call or text anytime:  403-604-0038                   grantsmith@remax.net

Calgary Market Report Infographics

Monday, November 16, 2020 11:57:43 AM UTC
INFOGRAPHICS: October 2020 CREB City And Region Market Reports
INFOGRAPHICS: October 2020 CREB City And Region Market Reports

Detached homes drive Calgary sales growth

With strong gains in the detached sector, October sales in the city reached 1,764 units. This is a 23% increase over last year and well above longer-term averages.

The gain in citywide residential sales outpaced the growth in new listings, supporting tighter market conditions and improving prices.

Improving sales over the past four months were not enough to offset the pullbacks in the second quarter, leaving year-to-date sales nearly 6% below last year’s levels.

Read the full report on the CREB website.

 


 

The following data is a comparison between October 2019 and October 2020 numbers, and is current as of November 2020. For last month’s numbers, check out our previous infographic.

Or follow this link for all our CREB Infographics!

Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – October 2020 CREB, City of Calgary Report
Download Printable Version – October 2020 CREB, Calgary Region Report

 

 

 

 

Read Full Article...
INFOGRAPHICS: September 2020 CREB City And Region Market Reports
INFOGRAPHICS: September 2020 CREB City And Region Market Reports

September sales activity jumped to 1,702 units, the strongest September total since 2014.

New listings in September improved over last month, but levels remained comparable to the previous year. The increase in sales relative to new listings did prevent any monthly gains in inventory levels, but supply in the market is still down 12 per cent compared to last year.

Read the full report on the CREB website!

 


 

The following data is a comparison between September 2019 and September 2020 numbers, and is current as of October 2020. For last month’s numbers, check out our previous infographic.

Or follow this link for all our CREB Infographics!

Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – September 2020 CREB, City of Calgary Report
Download Printable Version – September 2020 CREB, Calgary Region Report

 

 

 

 

Read Full Article...
INFOGRAPHICS: August 2020 CREB City And Region Market Reports
INFOGRAPHICS: August 2020 CREB City And Region Market Reports

August 2020: home sales consistent, but COVID-19 impacts continue

Total residential sales in August were relatively stable compared to last year with year-over-year gains in the detached and row sectors.

These gains offset declines in the apartment and semi-detached sectors.

The 1,573 sales recorded in August are consistent with levels over the past five years. Year-to-date sales activity remains nearly 13 per cent below last year.

Read the full report on the CREB website!

 


 

The following data is a comparison between August 2019 and August 2020 numbers, and is current as of September 2020. For last month’s numbers, check out our previous infographic.

Or follow this link for all our CREB Infographics!

Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – August 2020 CREB, City of Calgary Report
Download Printable Version – August 2020 CREB, Calgary Region Report

 

 

 

 

Read Full Article...
INFOGRAPHICS: July 2020 CREB City And Region Market Reports
INFOGRAPHICS: July 2020 CREB City And Region Market Reports

July 2020: Detached and semi-detached home sales rise, but economic uncertainty remains

With higher sales for both detached and semi-detached product, July sales totals rose above last year’s levels. Despite the improvements in July, year-to-date sales remain 15% lower than last year’s levels.

COVID-19 shutdowns occurred over the traditionally busiest quarter for real estate sales. Some of the recent gains reflect activity that would have occurred in those months shifting into July. Some demand is returning to the market, but so is the supply.

Inventory levels trended up over the previous month, offsetting some of the sales growth. Higher-density row and apartment products have supply/demand ratios that are well above traditional levels.

Read the full report on the CREB website!

 


 

The following data is a comparison between July 2019 and July 2020 numbers, and is current as of August 2020. For last month’s numbers, check out our previous infographic.

Or follow this link for all our CREB Infographics!

 

Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – July 2020 CREB, City of Calgary Report
Download Printable Version – July 2020 CREB, Calgary Region Report

 

 

 

 

Read Full Article...
INFOGRAPHICS: June 2020 CREB City And Region Market Reports
INFOGRAPHICS: June 2020 CREB City And Region Market Reports

Sales decline by 2% from last year amidst COVID-19 pandemic

After three months where COVID-19 weighed heavily on the housing market, sales activity in June continued to trend up from the previous month, totalling 1,747 units.

