Calgary Real Estate Blog

Monthly Market Report - January 2021 

Posted on Feb 01, 2021

Mike Baylis Calgary Real Estate

January sales signal strong start to 2021!

City of Calgary, February 1, 2021 –

January sales were the highest they have been for the month since 2014, as housing market momentum from the end of 2020 carried over into the start of 2021.

Sales activity improved across all product types and across all price ranges.

“Discount lending rates are exceptionall...

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Modest gains in Calgary housing market expected in 2021  

Posted on Jan 26, 2021

Mike Baylis Calgary Real Estate

Modest gains in Calgary housing market expected in 2021:

Calgary, Jan. 26, 2021 – In 2020, housing markets across the country surprised many with a stronger-than-expected rebound in the second half of the year despite record-high unemployment rates and significant job losses.

Calgary did not hit record-high sales or prices in the third or fourth quar...

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Monthly Market Report - December 2020 

Posted on Jan 01, 2021

Mike Baylis Calgary Real Estate

Amidst economic challenges, housing market ends 2020 on a high note

City of Calgary, January 4, 2021 –

With December sales of 1,199, this is the highest December total since 2007.

"Housing demand over the second-half of 2020 was far stronger than anticipated and nearly offset the initial impact caused by the shutdowns in spring. Even with the further...

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5 Reasons Why Winter Is Actually a Perfect Time to Sell Your Home

Posted on Dec 03, 2020

Many people believe that the winter housing market is the worst — there are typically fewer homes on the market, and fewer buyers, to boot. The winter weather seems a likely culprit for these conditions since people might be less inclined to go looking for houses, especially if there’s snow on the ground. But these conditions can work in favour of...

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Monthly Market Report - November 2020 

Posted on Dec 01, 2020

Mike Baylis Calgary Real Estate

Sales activity remains strong in November

City of Calgary, December 1, 2020 –

For the sixth month in a row, sales in the Calgary market recorded a year-over-year gain.

Sales growth over the past several months has been the strongest seen in the past five years, but the activity has not been strong enough to offset the pullbacks from the spring. Year-t...

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Monthly Market Report - October 2020 

Posted on Nov 01, 2020

Mike Baylis Calgary Real Estate

Detached homes drive Calgary sales growth in October

City of Calgary, November 1, 2020 –

With strong gains in the detached sector, October sales in the city reached 1,764 units. This is a 23 percent increase over last year and well above longer-term averages.

The gain in citywide residential sales outpaced the growth in new listings, supporting tighte...

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