Airdrie, Cochrane and Okotoks in September 2023: prices hold near highs
Airdrie condos posted the biggest annual gains. Cochrane prices paused in the detached, semi and row segments as supply rose above two months.
Berg Estate Team blog
News & Insights – Page 15
Calgary real estate market news, our monthly market updates and new videos from the Berg Estate Team: Tom Berg and Valery Berg, REALTORS® with eXp Realty.
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New listings pick up in September: the first signs of a less tight market
Cochrane's supply rose above two months for the first time since February. Calgary semi-detached prices paused after ten straight gains.
Calgary housing market, September 2023: record sales, prices level off
More new listings stopped inventory from falling further. Detached and semi-detached prices paused, while row and condo prices kept rising.
Alberta posts Canada’s fastest population growth and record interprovincial gains
Canada passed 40 million people, growing 2.9%. Alberta's interprovincial gain was the largest for any province since comparable data began.
Calgary council approves its 2023–2030 Housing Strategy
The City says one in five Calgary households cannot afford their housing. Zoning changes in the strategy will go to a public hearing later.
Ottawa removes GST on new purpose-built rental apartments
The rebate covers apartment buildings, student and seniors' housing that start construction by the end of 2030. Condos and duplexes do not qualify.
Bank of Canada holds at 5% as the economy slows
The Bank said excess demand is easing but kept the door open to further increases if underlying inflation persists.
Airdrie, Cochrane and Okotoks in August 2023: inventory shrinks again
Okotoks prices dipped from July's high but remain 7% above last year and 10% above January. Cochrane condos posted the biggest monthly gains.
Calgary housing market, August 2023: record sales, record-low inventory
Condo sales set a new year-to-date record of 5,582, and row prices rose nearly 16% in a year, up to 29% in the East district.
CREB Q2 2023 report: prices beat expectations as supply stays short
CREB expects monthly price gains to slow in the second half of 2023, but limited supply should keep prices elevated.
Airdrie, Cochrane and Okotoks in July 2023: Airdrie detached tops $600,000
Supply edged up in all three towns, to nearly two months in Cochrane, but prices kept climbing across every property type.
Row homes lead Calgary price growth with a 14% annual gain
Row supply has been under one month for four months. Prices rose in every district, led by the West at nearly 4% in a single month.