Calgary Real Estate Blog

Monthly Market Report - September 2019

Posted on Oct 01, 2019

Mike Baylis Calgary Real Estate


Media release: Shifting to stability

City of Calgary, October 1, 2019 – For the third consecutive month, sales activity improved over last year’s figures, and year-over-year new listings and inventories eased. This trend will help support more stability in the housing market.

“Price declines have likely brought some buyers back into the market,” said...

Read More

Monthly Market Report - August 2019

Posted on Sep 03, 2019

Mike Baylis Calgary Real Estate


Media release: Sales activity increase led by lower-priced homes


City of Calgary, September 3, 2019 – Increased sales and easing new listings reduced housing inventories in August. Sales were primarily driven by homes priced below $500,000.

“Employment numbers have been improving, but mostly in industries that are traditionally lower paid,” said CREB...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More