Calgary Real Estate - Lisa Merrett - CALGARY HOUSING MARKET STATISTICS

Lisa Merrett
Real Estate Professionals
202, 5403 Crowchild Trail NW, Calgary, Alberta
P: 403-998-0649 F: 403.476.5477
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Wednesday, March 1, 2017 - A transition in the making

Detached sales activity boosts February housing market Feb. 2017 City of Calgary, March 1, 2017 ? After the first two months of the year, Calgary?s detached sector continues to drive a slow transition in the housing market. February sales totaled 1,342 units, which is still 19 per cent below long-term averages, but an improvement over the past two years. As sales kept trending upward, detached inventory levels continued to ease in February. These conditions caused months of supply to fall to ... Full Article...

posted in CALGARY HOUSING MARKET STATISTICS at Wed, 01 Mar 2017 13:36:35 -0700

Tuesday, November 3, 2015 - Prices decline for the second consecutive month

Sales activity remains well below long-term averages Calgary, Nov. 2, 2015 - Elevated inventory levels in October contributed to a second consecutive month of prices declines in Calgary?s resale residential housing market. Benchmark prices declined 0.7 per cent from the previous month, and 1.2 per cent from the same time last year, to $453,100. "Persistent weakness in the overall economy continued to impact housing demand in Calgary as October sales were nearly 16 per cent below long-term ...

posted in CALGARY HOUSING MARKET STATISTICS at Tue, 03 Nov 2015 15:01:25 -0700

Friday, October 2, 2015 - Prices Ease as Expected

Inventories rise as sales activity softens further Calgary, October 1, 2015 - Following four months of relative stability, unadjusted benchmark prices eased as expected in September to $456,100, a 0.26 per cent decline compared with last year. Most of this aggregate moderation was due to price declines in the apartment sector brought on by higher-than-average inventory levels. "Overall sales activity relative to new listings caused a softening in absorption rates, which resulted in inventory ... Full Article...

posted in CALGARY HOUSING MARKET STATISTICS at Fri, 02 Oct 2015 12:06:54 -0600

Tuesday, May 12, 2015 - New Listings Decline as Home Prices Ease

Improved sales to new listings ratio reduces inventory gains Calgary, May 1, 2015 - After the fifth consecutive monthly benchmark price decline in Calgary, the number of new home listings eased to 3,064 units in April, an 18 per cent decrease over the previous year. "With fewer buyers making purchase decisions and improved selection for resale, new home and rental property, sellers have been either adjusting their expectations on price or delaying their plans about when to list their home," ... Full Article...

posted in CALGARY HOUSING MARKET STATISTICS at Tue, 12 May 2015 13:13:39 -0600

Tuesday, August 5, 2014 - Market moves toward balanced conditions

Growth in new listings outpace sales growth in July, supporting double-digit inventory gains Calgary, August 1, 2014 ? Residential sales this month totaled 2,336 units, a record level for July activity. However, year-over-year sales growth slowed to 3.18 per cent. "While July?s sales growth seems like a dramatic departure from the double-digit gains recorded in the first half of this year, it is in comparison to exceptionally strong sales during the same period last year," said CREB® chief ...

posted in CALGARY HOUSING MARKET STATISTICS at Tue, 05 Aug 2014 14:31:44 -0600

Wednesday, April 2, 2014 - CONDITIONS CONTINUE TO FAVOUR THE SELLER

New listings remain below expectations in the single family sector Calgary, April 1, 2014 ? Residential sales activity improved across all sectors in March. However, declining new listings in the single family sector combined with further gains in sales activity decreased single family inventory to the lowest March level since 2006. "There are several factors contributing to the growth in housing demand, including the inflow of people to our province over the past two years, strong gains in ... Full Article...

posted in CALGARY HOUSING MARKET STATISTICS at Wed, 02 Apr 2014 10:50:56 -0600

Monday, March 3, 2014 - Lack of choice in single family sector impacts sale growth.

