Calgary Market Statistics
|
Hey Everyone! Below is a data driven analysis of the Calgary Real Estate Board (CREB) Note: I’ve chosen only to analyze Single Family Home data from CREB. I’ve broken down key metrics that I think are important for you to visually see. Simply reply to this email if you have any questions about learning how much Talk soon, your Mortgage guy Average Sales Price: Here you can see nice year over year gains. This is Single Family Home
Absorption rate: The Absorption rate measures how many months it would
take the market to sell every current listing, if no other listings were added to the market. A balanced market is between 2-4 months.You’ll notice the Absorption rate drop during the Spring months, which is typically a more popular time to buy and sell.
Sales To New Listing Ratio: This is a ratio of how many sales happen versus how many new
homes for sale come to market.This stat can be used to look into the future of possible price increases or decreases.
Thank you again and we’ll chat soon,
Chad Moore, your Mortgage guy
403-809-5447
|
![](data:image/svg+xml;charset=utf-8,<svg height="400px" width="1000px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
Recent Posts
Calgary Market Update—March 2025 Data
Here are some Calgary Real Estate numbers, across all property types, out of the gate for…
Interest Rates Up Or Down?
Hey Guys! Tariffs are here. Now what? Tiff Macklem, governor of the Bank of Canada, gave…
Bank of Canada Hot Mic Moment
Hey Guys! The Bank of Canada publishes "meeting deliberation notes" relating to the discussion of raising,…
Banker’s Damaging Admission
When the governor of the Bank of Canada speaks, we listen! Tiff Macklem, governor at…
January 2025 Market Stats
Let's look back at January 2025 Calgary Real Estate Board (CREB) data to make sense…
Mortgage Interest Rate Review
Hey Guys! Here's an example of how the Bank of Canada is in a balance…