FOR IMMEDIATE RELEASE

Market continues to favour the seller despite slowing sales

City of Calgary, June 1, 2022 –  For the second month in a row, sales activity trended down after all-time record high sales in March. While activity in the market slowed down in May with 3,071 sales, levels are still slightly higher than last year’s record high and are far stronger than typical levels of activity recorded in May.

“It’s not a surprise to see sales ease from the exceptionally strong levels seen earlier in the year. Many buyers were eager to get into the market ahead of the rate gains that we are now…

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Rolf Ngan - MaxWell Challenge Realty

Amanda Tomlinson - MaxWell Challenge Realty

Danny Wong - MaxWell Devonshire

Xiaowen (Jake) Fang - MaxWell Polaris

Sandra Umrysh - MaxWell Challenge Realty

Jones Liu - MaxWell Polaris

Shubham Narang - MaxWell Polaris

Robert Parsons - MaxWell Devonshire Realty

Joanne Liu - MaxWell Polaris

Jina Kim - MaxWell Progressive (Windermere)

Don Liu - MaxWell Polaris

Jagjit Dhillon - MaxWell Central

Marcelo Tanihara - MaxWell Capital Realty

Michael Enciso - MaxWell Canyon Creek

Dariusz Jablonski - MaxWell Capital Realty

Jordan McKim - MaxWell Elite Realty

Margaryta Vyshkulatova - MaxWell Polaris

Harjit (Harry) Dhaliwal - MaxWell Polaris

Devinder Pandher - MaxWell…

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Shayne Deren - MaxWell NetWork Realty

Chris Schindel - MaxWell Polaris

Abhisek Kaliramna - MaxWell Polaris

Mangdeep Paul - MaxWell Polaris

Ramanpreet Sidhu - MaxWell Progressive (Windermere)

Jatin Sethi - MaxWell Central

 Colin Bjornson - MaxWell Real Estate Solutions

Muhammad Awan - MaxWell Central

Maria Spadafora - MaxWell Capital Realty

Anshul Gupta - MaxWell Devonshire Realty

Sheena Boychuk - MaxWell Challenge Realty

Bruce Dunham - MaxWell Capital Realty (WELCOME BACK!)

Vasu Sharma - MaxWell Capital Realty

Arash Sethi - MaxWell Polaris

 Emilia Agopsowicz - MaxWell Devonshire Realty

Peter Fan - MaxWell Canyon Creek

Landon Lovig - MaxWell Devonshire Realty

Amanuel Chirom - MaxWell Progressive…

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FOR IMMEDIATE RELEASE

Record high sales seen again in March

City of Calgary, April 1, 2022 – For the second month in a row, sales activity not only reached a monthly high but also hit new record highs for any given month. Gains occurred across every property type as they all hit new record highs.

An increase in new listings this month helped support the growth in sales activity. However, inventories have remained relatively low, ensuring the market continues to favour the seller. 

“While supply levels have improved from levels seen over the past four months, inventory levels are still well below what we traditionally…

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Jagjit Dhillon- MaxWell Central

John Whittaker- MaxWell Capital Realty

Rolf Ngan- MaxWell Challenge Realty

Amanda Tomlinson- MaxWell Challenge Realty

Marcelo Tanihara- MaxWell Capital Realty

Danny Wong- MaxWell Devonshire Realty

Jake Fang- MaxWell Polaris

Dev Gokool- MaxWell Network Realty

Jina Kim- MaxWell Progressive

Frazer Connelly- MaxWell Polaris

Kurt Tovillo- MaxWell Polaris

Lydia Probert- MaxWell Polaris

Jones Liu- MaxWell Polaris

Shubham Narang- MaxWell Polaris

Margaryta Vyshkulatova- MaxWell Polaris

Eva Keller- MaxWell Capital Realty

Daniel Rozzoli- MaxWell Devonshire Realty

Reshamdeep Mundi- MaxWell Polaris (Welcome back!)

Devinder Pandher- MaxWell Polaris

Brianna Wagner- MaxWell…

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FOR IMMEDIATE RELEASE

Sellers' market conditions continue in April 

City of Calgary, May 2, 2022 –  Following an all-time record high month of sales in March, activity slowed down in April. However, with 3,401 sales, it was still a gain of six per cent over last year and a record high for the month of April. 

“Despite some of the monthly pullback, it is important to note that sales remain exceptionally strong and are likely being limited due to supply choice in the market,” said CREB® Chief Economist Ann-Marie Lurie. “While further rate increases will likely start to dampen demand later this year, more pullbacks in…

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Rupinder Grewal- MaxWell Polaris

Harjinder (Jindu) Baraich- MaxWell Challenge Realty

Deepak Jagpal- MaxWell Challenge Realty

Jasmin Miskolsczi- MaxWell Progressive

Krishna Karnatapu- MaxWell Central

Dariusz Jablonski- MaxWell Capital Realty

Dave Rogers- MaxWell Capital Realty 

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City of Calgary, March 1, 2022 –  Thanks to a surge in new listings, sales activity reached a record high for the month of February with 3,305 sales. The rise in new listings caused adjusted inventories to rise above last months levels. However, with only one month of supply, the market continues to favour the seller. 

“Sales have been somewhat restricted by the lack of supply choice in the market. While sellers did respond with a record level of new listings this month, the demand has been so strong that the housing market continues to remain undersupplied causing further price gains,” said CREB® Chief Economist Ann-Marie Lurie.

The total residential benchmark price for the city rose by nearly six per cent over January levels and was…

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Aseem Khimta - MaxWell Challenge Realty
Parasdeep Channa - MaxWell Polaris
Cole Grekul - MaxWell Progressive
Hollaye Garner - MaxWell Capital Realty
Marvin Juarez - MaxWell Polaris
Inderjit (Tony) Singh - MaxWell Polaris
 Joan Nelson - MaxWell Progressive (Boyle)
Brock Becker - MaxWell Progressive
Poonam Poonam - MaxWell Polaris
Kam Masuta - MaxWell Polaris
Satnam Sidhu - MaxWell Elite Realty
Doro Stach - MaxWell Devonshire Realty
Kelly Plouffe - MaxWell Challenge Realty
Shafin Devji - MaxWell Polaris
 Harpreet Kaur - MaxWell Elite Realty
Upneet Ubhi - MaxWell Central

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Richard Glover - MaxWell Polaris
Navi Lobana - MaxWell Polaris
Aditya Batra - MaxWell Polaris
Jun Ping (Fred) Xiang - MaxWell Polaris (WELCOME BACK)
Akhshat Sareen - MaxWell Polaris
Amar Joshi - MaxWell Elite Realty
 Jen Modry - MaxWell Challenge Realty
Levi Hooft - MaxWell Polaris
Jasman Bains - MaxWell Polaris
Omer Khan - MaxWell Challenge Realty
Adam Langenhoff - MaxWell Canyon Creek
Alex Pinnick - MaxWell Polaris
Danielle McGale - MaxWell Devonshire (Sherwood Park)
Esther Omale - MaxWell Grande Realty (WELCOME BACK)
 Amit Patel - MaxWell Polaris
Gurtej Sambi- MaxWell Polaris
Mouhamad Tarbine - MaxWell Progressive
Mark Dumesnil - MaxWell Challenge Realty

 

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