by REM Editorial Team | Sep 6, 2024 | Boards & Associations, News
Last month, Calgary’s market continued to move from the strong seller’s market conditions of the spring, the Calgary Real Estate Board (CREB) reports. More inventory and fewer sales brought months of supply to more than two months, a level unseen since 2022. “As...
by REM Editorial Team | Aug 14, 2024 | News
Between May and July, Calgary saw homes selling for above list price in over half of its neighbourhoods (54 per cent), marking a 13 per cent jump in overbidding since the first quarter of this year (41 per cent), Wahi reports. Clearly, homebuyers in the market haven’t...
by REM Editorial Team | Aug 6, 2024 | Boards & Associations, News
Now that the busy spring market is behind us, Calgary is beginning to see some shifts in supply levels, the Calgary Real Estate Board (CREB) reports. July recorded 2,380 sales and 3,604 new listings, resulting in a sales-to-new listings ratio of 66 per cent, which has...
by REM Editorial Team | Jul 23, 2024 | Boards & Associations, News
Last week, the Calgary Real Estate Board (CREB) released its Q2 2024 housing market report, which offers an overview of the real estate landscape in Calgary and surrounding areas and showcases trends in sales and pricing. A seller’s market with sales-to-new...
by REM Editorial Team | Jul 8, 2024 | Boards & Associations, News
Last month, Calgary had 2,738 residential sales, 13 per cent less than last year’s record high, the Calgary Real Estate Board (CREB) reports. However, this is over 17 per cent more than long-term trends. “The pullback in sales reflects supply challenges in the lower...