Tagged : Calgary Real Estate Market

Found 28 blog entries tagged as "Calgary Real Estate Market".

December 2016 Calgary Luxury Homes Market Still Strong!

1.  There were more Calgary homes over $1 million sold in December 2016 than in December 2015:  35 versus 29. These included detached, attached and apartment homes.

2.  The median price of all Calgary homes sold over $1 million was $1,450,000 in December 2016 and $1,412,500 in December 2015. This is a direct result of more homes being sold above $1,500,000 in December 2016.

 

Calgary luxury home sales increased in 2016 compared to 2015 - 609 versus 512 homes sold, up 19%. The biggest percentage change occurred in the $2,000,000 to $2,499,999 price category at 73% - from 22 to 38 sales. This is a good sign. However, overall Calgary luxury real estate prices were lower in 2016, as most

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Calgary Luxury Homes Market Highlights - June 2016 

1.  There were slightly more Calgary homes over $1 million sold in June this year than June 2015:  78 versus 76. These included detached, attached and apartment homes.

2.  The median price of all Calgary homes sold over $1 million was not the same for both years: $1,262,500 in June 2016 and $1,216,100 in June 2015. It hit a low of $1,205,000 in October 2015. This is a direct result of more homes being sold in June 2016 in the $1,000,000 to $1,499,999 categories!

 

Sales of Calgary luxury homes in June 2016 were up slightly by 2.6% compared to a year ago - confirming that the previous declining and flat market has become more active again. Overall Calgary luxury real estate prices have not

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Calgary Real Estate Prices Down Slightly in June 

by CREB® on July 04, 2016  

Calgary home prices continue to slide in most areas of the market, but not at the rate that many might expect. This is partly due to June’s resiliency in the detached and semi-detached sectors of the market, where sales compared to new listings and standing inventory started returning to more balanced levels.

Calgary Home Prices Down Slightly in June 2016“The detached Calgary Real Estate market has been gradually moving towards more balanced conditions, helping to prevent price levels from declining at the faster rates we saw in the previous two quarters,” said CREB® chief economist Ann-Marie Lurie. “While this is welcomed news for sellers, it’s very likely that pricing challenges will persist in the Calgary

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Calgary Home Prices Down 3.4%, Higher Inventory Levels and Less Sales

The Calgary Real Estate Board’s (CREB®) April 2016 Calgary Regional Housing Market Statistics for the City of Calgary confirmed that the Benchmark Price for Total Residential (detached, attached & apartment homes) dropped 3.4% to $441,000 from $456,700 in April 2015 and from $442,800 in March 2016. The most recent high Benchmark Prices of $459,300 in August and September 2015, as well as $462,400 in January 2015, indicate a slow decline in 2016 market prices with no major market correction taking place. 

CREB® reported that slower sales, combined with rising inventories in the apartment and attached housing categories, ensured that market conditions continue to favour buyers in

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October 2015 Market Highlights for Calgary Luxury Homes

1.  There were fewer Calgary homes over $1 million sold in October this year than October 2014:  exactly half - 32 versus 64. These included detached, attached and apartment homes.

2.  The median price of all Calgary homes sold over $1 million was not the same for both years: $1,205,000 in October 2015 and $1,300,000 in October 2014. This is a direct result of more homes being sold in October 2015 in the $1,000,000 to $2,499,999 category than all of the other price categories combined!

 

Sales of Calgary luxury homes in October 2015 were down almost 40% compared to a year ago - confirming a slower market. Overall Calgary luxury real estate prices have still not drastically dropped as

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Dear Friends,

October is one of the most vibrant, breathtaking and festive months in Alberta.  The colour of the leaves, the way the air feels and the sun shines in the afternoon, and the hustle and bustle of harvest, Thanksgiving and Halloween. 

While you enjoy these last weeks before winter sets in, try to take in as many local festivities you can – we’ve listed a few below – but don’t forget to get your home prepared for the coming months.  We’ve provided a checklist of the little things you can do now to save time and money later.  There’s also a summary of how the local housing market has faired this past year – something to keep in mind as we close in on the end of 2015 and the surge of activity before the holidays.

If you,

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Calgary Home Prices Unchanged Despite Higher Inventory Levels and Lower Sales

The Calgary Real Estate Board’s (CREB®) September 2015 Calgary Regional Housing Market Statistics for the City of Calgary confirmed that the Benchmark Price for Total Residential (detached, attached & apartment homes) dropped to $456,100 from $456,300 the previous month and $457,300 in September 2014. The most recent high Benchmark Prices of $459,900, in November 2014 and $459,100 in January 2015, continue to reinforce overall balanced market conditions and that no market crash is imminent. Even the median price has remained relatively stable over the past year and now sits at $425,000 - exactly the same as in September 2014. Continued job losses and unfavourable economic

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Calgary Real Estate Market Report for June 2015


The June 2015 Calgary Regional Housing Market Statistics confirmed that Calgary home prices have indeed stabilized and the Calgary real estate market between buyers and sellers has returned to balanced territory.

The most recent figures released by the Calgary Real Estate Board (CREB®) revealed a decline of 17.8% in the year-over-year Calgary home sales to 2,183 units for June 2015 compared to June 2014. Despite the drop, this is only 5% lower than the 10-year average for June and is in fact higher than some of the years since 2008. See the chart below for more details.


Calgary Real Estate Board - Calgary Home Prices - June Sales


For the month of June, the level of new real estate listings was still high at 3,122 units, but because of the increased absorption

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April 2015 Market Highlights for Calgary Luxury Homes

1.  Less Calgary homes over $1 million sold in April this year than April 2014:  53 versus 78. These included detached, attached and apartment homes.

2.  The median price of all Calgary homes sold over $1 million remained fairly stable for both years: $1,275,000 in April 2015 and $1,258,000 in April 2014.

 

Sales of Calgary luxury homes in April 2015 were down 32% compared to a year ago. Calgary luxury real estate prices did not plummet as reported by the media at the beginning of the year.  The median price in 2015 is actually up slightly.  What is behind this?

 

The Calgary Real Estate Board (CREB®) monthly housing statistics for April 2015 shows the breakdown of sales for all

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The Calgary Real Estate Board’s (CREB®) April 2015 Calgary Regional Housing Market Statistics for the City of Calgary confirmed that the Benchmark Price for Total Residential (detached, attached & apartment homes) dropped to $451,600 from the most recent high of $459,900, in November 2014 and $459,100 in January 2015. The April 2014 Benchmark Price for all Calgary real estate was $443,400 still putting April 2015 at 1.85% higher than a year ago. Even the median price has remained fairly stable over the past year and sits at $419,000 in April 2015. Where's the market crash that the media was so keen on reporting in January and February of this year?

City of Calgary Real Estate Market Facts for April 2015:

New Listings were down 18%  - to 3,064 from

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