about a dramatic rate cut from the Bank of Canada and an even more significant drop in the discount rates for mortgages.

The low-interest-rate environment, combined with pent-up demand and increased savings among those who remained employed throughout the pande...

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Monthly Market Report - March 2021 

Posted on Apr 01, 2021

Mike Baylis Calgary Real Estate

Calgary housing market sees best March sales in over a decade

Persistent sellers’ market conditions contribute to price gains

City of Calgary, April 1, 2021 –

The initial impact of COVID-19 on the housing market began last March.

One year later, it is not a surprise that March sales in 2021 were higher than in 2020. However, at 2,903 sales, this was th...

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