Sales growth boosted by condominium activity Lack of choice in single family sector impacts sale growth. Calgary, March 3, 2014 ? Following double digit gains last month, sales growth in the city of Calgary totaled 1,854 units, or an 8.68 per cent increase over the same period in 2013. Slower sales growth resulted in a reduction of listings in the single family sector. However, single family sales still totalled 1,230 units, a 1.9 per cent increase over the previous year. ?Demand growth in the ... Full Article...

posted in CALGARY HOUSING MARKET STATISTICS at Mon, 03 Mar 2014 17:02:10 -0700

Monday, December 2, 2013 - Sales growth boosted by rise in new listings

~~Fifth consecutive month of double-digit trend ~~Calgary, Dec. 2, 2013 ? City residential sales totaled 1,730 units in November, a 19 per cent increase in sales volume over the previous year. Following another month of strong activity, year-to-date sales totaled 22,322 units, 11 per cent higher than long-term trends. CREB® President Becky Walters said it appears that several factors are motivating buyers. ?Many first-time homebuyers appear to be moving now to get ahead of any further ...

posted in CALGARY HOUSING MARKET STATISTICS at Mon, 02 Dec 2013 21:39:08 -0700

Sunday, November 3, 2013 - Price Gains Encourage New Listings Growth

Calgary, Nov. 1, 2013 ? Residential sales activity totaled 1,953 units in October, an 18 per cent rise over 2012 and pushing year-to-date volume increases to just over 10 per cent. However, on a year-to-date basis, city wide sales remain far below transactions levels recorded throughout 2005 ? 2007. ?Some people have noticed that properties are selling quicker, and at times above list,? said Becky Walters, CREB® president.?But, in spite of very positive signs, we are not seeing a repeat of ...

posted in CALGARY HOUSING MARKET STATISTICS at Sun, 03 Nov 2013 10:13:56 -0700

Wednesday, June 5, 2013 - City Home Sales Hold Momentum

Prices rise as resale market continues to favour sellers Calgary, June 3, 2013 ? City of Calgary residential monthly sales improved over the previous year, mostly driven by increased demand in the condominium market. Sales activity in all categories totalled 2,544 units for the month, a seven per cent increase over May 2012 figures. ?We?re back to normal levels of activity,? said Becky Walters, president of CREB®?s board of directors. ?Last spring was the first time since the recession that we ... Full Article...

posted in CALGARY HOUSING MARKET STATISTICS at Wed, 05 Jun 2013 11:52:23 -0600

Monday, April 8, 2013 - TIGHTENED HOUSING SUPPLY CURBS SALES VOLUME

First quarter sales improve in condominium market, while declining in single family sector Calgary, April 2, 2013 ?The inventory of active homes for sale in Calgary are the lowest March levels in more than five years. The decline in new listings hampered resale sales growth, which declined by more than two per cent in March compared to March 2012. New listings in March are five per cent lower than levels recorded in 2012, and five per cent lower after the first quarter. The overall active ...

posted in CALGARY HOUSING MARKET STATISTICS at Mon, 08 Apr 2013 20:43:51 -0600

Tuesday, March 5, 2013 - Calgary's resale condominium market shows signs of life

Double digit year-over-year condominium sales growth Calgary, March. 1, 2013 ? Total residential sales for the month of February 2013 totaled 1,711 units, a one per cent decline over the previous year. Accounting for the leap year in 2012, activity in the single family market resembles last year?s activity. However, even with one less day in the February 2013 figures, condominium sales have made significant gains increasing by 13 per cent relative to February 2012. Year-over-year single family ... Full Article...

posted in CALGARY HOUSING MARKET STATISTICS at Tue, 05 Mar 2013 10:16:35 -0700

Thursday, November 8, 2012 - CALGARY HOUSING MARKET DOES NOT SHOW SIGNS OF SLOWING

Year-over-year sales growth remains in double digit territory Calgary, November 1, 2012 ? City of Calgary sales activity marked a 23-per-cent increase over levels recorded in October 2011. The continued improvement in sales has pushed year-to-date sales activity to nearly 16-per-cent above levels recorded in 2011. ?Relative to national trends, we continue to move in the opposite direction, recording both sales and price growth,? said CREB® President Bob Jablonski. ?However, despite the higher ... Full Article...

