February 2019: Housing market feels the chill as oversupply continues
The effects of Calgary’s economic climate continue to create weak sales activity and elevated inventory in the city’s housing market. As a result, prices [...]
Alberta politicians take aim at mortgage stress test
Alberta politicians at both the provincial and municipal level have recently spoken out against Canada’s mortgage stress test. First, United Conservative Party leader Jason [...]
The reality of real estate investment trusts (REITs)
If you have millions of dollars to invest, amassing multiple real estate properties is not a problem. If you aren’t named Buffett or Gates, [...]
Lending Market
Following a decade of low interest rates, the Bank of Canada is expected to gradually raise rates until they reach 2.5 – 3.5 per cent. [...]
Calgary’s Real Estate Forecast 2019 – A Summary
The challenging economic climate in Calgary is expected to persist into 2019. While there was some evidence of stabilization in the energy sector in [...]
What they said in 2018
Some of the city’s housing market experts share their thoughts on Calgary real estate in 2018 and what might lie ahead. Alan Tennant – [...]
Q&A: searching for stability
CREB® chief economist Ann-Marie Lurie recaps the year that was in Calgary’s housing market. CREB®Now: Did 2018 play out the way you expected? Lurie: It [...]
December Stats
Challenging economic conditions continue to impact the resale market Sitting below long-term averages, November sales in the city totalled 1,171 units. For the [...]
High multi-family inventories mean plenty of choices for homebuyers
If you’re looking to enter the condo market in Calgary these days, there’s certainly a lot of choice available among new apartment-style condos and [...]