Caution remains necessary, as monthly sales are nearly 2% lower than activity recorded last year. However, this represents a significant improvement compared to the past several months, where year-over-year declines exceeded 40%.

Read the full report on the CREB website!

 


 

The following data is a comparison between June 2019 and June 2020 numbers, and is current as of July 2020. For last month’s numbers, check out our previous infographic.

Or follow this link for all our CREB Infographics!

 

Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – June 2020 CREB, City of Calgary Report
Download Printable Version – June 2020 CREB, Calgary Region Report

 

 

 

 

Read Full Article...
INFOGRAPHICS: May 2020 CREB City And Region Market Reports
INFOGRAPHICS: May 2020 CREB City And Region Market Reports

COVID-19’s impact on Calgary housing market continues.

Housing market activity in May remained slow, but sales exceeded the lows from April, which saw less than 600 sales in Calgary.

May sales totalled 1,080 units, a 44% decline from last year’s figures. Sales are down in all price ranges, but a greater share of sales are priced below $500,000.

In the higher price ranges the drop in inventory has not been enough compared to the drop in sales. Additionally, the months of supply is far higher than the already elevated levels seen during the past five years. The shift in sales toward lower-priced product is contributing to steep average price declines in the Calgary market.

Read the full report on the CREB website.

 


 

The following data is a comparison between May 2019 and May 2020 numbers, and is current as of June 2020. For last month’s numbers, check out our previous infographic.

Or follow this link for all our CREB Infographics!

 

Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – May 2020 CREB, City of Calgary Report
Download Printable Version – May 2020 CREB, Calgary Region Report

 

 

 

Read Full Article...
INFOGRAPHICS: April 2020 CREB City And Region Market Reports
INFOGRAPHICS: April 2020 CREB City And Region Market Reports

Calgary real estate market feeling impact of the pandemic. After the first full month with social distancing measures in place, the housing market is adjusting to the effects of COVID-19.

April sales hit 573 units, a decline of 63% over last year. Sales activity eased across all price ranges, but the largest declines were for homes priced above $600,000.

New listings this month totalled 1,425 units, a decline of 54% compared to last year. Inventories also declined, but with 5,565 units available, they remained high enough to push the months of supply above nine months.

Read the full report over at the CREB website.

 


 

The following data is a comparison between April 2019 and April 2020 numbers, and is current as of May 2020. For last month’s numbers, check out our previous infographic.

Or follow this link for all our CREB Infographics!

 

Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

Download Printable Version – April 2020 CREB, City of Calgary Report
Download Printable Version – April 2020 CREB, Calgary Region Report

 

 

 

 

Read Full Article...
INFOGRAPHICS: March 2020 CREB City And Region Market Reports
INFOGRAPHICS: March 2020 CREB City And Region Market Reports

These are challenging times, and we hope that everyone is healthy and well. For now, here are the latest housing market updates for areas covered by the Calgary Real Estate Board (CREB)!

As noted in their latest market report, after a strong start to 2020, economic conditions have dramatically changed, as COVID-19 is impacting all aspects of society.

The economic impact is starting to be felt across many industries. This includes the housing market.

March sales activity started the month strong, but quickly changed, as concerns regarding the spread of COVID-19 brought about social distancing measures. This had a heavy impact on businesses and employment.

By the end of March, sales activity had fallen 11% compared to last year. This is 37% lower than long-term averages. The drop in sales pushed March levels to the lowest recorded since 1995.

New listings dropped by 19% this month. This decline in new listings compared to sales caused supply levels to ease and helped prevent a larger increase in oversupply. Overall, the months of supply remain just below five months, similar to levels recorded last year.

Prices were already forecasted to ease this year due to oversupply in our market. In March, the citywide benchmark price was $417,400. This is nearly 1% lower than last year’s levels. The reduction in both sales and new listings should help prevent significant price declines in our market.

However, price declines will likely be higher than originally expected due to the combined impact of the pandemic and energy sector crisis.