posted in CALGARY HOUSING MARKET STATISTICS at Thu, 08 Nov 2012 14:12:44 -0700

Thursday, September 6, 2012 - CITY GROWTH SLOWS WHILE TOWN SALES CONTINUE TO SOAR

CITY GROWTH SLOWS WHILE TOWN SALES CONTINUE TO SOAR Residential sales in the city and surrounding towns record respective gains of 10 and 42 per cent Calgary, September 4, 2012 ? Following several months of CREB® TOWNS YTD TOTAL SALES higher than expected sales growth, Calgary residential sales in August totaled 1,725 units, a 10-per-cent increase over last year. ?While the sales growth remains strong, it is slower than previous five months in part due to the lack of new listings in the ...

posted in CALGARY HOUSING MARKET STATISTICS at Thu, 06 Sep 2012 10:48:29 -0600

Thursday, August 2, 2012 - Calgary Bucks National Trend

Double digit year-over-year sales growth demonstrates differences between city and national trendsCalgary, August 1, 2012 ? Calgary continues to buck national housing sale trends. The 1,936 residential units sold in July represent a 21.3-per-cent increase over 2011. ?Recent mortgage rule changes prompted much discussion of a national housing correction. While the two largest cities (Vancouver and Toronto) have started to witness declines in home sales activity, Calgary continues to record ...

posted in CALGARY HOUSING MARKET STATISTICS at Thu, 02 Aug 2012 14:44:36 -0600

Wednesday, July 4, 2012 - Sales Activity Trending Towards Long-Term Stability

CALGARY REAL ESTATE MARKET AS EXPECTEDSales activity trending towards long-term stability Calgary, July 3, 2012 ? Residential sales in the City of Calgary totaled 11,752 for the first half of this year, a 16-per-cent increase over the same period last year. The rise in sales has brought activity levels closer to long-term trends in the city. ?Recent mortgage rule changes may dampen some of the gains in the resale market,? says Ann-Marie Lurie, CREB®?s chief economist. ?But this is not expected ... Full Article...

posted in CALGARY HOUSING MARKET STATISTICS at Wed, 04 Jul 2012 12:25:46 -0600

Wednesday, June 6, 2012 - ACTIVE SPRING MARKET IN THE CALGARY REGION

Low supply in the single-family market boosting activity across all sectors Calgary, June 1, 2012 ? May 2012 residential sales in the City of Calgary increased by 31.8 per cent over last year, to 2,385, making it the highest May activity since the recession. ?In the past month, easing concerns regarding Calgary?s long- term economic prospects combined with continued fulltime job growth and low interest rates, has contributed to the rise in housing demand, pushing sales to levels more ...

posted in CALGARY HOUSING MARKET STATISTICS at Wed, 06 Jun 2012 10:40:47 -0600

Tuesday, May 1, 2012 - A RETURN TO TYPICAL SALES ACTIVITY IN THE CALGARY REGION

Improved activity across all sectors Calgary, May 1, 2012 ? For the month of April 2012, year-over year sales activity improved across all sectors in the city. Calgary residential sales total 2,200 for the month, a 26 percent increase over levels recorded last year. ?The growth in full-time employment, combined with improving migration levels, is translating into improved demand for housing,? says Ann-Marie Lurie, CREB® chief economist. ?While sales growth does seem exceptionally strong, it is ... Full Article...

posted in CALGARY HOUSING MARKET STATISTICS at Tue, 01 May 2012 19:50:54 -0600

Monday, April 9, 2012 - SINGLE FAMILY LEADS CALGARY HOUSING GROWTH

New listings at a good price generating a lot of activity Calgary, April 2, 2012 ? City of Calgary residential sales continued to rise in March 2012, reaching 2,167 units, an increase of 12.6 percent over last March. ?The rise in activity is related to the continued improvement of our economy and consumer confidence, as some concerns regarding the global economy have eased,? says Ann-Marie Lurie, CREB® chief economist. After the first quarter of 2012, sales are up by 7.3 per cent over the same ... Full Article...

