
Calgary Housing Market Update (January 2024): Why Is Inventory So Tight?
Calgary opened 2024 with 2,155 homes for sale — 12% below last January — as condos rose 17.2% and row
Monthly Calgary (CREB) housing market updates

Calgary opened 2024 with 2,155 homes for sale — 12% below last January — as condos rose 17.2% and row

Calgary closed 2023 with a benchmark price of $565,200, up 8.9% on the year, as row homes gained 17.9% and

Calgary new listings rose 38% year-over-year in November 2023, nearly closing the inventory gap, as the benchmark reached $567,900. Full

Calgary row homes rose 17% year-over-year in October 2023 to $422,400 as the city's benchmark held at $566,800. Full stats

Calgary new listings rose 21.5% year-over-year in September 2023 as the benchmark price held at $565,600. Full stats on sales,

Calgary's benchmark price reached $566,000 in August 2023 as row homes rose 13.6% and condos 7.7% year-over-year on record-low supply.

Calgary's benchmark price rose to $563,100 in July 2023 as sales eased 16% for the summer but inventory stayed 35%

Calgary's benchmark price rose to $560,300 in June 2023 with supply at 1.1 months and inventory 36% below last year.

According to the Calgary Real Estate Board, the housing market in Calgary achieved a new record for number of sales.