As noted by CREB® chief economist Ann-Marie Lurie,

“This is an unprecedented time with a significant amount of uncertainty coming from both the wide impact of the pandemic and dramatic shift in the energy sector. It is not a surprise to see these concerns also weigh on the housing market.

The impact on the housing market will likely persist over the next several quarters. However, measures put in place by the government to help support homeowners through this time of job and income loss will help prevent more significant impacts in the housing market.”

 


 

The following data is a comparison between March 2019 and March 2020 numbers, and is current as of April 2020. For last month’s numbers, check out our previous infographic.

Or follow this link for all our CREB Infographics!

Click on the images for a larger view!

(Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – March 2020 CREB, City of Calgary Report
Download Printable Version – March 2020 CREB, Calgary Region Report

 

 

 

 

(Image Source: CREBnow.com)

 

 

 

 

Read Full Article...
INFOGRAPHICS: February 2020 CREB City And Region Market Reports
INFOGRAPHICS: February 2020 CREB City And Region Market Reports

We are now steadily moving into the month of March, and here are the latest housing market updates for areas covered by the Calgary Real Estate Board (CREB)!

According to CREB’s latest media release, home sales see a bump and February saw a double-digit gain in sales, but last February was one of the slowest levels of activity since the late ’90s.

With the extra day this February, monthly sales totaled 1,197 units. A combination of these two factors resulted in a 23% improvement over last year, but sales remain well below longer-term trends and consistent with the lower levels reported over the past five years.

As noted by CREB chief economist Ann-Marie Lurie,

“However, this should not diminish the fact that conditions are still improving.

Calgary is continuing to see slow reductions in the amount of oversupply in the market, from modest changes in demand and reductions in supply. This needs to occur before we can see more stability in prices.”

The overall unadjusted benchmark price was $416,900 in February. This is similar to last month, but nearly 1% below last year’s levels. Overall, prices remain nearly 11% below the monthly high recorded in 2014.

 


 

The following data is a comparison between February 2019 and February 2020 numbers, and is current as of March 2020. For last month’s numbers, check out our previous infographic.

Or follow this link for all our CREB Infographics!

Click on the images for a larger view!

(Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – February 2020 CREB, City of Calgary Report
Download Printable Version – February 2020 CREB, Calgary Region Report

 

 

 

 

(Image Source: CREBnow.com)

 

 

 

 

Read Full Article...
INFOGRAPHICS: January 2020 CREB City And Region Market Reports
INFOGRAPHICS: January 2020 CREB City And Region Market Reports

Here are the latest housing market updates for areas covered by the Calgary Real Estate Board (CREB)!

In their most recent market update, CREB reports that housing market conditions continue to follow similar trends to last year, with gains in sales.

At the same time, there have been further reductions in new listings, inventory and more declines in prices.

January sales activity was 863 units, nearly 8% higher than last year’s levels. While sales remained well below January activity recorded before 2014, they remain consistent with activity recorded over the past five years.

Citywide unadjusted benchmark prices were $417,100 in January. This is slightly lower than the previous month and nearly 1% lower than last year’s levels.

Benchmark prices eased, but there were some modest improvements in both the average and median prices. This is likely a reflection of some changes in the distribution of sales.

AS per CREB® chief economist Ann-Marie Lurie,

 

“A persistent slowdown in the energy sector has resulted in a reset in many aspects of our economy. This includes the housing market. We continue to see the slow adjustment to more balanced conditions, but it will take time before that starts to translate into price stability.”

 


 

The following data is a comparison between January 2019 and January 2020 numbers, and is current as of February 2020. For last month’s numbers, check out our previous infographic.

Or follow this link for all our CREB Infographics!

Click on the images for a larger view!

(Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )

 

Download Printable Version – January 2020 CREB, City of Calgary Report
Download Printable Version – January 2020 CREB, Calgary Region Report

 

 

 

 

(Image Source: CREBnow.com)

 

 

 

Read Full Article...
Grant Smith
cell: 403-604-0038
Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
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.
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. Used under license.