Sales and new listings slow in AugustCalgary, Alberta, September 1, 2026 – Consistent with trends throughout most of 2026, both sales activity and the number of new
John Kwong's Blog Posts
August 2026 Real Estate Market Report: Calgary and Surrounding AreaAs Calgary’s housing market moves through the summer of 2026, the latest data released by the Calgary Real Estate Board for
Price declines driven mostly by apartment condominiums Calgary, Alberta, August 4, 2026 – As we move into the second half of the year, it is not a surprise to see slower market
Apartment prices ease as inventory remains elevatedCalgary, Alberta, June 1, 2026 – In line with seasonal trends, inventory has risen from the start of the year, reaching 6,752 units in
Market Trends differ based on property typeCalgary, Alberta, April 1, 2026 – Supply conditions in March varied significantly depending on property type. Inventory levels saw a typical
Calgary, Alberta, March 2, 2026 – Calgary continued to see market conditions vary by property type in February. The tightest
Slow start for high-density homesCalgary, Alberta, Feb. 2, 2026 – Calgary reported 1,234 sales in January, a year-over-year decline of 15 per cent, but in line
2025 housing market shifted to more balanced conditionsCalgary, Alberta, Jan. 2, 2026 – Following several years of strong price growth, 2025 marked a year of transition;
Conditions remain relatively balanced as we head into the winter months Calgary, Alberta, Dec. 1, 2025 – In line with typical seasonal trends, sales, new listings and inventory
Pace of new listings growth slows, preventing further inventory gains Calgary, Alberta, Nov. 3, 2025 – Inventory levels eased over last month thanks to the combined impact of a
AUGUST 2025 HOUSING MARKET UPDATESeptember 2, 2025Price declines mostly driven by higher density home typesImproving supply choice has changed the dynamics of the Calgary market driving price
JULY 2025 HOUSING MARKET UPDATEAugust 1, 2025Supply growth weighs on home prices Thanks to gains mostly occurring in the newer communities, inventory levels in July were 6,917 units, reaching
JUNE 2025 HOUSING MARKET UPDATEJuly 2, 2025Gains in resale supply mostly impact apartment and row style home pricesInventory levels in June continued to rise, both over last month’s and last
CREB® releases spring 2025 Calgary and region housing market updateCalgary, Alberta, June 23, 2025 — The Calgary Real Estate Board (CREB®) has released its spring 2025
APRIL 2025 HOUSING MARKET UPDATEMay 1, 2025Balanced conditions take pressure off pricesA boost in new listings this month relative to sales caused April inventories to rise to 5,876 units. Although
MARCH 2025 HOUSING MARKET UPDATEApril 1, 2025Uncertainty weighing on housing marketOngoing economic uncertainty, driven by tariff threats, has weighed on consumer confidence and impacted housing
FEBRUARY 2025 HOUSING MARKET UPDATEMarch 3, 2025Sales remain above long-term trends despite declinesInventory levels saw substantial year-over-year growth for the second month in a row, rising by 76
February 2025 Real Estate Market Report: Calgary and AreaAs of February 1, 2025, the Calgary real estate market, along with its neighboring communities of Airdrie, Cochrane, and Okotoks, continues
Calgary market to see sales 20% above long-term trends in 2025: CREB forecastREM Editorial Team | Jan 27, 2025 | 0 commentsCalgary’s housing market will likely maintain its
NOVEMBER 2024 HOUSING MARKET UPDATEDecember 2, 2024 Supply on the rise, but not across all price rangesAs we transition into winter, Calgary's housing market is following typical seasonal,
OCTOBER 2024 HOUSING MARKET UPDATENovember 1, 2024 Supply levels improving for higher-priced homesSales gains for homes priced above $600,000 offset declines at the lower end of the,
