Market Updates

October 2022 Market Snapshot

Posted on Nov 07, 2022 in Market Updates


Boo! I spent most of October scrolling through endless posts of dogs in Halloween costumes but it's time to dive back into some adult content. October sales pulled back compared to last Halloween. With detached homes being the biggest driver in the real estate market in the last 18 months, the easing of sales in this segment decelerated market grow...

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August 2022 Market Snapshot

Posted on Sep 01, 2022 in Market Updates


How many dramatic click bait headlines have you seen on the news about the real estate market lately? Phrases like "prices plummeting" or "housing market crash looming" floating around on social media. Over this summer, the benchmark price of all property types in Calgary eased to $531,800 but prices are still more than 11% higher than last year. T...

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May 2022 Market Snapshot

Posted on Jun 06, 2022 in Market Updates


Have we moved passed the craziest times? Since record-high sales in March, sales activity has trended down or the second month in a row. We've talked about how the interest rate hikes would affect buyers and it looks like we are finally seeing the impacts on the real estate market. For the last five months, so many buyers were eager to purchase the...

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April 2022 Market Snapshot

Posted on May 06, 2022 in Market Updates

Are you feeling the spring vibes lately? I bought some flowers, and deep cleaned my home. And the days are getting longer - I am loving evening walks with Cosmo and still seeing sunlight past 6PM lately. Real estate? April actually cooled down a tad. March was a tough month to follow as an all-time record high month of sales. This month the total n...

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March 2022 Market Snapshot

Posted on Apr 12, 2022 in Market Updates


We thought February was the record holder for sales but then this month came MARCHing in and new records were set again (ha..ha.. you know because this is a March market update). Sales were not only high for this time of year but also hit all-time record highs for any given month. March totalled over 4,100 sales, about a 41% increase Y/Y. There was...

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February 2022 Market Snapshot

Posted on Mar 07, 2022 in Market Updates

Up, up, up! That's the direction that most of the real estate market is headed. If the real estate market was a roller coaster, then it seems we've been climbing upward forever and haven't turned down for the plunge yet. We are in the fourth month in a row that the market has been tighter than we saw last spring - and we thought it was crazy back t...

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