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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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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