SEPTEMBER 2024 HOUSING MARKET UPDATEOctober 1, 2024 New listing growth driven by higher-priced homesRising sales in the upper price ranges were not enough to offset the pullback occurring
AUGUST 2024 HOUSING MARKET UPDATESeptember 3, 2024Calgary housing market sees shiftsHousing activity continues to move away from the extreme sellers’ market conditions experienced throughout
JULY 2024 HOUSING MARKET UPDATEAugust 1, 2024Supply levels improve, taking some pressure off pricesWith the busy spring market behind us, we are starting to see some shifts in supply levels. With 2
MAY 2024 HOUSING MARKET UPDATEJune 3, 2024Calgary home sales remain robust despite supply shortages in lower price rangesIn a market that continues to show resilience, May saw a total of 3,092
APRIL 2024 HOUSING MARKET UPDATEMay 1, 2024Price growth persists in Calgary as seller’s market prevailsSales in April rose by seven per cent compared to last year, to 2,881 units. While the
MARCH 2024 HOUSING MARKET UPDATEApril 1, 2024March reflects strong seller's market and price increasesMarch sales rose to 2,664 units, a 10 per cent year-over-year gain and much higher than long
FEBRUARY 2024 HOUSING MARKET UPDATEMarch 1, 2024Low inventory and high demand drive price gains in FebruaryNew listings continued to rise in February, reaching 2,711 units. However, the rise in new
JANUARY 2024 HOUSING MARKET UPDATEFebruary 1, 2024January sees strong sales fueled by boost in new listingsJanuary sales rose to 1,650 units, a significant gain over last year's levels and long-term
DECEMBER 2023 HOUSING MARKET UPDATEJanuary 2, 2024Strong migration and low supply drive Calgary housing prices in 2023Sales in 2023 did ease relative to last year's peak, but with 27,416 sales,
NOVEMBER 2023 HOUSING MARKET UPDATEDecember 1, 2023Increased listings, strong sales, and price growthNew listings in November reached 2,227 units, nearly 40 per cent higher than the exceptionally
OCTOBER 2023 HOUSING MARKET UPDATENovember 1, 2023Price gains continue in Calgary's real estate market as inventory remains lowOctober sales activity slowed over the last month in alignment with
SEPTEMBER 2023 HOUSING MARKET UPDATEOctober 3, 2023Calgary home sales at record highs in September, yet supply remains a challengeSales reached another record high in September with 2,441 sales.
Aug 16, 2023CREB®'s Q2 2023 Housing Market ReportBy CREB®CREB® has released its Q2 2023 Housing Market Report. The report highlights a dynamic real estate landscape in the City
Aug. 16, 2023 CREB®'s Q2 2023 Housing Market ReportThe Calgary Real Estate Board (CREB®) has released its Q2 2023 Housing Market Report. The report highlights a dynamic real estate
Aug 1, 2023Calgary home prices reach new heights: July sees seventh consecutive monthly gainBy CREB®Rising rates had little impact on sales this month as the 2,647 sales represented a year
Another record-high month for CalgaryThe housing market in Calgary witnessed a surge in apartment condominium sales, setting a new total residential record with 3,146 sales achieved in June.
APRIL 2023 HOUSING MARKET UPDATEMAY 1, 2023Prices reach new record highPersistent sellers’ market conditions placed further upward pressure on home prices in April. After four months of
MARCH HOUSING MARKET UPDATEApril 3, 2023Prices rise as conditions favour the sellerSales and new listings have improved over the levels reported at the beginning of the year. As a result, the spread
FEBRUARY HOUSING MARKET UPDATEMarch 1, 2023Lowest February inventory since 2006Consistent with typical seasonal behavior sales, new listings and inventory levels all trended up compared to last.
