Calgary Real Estate Blog

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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Monthly Market Report - February 2019

Posted on Mar 01, 2019

Mike Baylis Calgary Real Estate

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.
As a result, prices are being affected.
“It is not a surprise that slowing activity in the housing market has persisted into Febru...

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Monthly Market Report - January 2019

Posted on Feb 01, 2019

Mike Baylis Calgary Real Estate

Media release: 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.

January sales totaled 804 units, 16 percent below last year and 21 percent below long-term averages for the month.

"The slow start to the year does not come as a surprise, as concerns...

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2019 Forecast - CREB

Posted on Jan 30, 2019

Mike Baylis Calgary Real Estate

Media release: 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.

Easing global oil prices, concerns regarding market access and easing investment activity are weighing on the energy sector and are expected to slow growth prospects in the...

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Monthly Market Report - December 2018

Posted on Jan 03, 2019

Mike Baylis Calgary Real Estate

Media release: 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 percent compared to last month and are over three percent below last December.

“Persistent weakness in the job market and changes in t...

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