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January 2025 Real Estate Statistics
CREB® has released the January stats, reporting that following three consecutive years of limited supply choice, inventory levels in January rose to 3,639 units. While the 70 per cent year-over-year gain is significant, inventory levels remain lower than the over 4,000 units we would typically…
December 2024 Statistics
2024 marks another strong year for sales and price growth CREB® released the final stats package for 2024, saying the year ended with 1,322 sales in December, a three per cent decline over last year, but nearly 20 per cent higher than long-term trends. Overall…
September Real Estate Statistics
New listing growth driven by higher-priced homes CREB® released the September real estate stats with the headline being that new listing growth was driven by higher-priced homes. Rising sales in the upper price ranges were not enough to offset the pullback occurring in the lower…
August Real Estate Statistics
Calgary housing market sees shifts The August stats have been released by CREB®, reporting that the Calgary housing market saw a shift as activity continues to move away from the extreme sellers’ market conditions experienced throughout the spring. Easing sales, combined with gains in supply,…
Bank of Canada Cuts Interest Rates Again: What It Means for the Economy
On July 24, 2024, the Bank of Canada announced another reduction in its target for the overnight lending rate, lowering it from 4.75% to 4.5%. This move, widely anticipated by financial markets, marks the second rate cut since the onset of the pandemic four years…
July Real Estate Statistics
Supply levels improve, taking some pressure off prices CREB® released the July statistics saying, with the busy spring market behind us, we are starting to see some shifts in supply levels. With 2,380 sales and 3,604 new listings, the sales-to-new listings ratio fell to 66…
A Guide to Low-Income Supports in Calgary
Living on a low income can be challenging, but Calgary, and the province, offers various supports and resources to help individuals and families navigate these difficulties. From housing assistance to food security programs, here's a comprehensive guide to the low-income supports available in Calgary. Affordable…
5 Must-Try Day Hikes Near Calgary
Calgary serves as a gateway to some of the most stunning natural landscapes in the world. Surrounded by the majestic Canadian Rockies, we have an abundance of outdoor activities, including an array of breathtaking day hikes within just an hour's drive. Whether you're a seasoned…
2022 saw record-high sales and double-digit price growth
CREB® released their final monthly stats package for 2022 saying the year saw record-high sales and double-digit growth. December sales eased, however, slowing sales over the second half of 2022 were not enough to offset earlier gains as sales reached a record high of 29,672…
Looking Ahead to 2023
2022 is quickly coming to an end and I’m so grateful for my family, friends and clients who helped make it such an amazing year. I’m also so excited for what 2023 will bring and so is Macleans who released their annual look at the…