
Calgary Housing Market Update (August 2022): Is This a Housing Crash?
Calgary's benchmark price fell 1.5% in August 2022 to $531,800 — the largest monthly decline of the year — while
Monthly Calgary (CREB) housing market updates

Calgary's benchmark price fell 1.5% in August 2022 to $531,800 — the largest monthly decline of the year — while

Calgary's benchmark price fell to $539,900 in July 2022 as sales dropped 21%, but inventory fell too — keeping supply

Calgary's benchmark price slipped 0.4% in June 2022 to $543,900 — its first decline in over a year — as

Calgary's benchmark price reached $546,000 in May 2022, up just 0.3% on the month as the market slowed. Full stats

Calgary sales fell 17% in April 2022 as rate hikes began to bite, though the benchmark price still rose to

Calgary recorded 4,091 sales in March 2022 — the most of any month since at least 2014 — with a

Calgary detached homes sold in 14 days in February 2022 as the benchmark price hit $522,900, up 21.6% year-over-year on

Calgary's benchmark price jumped 6.8% in January 2022 to $495,300, up 17.1% year-over-year, with just 1.3 months of supply. Full

Calgary closed 2021 with a benchmark price of $463,900, up 10.1% on the year, and inventory down to 2,608 homes