By the Numbers

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,...

Market momentum: pandemic-related factors are increasing demand for $1-million-plus properties

The substantial growth seen in Calgary’s detached resale market this year has been driven by the mid-range segment, but big-ticket listings are also bouncing...