August 2024

Stability in Real Estate?

Posted on Aug 31, 2024

After enduring an exceptionally strong seller's market for the past year, despite high interest rates, there was a lot of speculation over how rate drops may affect the housing market. Especially, as the first rate drop came just as real estate markets were transitioning to a traditionally slower season. In this article from the financial post arti...

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Calgary, a thriving investment environment 

Posted on Aug 23, 2024

Calgary Economic Development CT Banner
Aug 19, 2024
By CREB®
With a thriving tech sector, a growing population, and an environment ripe for investment, our city offers limitless opportunities for companies and talent to grow in a strong economy that also offers a robust support network. In the first half of 2024, Calgary ranked third among major Canadian cities in both venture capital (VC...

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Fledgling Canadian Housing Market Momentum Hits Pause in July

Posted on Aug 19, 2024



MONTHLY HOUSING MARKET REPORT

NATIONAL RESIDENTIAL STATISTICS

National Residential StatisticsNational Residential StatisticsNational Residential StatisticsNational Residential StatisticsNational Residential StatisticsNational Residential Statistics
Ottawa, ON August 15, 2024 - While there were early signs of renewed momentum in June following the Bank of Canada’s first interest rate cut since 2020, activity in Canada’s housing market took a pause in July.Home sales activity recorded over Canadian MLS® Systems edged back by 0.7% on a...

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Housing Supply Increasing

Posted on Aug 17, 2024


by CREB® on Aug. 01, 2024
Calgary, Alberta, August 1, 2024 — With the busy spring market behind us, we are starting to see some shifts in supply levels. With 2,380 sales and 3,604 new listings, the sales-to-new listings ratio fell to 66 per cent, supporting a gain in inventory. 
Inv...

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Housing Stats Calgary July 2024

Posted on Aug 06, 2024

Housing Statistics July
Aug 1, 2024

Supply levels improve, taking some pressure off prices

By CREB®
With the busy spring market behind us, we are starting to see some shifts in supply levels. With 2,380 sales and 3,604 new listings, the sales-to-new listings ratio fell to 66 per cent, supporting a gain in inventory. Inventories rose to 4,158 units, still 33 per cent below wh...

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