2022 saw record-high sales and double-digit price growth

City of Calgary, January 3, 2023 - December sales eased, however, slowing sales over the second half of 2022 were not enough to offset earlier gains as sales reached a record high of 29,672 units in 2022.

Over the past several months, the pullback in sales was also met with a significant pullback in new listings, causing further declines in inventory levels. As of December, there were 2,214 units available in Inventory, making it the lowest level of inventory reported for December in over a decade.

“Housing market conditions have changed significantly throughout the year, as sales activity slowed following steep rate gains throughout the later part of the year,” said CREB® Chief Economist…

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Welcome to 208 masters Avenue SE in the Beautiful Community of Mahogany!


Welcome to 208 Masters Avenue. This beautifully completed 4 bedroom home includes a fully finished basement, rear detached double garage and custom landscaping for those amazing Mahogany summer nights. Enjoy the oversized dining area located at the front of the home including large windows letting in a ton of natural light. Head over to the kitchen where you find beautiful white cabinetry, granite countertops, stainless steel appliances including a gas range and a spacious island with plenty of room for entertaining. Your cozy living room looks over your private backyard, has enough space for a full sectional and is where you will spend most of your time. The upper floor…

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Coming Soon - Welcome home to 877 Coach Side Crescent SW. 



Welcome to where character meets modern inspiration in the tastefully completed home located in the heart of Coach Hill. This beautifully renovated home was completed with a professional designer to make sure no detail was overlooked including modern luxury lighting and elegant selected colour pallet. Entering the home you will be greeted with the luxury of the sprawling vaulted ceiling including stunning wood cladding and beam details. Head over to the kitchen where you will get to enjoy your brand new custom kitchen, including modern cabinetry and soft white quartz countertops, upgraded built-in appliances with induction cooktop and a popular farm sink overlooking the backyard.…

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December 2022

Calgary Monthly Statistics

The pullback in sales over the past six months was not enough to erase gains from earlier in the year as year-to-date sales remain nearly 10 per cent above last year’s record high. The year-to-date sales growth has been driven by a surge in both apartment condominium and row sales.

“Easing sales have been driven mostly by declines in the detached sector of the market,” said CREB® Chief Economist Ann-Marie Lurie. “Higher lending rates are impacting purchasers buying power and limited supply choice in the lower price ranges of the detached market is likely causing many…

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2022 on track to be a record year for sales

City of Calgary, Dec. 1, 2022 – Residential sales in the city slowed to 1,648 units, a year-over-year decline of 22 per cent, but 12 per cent above the 10-year average. 

The pullback in sales over the past six months was not enough to erase gains from earlier in the year as year-to-date sales remain nearly 10 per cent above last year’s record high. The year-to-date sales growth has been driven by a surge in both apartment condominium and row sales.

“Easing sales have been driven mostly by declines in the detached sector of the market,” said CREB® Chief Economist Ann-Marie Lurie. “Higher lending rates are impacting purchasers buying power and limited supply choice in the lower price ranges of the detached…

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November 2022

Calgary Monthly Statistics

The Calgary Real Estate Board (CREB®) reports that mostly due to the detached sector October sales slowed to last years levels.  Even with a slowing in the market 2022 is on track to be a record year in terms of sales.

“Calgary hasn’t seen the same degree of pullback in housing sales like other parts of Canada, thanks to persistently strong demand for our higher density product,” said CREB® Chief Economist Ann-Marie Lurie. “While our city is not immune to the impact that inflation and higher rates are having, strong employment growth, positive migration flows and a stronger…

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Sales remain stronger than pre-covid level

City of Calgary, Nov. 1, 2022 – October sales eased compared to last year’s levels, mostly due to slower activity in the detached sector.

However, with 1,857 sales this month, levels are still stronger than long-term trends and activity reported prior to the pandemic. Year-to-date sales have reached 26,823 and with only two months to go, 2022 will likely post a record year in terms of sales.

“Calgary hasn’t seen the same degree of pullback in housing sales like other parts of Canada, thanks to persistently strong demand for our higher density product,” said CREB® Chief Economist Ann-Marie Lurie. “While our city is not immune to the impact that inflation and higher rates are having, strong employment growth,…

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Coming Soon in the desirable community of Mahogany - 2248 Mahogany Boulevard SE.  This is a well maintained semi-detached home full of upgrades with rear double garage.  Live across from the lake and all the amenities Westman Village has to offer.  This home will be snatched up quickly, do not miss out!

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Coming Soon to the Beltline Community - #3208, 310 12th Avenue SW.  An executive 2 bedroom + den condo on the 32nd floor of the Park Point building with stunning views of Calgary. 

No detail was overlooked when designing this unit, from cabinet faced appliances and exquisite granite countertops in the kitchen to the stunning tile and glass shower with soaker tub in the ensuite.  Don't miss out on luxury living in the heart of it all!

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