The million-dollar divide is the story of August. Overall sales fell 16 per cent to 1,660 units and new listings dropped nearly 10 per cent, but that pullback wasn't shared equally. Homes priced over $1,000,000, mostly detached and semi-detached, actually posted gains, while everything below that mark kept sliding. CREB's Ann-Marie Lurie points to...
Calgary's market cooled in July, but the headline stats hide the real story. Sales dropped nine per cent and new listings fell 15 per cent, which sounds like a market losing steam evenly across the board. It isn't. Dig into the district and property-type breakdowns and you find a market splitting hard in two directions, buyer's market for some, sti...
June sales climbed to 2,197 units, an improvement over May but still nearly four per cent below last year and just under the long term average for the month. The story underneath that number is inventory. After several years of record housing starts, supply has built up fast, particularly in high density product, and that's opening a widening gap b...
If you have been hearing about changes to Calgary's housing rules and wondering what it actually means for your street, you are not alone. Here is what is happening, and what it means depending on where you sit: as a homeowner, or as someone hoping to buy.
What's actually changing
In 2024, City Council approved a policy often called "blanket rezoning...
May brought the kind of inventory build Calgary typically sees heading into summer. But with 2,162 sales running 16% below last May and the overall benchmark price still sitting 3% behind last year, the dominant theme of 2026 remains unchanged: this city is not operating as one housing market. It is operating as several, and the gap between them ke...
April brought the seasonal uptick Calgary's market typically delivers heading into spring. But with 2,104 sales coming in six per cent below last April, and prices still running three per cent behind last year across the board, the bigger story remains the same one that has defined 2026 so far: this city is operating as two distinct housing markets...
