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Market News

Supply trends up, but market still favours the seller

City of Calgary, July 2, 2021 –

Calgary’s housing market is showing few signs of letting up, as sales reached 2,915 units in June – a record high for the month.

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REALTORS® invest $300,000 in Sierra Place office-to-affordable-housing conversion

City of Calgary, June 24, 2021 – CREB® REALTOR® Community Foundation has awarded $300,000 in grant funding to support HomeSpace Society with its conversion of downtown office tower Sierra Place into affordable housing units.

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Inventory rises, but sellers' market conditions persist

City of Calgary, June 1, 2021 –

With 2,989 sales, housing market activity hit a new May record.

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Demand for homes remains high with record sales in April

City of Calgary, May 3, 2021 –

There were 3,209 sales in April, a new record high for the month, as Calgary's housing market continues to bounce back from the pandemic lows recorded in 2020.

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Calgary REALTOR® recognized for outstanding volunteerism

City of Calgary, April 30, 2021 – Calgary REALTOR® Murray Scotton received the 2020 Volunteer of the Year - Marilyn Jones Memorial Award at the Calgary Real Estate Board’s (CREB®) Annual General Meeting on April 22.

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Calgary REALTOR® receives prestigious award for community impact

City of Calgary, April 29, 2021 – Calgary REALTOR® Gareth Morris was awarded the 2020 REALTOR® of the Year – T.W.H. (Bill) Saunders Memorial Award at the Calgary Real Estate Board’s (CREB®) Annual General Meeting on April 22.

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CREB®'s Q1 2021 Housing Report Released

City of Calgary, April 20, 2021 –

For the full report, please download CREB®’s Q1 2021 Calgary & Region Quarterly Update Report here.

The economic challenges associated with COVID-19 brought about a dramatic rate cut from the Bank of Canada and an even more significant drop in the discount rates for mortgages.

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Calgary housing market sees best March sales in over a decade

Persistent sellers’ market conditions contribute to price gains

City of Calgary, April 1, 2021 – The initial impact of COVID-19 on the housing market began last March.

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Calgary and area REALTOR® community to invest $300,000 in the creation of new housing options

City of Calgary, March 22, 2021 –

The 2021 Legacy Grant application is now open from CREB® REALTOR® Community Foundation to support the creation of new housing options in Calgary and area communities.

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Sellers' market in February leads to rising prices

City of Calgary, March 1, 2021 – With gains in every price range, residential sales activity in February totalled 1,836.

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Source: https://www.creb.com/News_Centre/Media_Releases/