Feb 1, 2023Supply of lower-priced homes remains low for JanuaryBy CREB®The level of new listings in January fell to the lowest levels seen since the late 90s. While new listings fell in
JANUARY HOUSING MARKET UPDATEFeb. 1, 2023Supply of lower-priced homes remains low for JanuaryThe level of new listings in January fell to the lowest levels seen since the late 90s. While new
Calgary housing market expected to stabilize in 2023 The Calgary Real Estate Board (CREB®) has released its 2023 Forecast Calgary and Region Yearly Outlook Report. The report, which is
DECEMBER HOUSING MARKET UPDATEJan. 3, 20222022 saw record-high sales and double-digit price growthDecember sales eased, however, slowing sales over the second half of 2022 were not enough to offset
While week over week showings have dwindled these past few weeks, sales remain strong considering the time of year. The first two weeks of December resulted in the third best start to the
Supply levels ease with fewer new listings in AugustCity of Calgary, September 1, 2022 – August sales activity was comparable to the strong levels recorded last year and well above
The complexity of the market continues, and it is vital that clients are educated to the complex and dynamic nature of the market. Alberta ReportAs we move past the
City of Calgary, June 1, 2022 – For the second month in a row, sales activity trended down after all-time record high sales in March. While activity in the market slowed down in May
CREB®’s Q1 2021 Housing Report ReleasedCity of Calgary, April 20, 2021 – For the full report, please download CREB®’s Q1 2021 Calgary & Region Quarterly
The first two months of 2021 rival even the busiest of markets that Alberta has ever experienced! With sales in February rising 56% year over year, and new inventory selling faster than it can
City of Calgary, March 1, 2021 –With gains in every price range, residential sales activity in February totalled 1,836.This reflects the best February since 2014.“Despite continued COVID
You will want to attend this Presentationfrom Can Do More Painting!We all need to hire contractors. Most of us have had both good and bad experiences. How do we minimize risk and find a good
Courtesy of:John Kwong - Your CIR REALTOR® UPCOMING MEMBER EVENTS! CIR REALTY'S Alberta Experience Giveawayeach month is a
January sales signal strong start to 2021City of Calgary, February 1, 2021 –January sales were the highest they have been for the month since 2014, as housing market momentum from the end of
Amidst economic challenges, housing market ends 2020 on a high noteCity of Calgary, January 4, 2021 –With December sales of 1,199, this is the highest December total since 2007."Housing demand
| When you’re getting ready to list your home, it’s of the upmost importance to ensure you are showing it in the best light. Taking time to highlight its strengths and fix up
Mid-year market update: Modest supply reductions may signal shift to balanced housing market by end of yearCity of Calgary, July 22, 2019 – A struggling energy sector continues to
Media release: April brings a slight inventory decline City of Calgary, May 1, 2019 – There have been no significant changes occurring in sales activity, but the number of new
Spring is in the air....even though it's still snowing. The market activity in April has had a noticeable uptick as we are seeing more showing requests, multiple offers, back up offers, and multiple
Market Update We are thankful to see that March was able to shake off the bitter cold Winter blues that February brought to the markets! Spring has sprung and the
March 2019.The effects of Calgary's economic climate continue to create weak sales activity and elevated inventory in the city's housing market. While the market remains oversupplied, slower sales
An evacuation plan is a necessity for every home, especially if you live in an area where fires, earthquakes, hurricanes, flooding, and other disasters are a possibility. Many homeowners create
The story of October continues to be the over supply of inventory which is causing it to be a buyers market across the board. This is a result of new inventory coming onto the market maintaining the
Creating the Ideal Working Relationship with Your AgentIf you're working with a landscaping contractor, you want to develop a good working relationship with that professional, so you can avoid,
Staging is one of those often-overlooked details that can make all the difference when it comes time to sell. According to research conducted by the National Association of Realtors, 49 per
Mid-year market update: economic conditions continue to weigh on housing City of Calgary, Aug. 15, 2018 – Stricter lending criteria, higher rates and a slow economic
Any time of year is a great time to take holidays, whether you’re heading south to escape the winter or taking a summer road trip with the kids. Before you take off, follow these tips so
When you own your home, things are going to break or wear out and, unless you want to spend your money on visits from a neighborhood handyman, you’re going to need to fix some things
Sellers seem to have mixed reactions when they hear the word "staging." Some go all-in, while others are somewhat resistant to the idea. The more reluctant homeowners ask questions like: Why would
Home buyers tend to have a lot of questions about home inspections. Are they required? How are they different from appraisals? When does it take place? Here are answers to these and other common
Buyer's market conditions are present in Calgary currently, as inventory continues to grow and Buyers take longer to make a decision. Under these kinds of conditions, sellers typically have more
3 Reasons to Get Pre-Approved for a Mortgage Loan, Before Entering the Market If you need to use a mortgage loan to finance your home purchase, it would be wise to get pre-approved for a loan
The Home Buying Process: 7 Steps to Success Home buyers tend to have a lot of questions about the house hunting and buying process. This is particularly true for first-time buyers who have never
Why Pricing Is So Important When Selling a Home Do you plan to sell a home in 2018? If so, it's time to start thinking about your asking price. Better yet, you could work with an experienced real
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Last Update: September 24, 2026 6:38 PM UT
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2026 All rights reserved.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.