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Cody Battershill

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Calgary Real Estate Market Update March 2019

Calgary Real Estate Market Update for March 2019 - Oversupply & buyers market continue – City-wide sales slouched in March of 2019 on a year-over-year basis despite improved activity in lower price ranges. First-quarter sales in the Calgary totalled 3,108 units, about 9 per cent lower versus last year and a whopping 28 … [Read more...]

Calgary Real Estate Market Statistics, Trends & Analysis

Calgary Real Estate Market Statistics, Trends & Analysis: Month-to-Month Updates Calgary's real estate market has ever-changing scenery, with one sector not always reacting to external pressure the same as another. For your use, we keep track of Calgary real estate market statistics, trends and analysis every month (seen … [Read more...]

Calgary Real Estate Market Update January 2019

Calgary Real Estate Market Update January 2019 -  Slow Sales to Start Off the New Year – Economic challenges continue to make Calgary’s residential market recovery as sluggish as it gets. This is similar to the statistics seen in December of 2018. In January of 2019, total sales were 16 percent lower on a year-over-year … [Read more...]

Calgary Real Estate Market Update December 2018

Calgary Real Estate Market Update for Dec. 2018 - Economy Continues to Affect Market - Oversupply has continued to affect Calgary’s residential market in December, with overall benchmark prices dropping by 1 percent month-to-month and 3 percent year-over-year. This trend is in line with that seen in November of 2018 as … [Read more...]

Calgary’s Real Estate Market in 2019: What to Expect

Calgary Housing Market Predictions for 2019 It’s been a tough year for the residential market in Calgary. A slow economy along with oil price differentials and a challenging employment outlook all continue to weigh in on the housing market. But what about in 2019? Will these trends continue? Here’s some of the most … [Read more...]

Calgary Real Estate Market Update November 2018

Calgary Real Estate Market Update November 2018 - Tough economic conditions affecting resale market – Year-to-date, there was 15,349 total units sold, a 14 percent drop comparatively year-over-year and 20 percent below the decade long average. This continues the downward market trend seen in October … [Read more...]

Calgary Real Estate Market Update October 2018

Calgary Real Estate Market Update October 2018 - Oversupply weighs heavily on benchmarks – Calgary’s real estate market continues to see elevated inventory levels versus sales activity, reducing benchmark prices even further for all segments. This trend is like that seen in September. In October 2018, city-wide benchmark … [Read more...]

Calgary Real Estate Market Update September 2018

Calgary Real Estate Market Update September 2018 - Market continues along in buyers’ territory – As the economic climate in Calgary continues to putter along with no real recovery, home sales activity dropped by 13 percent year-over-year and remains well below long-term averages. What's happening on Calgary's housing … [Read more...]

Calgary Real Estate Market Update August 2018

Calgary Real Estate Market Update for August 2018 - Unemployment taking its toll on housing recovery – Elevated inventory levels, lower sales activity, gains in new listings and high unemployment rates have combined to continue to slow Calgary’s residential housing recovery throughout August of 2018 – like that seen in the … [Read more...]

Calgary Real Estate Market: Semi-Annual Update 2018

Calgary Real Estate Market: Semi-Annual 2018 Tougher mortgage rules, higher interest rates and a slow economic recovery has weighed in heavily on demand in Calgary’s residential sector during the first 6 months of 2018. As a result, sales activity has slowed even more than expected. This, along with rising sales activity … [Read more...]