Calgary Housing: Daily Pulse Check & Market Trends
DAILY CHANGES
Calgary's average home price registered a modest increase of 0.2% from yesterday. New listings saw a slight dip of 1.0%, while sales volume edged up by 0.5%. Overall inventory tightened by 0.3%.
For Buyers, immediate selection saw a minor reduction today. For Sellers, the slight uptick in sales volume and tighter inventory suggest sustained buyer interest day-over-day.
MONTHLY CHANGES
Over the past 30 days, the market has demonstrated clear upward momentum. The average home price climbed 2.5%. New listings decreased by 4.0%, intensifying competition, while sales volume rose by 3.0%. This has driven active inventory down significantly by 6.5% month-over-month.
Buyers are facing a more competitive environment with fewer homes available, demanding decisive action. For Sellers, these trends indicate strong pricing power and potentially quicker sales cycles as demand outstrips new supply.
YEARLY CHANGES
Looking back a full year, the Calgary market has delivered substantial value appreciation. The average home price has increased by 9.8% compared to this time last year. New listings are up by 15.0%, providing more options, while sales volume is down slightly by 1.5%. Active inventory overall has expanded by 18.0% from last year.
For Buyers, there are more homes to choose from than last year, but at a notably higher price point. Sellers have seen significant equity growth, benefiting from a market that has absorbed increased inventory while maintaining strong value appreciation.