Friday, September 17, 2021

By the Numbers

August 2021: market continues shift toward more balanced conditions after torrid...

Citywide sales in August reached 2,151 units, 37 per cent higher than last year and 25 per cent higher than long-term trends. Sales have...

CREA report highlights underappreciated benefits of homeownership

It’s no surprise that homeownership can create significant financial benefits over time. What’s often overlooked is the value of the non-financial advantages – to...

June 2021: Supply trends up but market still favours the seller

Calgary’s housing market is showing few signs of letting up, as sales reached 2,915 units in June – a record high for the month. “It...

Calgary rental market struggles with high vacancy, but improvement is on...

The COVID-19 vaccine rollout, a rosier economy and the opening of post-secondary institutions to in-person classes could all improve Calgary’s residential rental vacancy rate...

Latest stress test changes reduce buying power, impact first-time and move-up...

Recent changes to the mortgage stress test designed to cool down hot housing markets across the country may make it more difficult for some...

May 2021: inventory rises, but sellers’ market conditions persist

With 2,989 sales, housing market activity hit a new May record. Despite strong levels of sales, they did trend down relative to last month. Additionally,...