CALGARY MARKET UPDATE
Live Calgary housing data translated into the things buyers, sellers and investors actually need to understand.
MARKET BALANCE
Current conditions are being calculated from the latest available Calgary sales and inventory data.
Benchmark price
Active listings
Sales compared with new listings
The latest Calgary market figures are being analyzed.
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Days on market
Connecting to the latest available CREB® Daily Housing Summary…
PRICE REALITY
Calgary market reports can show several different price numbers. They are not interchangeable — and understanding the difference matters when you are buying, selling or valuing a property.
Tracks the value of a typical home based on its characteristics. This is the number I prefer when looking at broad price direction.
Calculating change…The midpoint of all sales — half sold above this number and half sold below it.
Calculating relationship…Adds every sale together and divides by the number of sales. A larger share of expensive homes can move this figure quickly.
Calculating relationship…Calculating what the current price mix tells us…
Using the current benchmark price and its reported year-over-year change.
Reading the current price data…
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THE 12-MONTH SHIFT
Percentages are useful, but real numbers make the change easier to see. These comparisons use the current CREB® figures and reported year-over-year changes to estimate where Calgary stood one year earlier.
Calculating…
Calculating…
Calculating…
Comparing the movement in sales with the movement in new supply.
Loading the current market comparison…
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WHAT I’M WATCHING NEXT
No single statistic tells us where the market is going. These are three signals I watch together to see whether conditions are tightening, balancing or giving buyers more room.
Comparing available inventory with the same period last year.
Measuring how much new supply is being matched by sales.
Comparing the current benchmark price with the same month last year.
Reading supply, demand and price movement together.
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MOE KNOWS REAL ESTATE
Once a month, I’ll send you the Calgary numbers that matter, what changed and what it actually means.
Buyers · Sellers · Investors · Homeowners
One useful email a month · Unsubscribe anytimeTHE MARKET IS ONLY PART OF THE DECISION
Citywide data gives us context. The next step is applying it to your home, your search or the opportunity you are considering.
Get a personal valuation based on your property, current competition and today’s Calgary market.
Use the advanced MLS® search to explore listings, communities and detailed property criteria.
If you are trying to decide whether to buy, sell, wait or act, let’s go through the numbers together.
Calgary Realtor® · Century 21 Bravo Realty
Market data tells us what is happening. The property tells us what to do about it.