October sales eased compared to last year’s levels, mostly due to slower activity in the detached sector.

However, with 1,857 sales this month, levels are still stronger than long-term trends and activity reported prior to the pandemic. Year-to-date sales have reached 26,823 and with only two months to go, 2022 will likely post a record year in terms of sales.

“Calgary hasn’t seen the same degree of pullback in housing sales like other parts of Canada, thanks to persistently strong demand for our higher density product,” said CREB^® Chief Economist Ann-Marie Lurie. “While our city is not immune to the impact that inflation and higher rates are having, strong employment growth, positive migration flows and a stronger commodity market are helping offset some of that impact.”

To read the full stats release on October's housing market for Calgary and surrounding areas, click here.

October housing market snapshot

(Shareable social media images - click on the images to enlarge and save)

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

Members can also access a wide range of housing data tools and dashboards on CREB^®Link.