News

CREB Housing Statistics - Dec 2024

Posted on Jan 03, 2025 in News 2% Realty Calgary


2024 marks another strong year for sales and price growth

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 sales in 2024 were just shy of last year’s levels, as gains for higher-priced homes offset pullbacks in the lower price ranges caused by supply ch...

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CREB Housing Statistics - Nov 2024

Posted on Dec 02, 2024 in News 2% Realty Calgary


Supply on the rise, but not across all price ranges

As we transition into winter, Calgary's housing market is following typical seasonal trends, with activity slowing compared to the fall. However, year-over-year demand remains relatively strong. In November, increased sales in detached, semi-detached, and row homes offset a decline in apartment con...

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CREB Housing Statistics - Oct 2024

Posted on Nov 01, 2024 in News 2% Realty Calgary



Supply levels improving for higher-priced homes

Sales gains for homes priced above $600,000 offset declines at the lower end of the market, resulting in October sales that were similar to last year. The 2,174 sales in October increased over September and stood 24 per cent above long-term trends for the month.“Housing demand has stayed relatively str...

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CREB Housing Statistics - Sept 2024

Posted on Oct 01, 2024 in News 2% Realty Calgary



New listing growth driven by higher-priced homes

Rising sales in the upper price ranges were not enough to offset the pullback occurring in the lower price ranges, as sales in September were 2,003, 17 per cent below last year's record high. Despite the decline, sales this month were still over 16 per cent higher than levels traditionally achieved in...

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CREB Housing Statistics - Aug 2024

Posted on Sep 10, 2024 in News 2% Realty Calgary



Calgary housing market sees shifts

Housing activity continues to move away from the extreme sellers’ market conditions experienced throughout the spring. Easing sales, combined with gains in supply, pushed the months of supply above two months in August, a level not seen since the end of 2022.

“As expected, rising new home construction and gains in n...

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CREB Housing Statistics - July 2024

Posted on Aug 07, 2024 in News 2% Realty Calgary



Supply levels improve, taking some pressure off prices

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 per cent, supporting a gain in inventory. Inventories rose to 4,158 units, still 33 per cent below what we typically see...

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KEVIN BEUTLER

2 Percent Realty

#400-909 17 Ave SW  Calgary,  AB  T2T 0A4 

Phone: (403) 681-1324

kevin.beutler@2percentrealty.ca