February 2024 Market Snapshot
Posted on Mar 11, 2024 in Market Updates
Spring is around the corner! I've been telling my clients that the real estate spring market starts in February so let me back that up with this market update. The temperature has been warming up and so has buyer demand. More new listings came to market in February and buyers have been quick to jump on the new supply. This month, new listings impro...January 2024 Market Snapshot
Posted on Feb 13, 2024
Already time for another market update?! 2024 is off to the races! Sales in January showed a significant upswing compared to last year & were way higher than long-term trends. New listings came to market, giving more options for potential buyers and supporting more sales this month but market conditions are still extremely tight. As new listings tr...December 2023 Market Snapshot
Posted on Jan 04, 2024
As we crossed the finish line for 2023, Calgary real estate market stayed strong to the very end. There was a small dip in sales from the peak in the previous year but remained strong with 27,416 sales - way higher than pre-pandemic levels. The climbing interest rates pulled back housing demand but high migration rate from other provinces kept the...November 2023 Market Snapshot
Posted on Dec 07, 2023 in Market Updates
How are we at the tail-end of the year already?? Bargain finding, sale snagging, and holiday shopping are in full swing... same goes for house hunting (not my best segue but you knew it was coming). November saw an improved number of new listings. With 2,227 units hitting the market, this month saw 40% more new listings than reported last year. How...October 2023 Market Snapshot
Posted on Nov 16, 2023
Spooky season is over and the leaves have all fallen. You can't say the same for the buying temperature in Calgary real estate market though. October sales pulled back compared to the previous month but this happens every year - it's a typical seasonal pattern of our market and sales were still 17% higher than same time last year. About 30% this mo...September 2023 Market Snapshot
Posted on Oct 06, 2023
The leaves are falling...but prices are not. September was another strong month for the Calgary real estate market. This month reached another record-high of 2,441 recorded sales. There were more new listings that came to market this month, which helped ease the sales-to-new-listings ratio back to 76%. This helped maintain the inventory levels but...