Blog
April 2024 | Housing Stats
PRICE GROWTH PERSISTS IN CALGARY AS SELLER’S MARKET PREVAILS
Sales in April rose by seven per cent compared to last year, to 2,881 units. While the pace of growth did ease compared to earlier in the year, sales remain 37 per cent higher than long-term trends for the month. Much of the growth in sales has occurred for relatively more affordable, higher-density products.
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March 2024 | Housing Stats
MARCH REFLECTS STRONG SELLER’S MARKET AND PRICE INCREASES
March sales rose to 2,664 units, a 10 per cent yearover-year gain and much higher than long-term trends. While new listings did pick up over last month, the 3,172 units were still below what we typically see in March and not enough relative to sales to drive any change in the supply situation. In March, the sales-to-new listings ratio rose to 84 per cent, and the months of supply fell below one month.
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February 2024 | Housing Stats
LOW INVENTORY AND HIGH DEMAND DRIVE PRICE GAINS IN FEBRUARY
New listings continued to rise in February, reaching 2,711 units. However, the rise in new listings supported further growth in sales, which increased by nearly 23 per cent compared to last year for a total of 2,135 units.
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January 2024 | Housing Stats
JANUARY SEES STRONG SALES FUELED BY BOOST IN NEW LISTINGS
January sales rose to 1,650 units, a significant gain over last year’s levels and long-term trends. The growth was possible thanks to a rise in new listings totalling 2,137 units in January.
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