City of Calgary, Oct. 19, 2021 –

For the full report, please download CREB®'s Q3 2021 Calgary & Region Quarterly Update Report here.

The pace of growth and level of sales have eased from the record highs seen in the second quarter, but with 6,628 sales, this was the best third quarter since 2014.

Much of the strength in demand was likely driven by the low-lending-rate environment and increased savings among those whose incomes were not impacted by COVID-19 shutdowns.

"Sales have slowed from the record pace seen earlier this year, but some of this slowdown was likely related to limited improvements on the supply side of the market," said CREB® Chief Economist Ann-Marie Lurie.

"Supply-demand balances improved for buyers compared to what we…

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City of Calgary, Oct. 1, 2021 – Residential sales totalled 2,162 in September, nearing the record high for the month recorded in 2005. Further gains in new listings likely supported some of the sales growth that occurred this month.

“While sales activity in the fall tends to be slower than in the spring months, the continued strong sales are likely being driven by consumers who were unable to transact earlier in the year when supply levels had not yet adjusted to demand,” said CREB® chief economist Ann-Marie Lurie. “The market continues to favour the seller, but conditions are not as tight as they were earlier this year.”

Inventory levels in September eased to 5,607 units, keeping the months of supply below three…

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City of Calgary, Oct. 1, 2021 – Residential sales totalled 2,162 in September, nearing the record high for the month recorded in 2005. Further gains in new listings likely supported some of the sales growth that occurred this month.

“While sales activity in the fall tends to be slower than in the spring months, the continued strong sales are likely being driven by consumers who were unable to transact earlier in the year when supply levels had not yet adjusted to demand,” said CREB® chief economist Ann-Marie Lurie. “The market continues to favour the seller, but conditions are not as tight as they were earlier this year.”

Inventory levels in September eased to 5,607 units, keeping the months of supply below three months. However, there is…

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Kathryn Beaumont - MaxWell Polaris
Sagar Thind - MaxWell Polaris
Shannon Viens - MaxWell Devonshire Realty (Sherwood Park)
Tejinder Khosa - MaxWell Progressive
Alison Dunning - MaxWell NetWork
Jennifer Ellard - MaxWell NetWork
Jordan Koch - MaxWell NetWork
Michael Gross - MaxWell NetWork
Colby Genoway - MaxWell Capital Realty (Canmore)
Krunal Solanki - MaxWell Capital Realty (Crowfoot)
Kuro Mendi - MaxWell Capital Realty

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              Reta Vaccaro - MaxWell Capital Realty
Natesha Francis (WELCOME BACK!) - MaxWell Polaris
Misha Szynkowski - MaxWell Progressive (Windermere)
Mioara Bitea - MaxWell Progressive
Charlotte Marshall - MaxWell Realty Invermere
Michael Garcia - MaxWell Progressive
Joanne Griffith - MaxWell Devonshire Realty (Sherwood Park)
Shailene Garner - MaxWell Excel Realty



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AMAZING LOT JUST LISTED! 305 Cottageclub Green at Ghost Lake, Rocky View County Visit here for full listing details: https://www.peshketeam.com/.../a1145128-305-cottageclub.../ $259,900 MLS A1145128 Call/text Yasin @ 403-681-0319 for more info or to book your showing! Wonderful opportunity you do not want to miss out on! This 48x105 lot is ready for you and your family to build your cottage on. This is a great location close to the boat launch and beach with a pathway behind as well. Escape from the busy city life by owning a piece of paradise at Ghost Lake. Build at your convenience and be part of a wonderful community. Amenities include boating on Ghost Lake, fishing, swimming section at the…

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City of Calgary, Sept. 1, 2021 

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 slowed from the record-setting pace seen earlier this year, but on a year-to-date basis, the eight-month total of 19,516 sales is higher than annual sales figures recorded over the past six years.

“Sales have far exceeded expectations throughout most of the pandemic, driven mostly by demand for detached homes. At the same time, supply could not keep pace and conditions shifted to favour the seller, something that has not happened in over six years,” said CREB® Chief Economist Ann-Marie Lurie.

“With more buyers than sellers, prices rose, providing opportunity for many of the…

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Prince Boparai - MaxWell Polaris
Sagar Thind - MaxWell Polaris
Lionel Visaya - MaxWell Edge Realty
Ravinder Bala - MaxWell Central
Michelle Roberts - MaxWell Challenge

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