posted in CALGARY HOUSING MARKET STATISTICS at Mon, 09 Apr 2012 10:08:40 -0600

Wednesday, March 7, 2012 - CALGARY REGIONAL HOUSING MARKET STATISTICS

SALES ACTIVITY ON THE RISE THROUGHOUT THE CALGARY REGION Improved activity in the last week of the month boosted city sales Calgary, March 1, 2012 ? Sales activity improved across all INDEX VALUE COMPARISON residential sectors this month compared to a year ago, according to CREB® data released today. Calgary and area sales growth pushed February total residential activity up by 11.6 per cent compared February 2011, mainly due to increased activity in the surrounding towns. ?City sales were ...

posted in CALGARY HOUSING MARKET STATISTICS at Wed, 07 Mar 2012 14:58:52 -0700

Wednesday, February 1, 2012 - Jan 2012 Calgary Regional Housing Market Statistics

Typical January for Calgary Real Estate The housing market pointing towards price stability Calgary, February 1, 2012 ? Home sales in the City of Calgary are off to a slow start as buyers show continuing caution, according to figures released today by CREB®. ?Overall, the market is behaving as expected for the winter season,? says Bob Jablonski, president of CREB®. The year-over-year volume of residential sales in the City of Calgary dropped, but the inventory of available homes declined even ... Full Article...

posted in CALGARY HOUSING MARKET STATISTICS at Wed, 01 Feb 2012 13:51:42 -0700

Tuesday, January 3, 2012 - calgary regional housing market statistics

Year-end figures demonstrate stable growth 2011 a year of steady improvement for the housing market Calgary, January 3, 2012 ? According to figures released today by CREB® (Calgary Real Estate Board), Calgary residential sales in 2011 increased eight per cent over last year, with 18,568 sales for 2011 compared to 17,267 in 2010. Recovering from tepid sales activity in the first half of 2011, early improvements in employment and migration resulted in a pickup in housing demand in the second ... Full Article...

posted in CALGARY HOUSING MARKET STATISTICS at Tue, 03 Jan 2012 12:49:12 -0700

Wednesday, December 7, 2011 - Calgary Statistics for November 2011

Calgary Housing Sales Trending UpStable Pricing Providing Opportunities for Buyers Calgary, December 1, 2011 ? According to figures released today by CREB® (Calgary Real Estate Board), Calgary residential sales in November increased eight per cent over last year, at 17,538 after the first 11 months of the year. While sales activity tends to taper off in the winter months, so far this year Calgary area sales remain significantly stronger than levels recorded last year. Single family home sales ... Full Article...

posted in CALGARY HOUSING MARKET STATISTICS at Wed, 07 Dec 2011 11:43:30 -0700

Thursday, November 3, 2011 - Calgary's Housing Market Set to Outpace 2010

Calgary?s Housing Market Set to Outpace 2010 Several Calgary Communities Get a Boost in Sales and Price Calgary, November 1, 2011 ? According to figures released today by CREB® (Calgary Real Estate Board), Calgary residential sales totaled 16,184 after the first 10 months of the year, an increase of eight per cent over last year. Over 61 per cent of Calgary?s established communities saw increased sales levels compared to last year. Garrison Woods, Collingwood and Mahogany saw the largest sales ... Full Article...

posted in CALGARY HOUSING MARKET STATISTICS at Thu, 03 Nov 2011 14:00:49 -0600

Tuesday, October 4, 2011 - HOMEBUYERS CONFIDENCE HOLDS STEADY DESPITE GLOBAL TURMOIL

Sales gain momentum in the first three quarters of 2011 Calgary, October 3, 2011 ? According to figures released today by CREB® (Calgary Real Estate Board), residential sales continued to gain momentum in Calgary this year, totaling 14,832 after the first three quarters, a seven percent per cent rise over last year. ?Despite recent turmoil in the global economy, Calgarians are showing confidence in the long term prospects for the city and are taking advantage of affordable and stable home ...

posted in CALGARY HOUSING MARKET STATISTICS at Tue, 04 Oct 2011 12:49:55 -0600