Calgary Real Estate Blog

Monthly Market Report - July 2019

Posted on Aug 01, 2019

Mike Baylis Calgary Real Estate


Media release: Sales improving and inventory declines for the 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.

The market continues to favour the buyer, but a continuation...

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Mid-year market update - July 22, 2019

Posted on Jul 22, 2019

Mike Baylis Calgary Real Estate

Mid-year market update: Modest supply reductions may signal a shift to a 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.

However, Calgary continues to benefit from stable population growth f...

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Monthly Market Report - June 2019

Posted on Jul 02, 2019

Mike Baylis Calgary Real Estate


Media release: 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.

Year-over-year, new listings saw a decrease of nearly 19 percent. Sales activity slowed this month compared to last year by...

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Monthly Market Report - May 2019

Posted on Jun 03, 2019

Mike Baylis Calgary Real Estate

Media release: 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 percent compared to last year.

Improving sales relative to inventory levels c...

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Monthly Market Report - April 2019

Posted on May 01, 2019

Mike Baylis Calgary Real Estate


Media release: 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.

The decline in new listings was enough to start chipping away at overall inventory levels, which ha...

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Monthly Market Report - March 2019

Posted on Apr 01, 2019

Mike Baylis Calgary Real Estate

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.

Shifts in the lower end of the market have not outweighed easing acro...

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