January 2021: sales activity signals strong start to the year

January sales were the highest they have been for the month since 2014, as housing market momentum from the end of 2020 carried over into the start of 2021.

Sales activity improved across all product types and across all price ranges.

“Discount lending rates are exceptionally low, which is likely attracting all types of buyers back into the market,” said CREB® chief economist Ann-Marie Lurie.

“New listings in the market were also slightly higher than what was available over the past two months, which is providing more options to purchasers.”

Read the full report on the CREB Now website.

The following data is a comparison between January 2021 and January 2020 numbers, and is current as of February 2021.

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

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

Located in the most highly sought after building adjacent to the University of Calgary!

LARGE Studio condo + titled, underground parking + titled storage unit:

• ~600 square feet (approximate RMS interior measurement)
• 1-bedroom apartment condo (studio)
• 4-piece bathroom
• large closet space in bedroom
• in-suite, full-sized, stacked washer + dryer
• 2nd floor on the quiet side of the building
• covered balcony space with gas BBQ hookup
• titled, underground parking
• titled, underground storage unit
• located in a quiet, exceptionally well-maintained, 150-unit building — "3111 Varsity"
• across the street from the University of Calgary
• close to TWO C-Train stations
• close to shopping
• easy access to downtown Calgary
• ideal for an student, grad student, researcher or urban worker

Scheduled to hit the Alberta MLS® market February 10th, 2021.

Call, text or email for photos, floor plan and list price!

Located in the most highly sought after building adjacent to the University of Calgary!

LARGE 1-bedroom + DEN condo + titled, underground parking + titled storage unit:

• 760 square feet (approximate RMS interior measurement)
• 1-bedroom apartment condo
• 4-piece, ensuite bathroom with cheater door
• large closets
• in-suite, full-sized, stacked washer + dryer
• spacious den (or small second bedroom)
• 3rd floor with southern exposure
• large, covered balcony space with gas BBQ hookup
• titled, underground parking
• titled, underground storage unit
• located in a quiet, exceptionally well-maintained, 150-unit building — "3111 Varsity"
• across the street from the University of Calgary
• close to TWO C-Train stations
• close to shopping
• easy access to downtown Calgary
• ideal for an out-of-town student, grad student, researcher, urban worker or couple

Scheduled to hit the Alberta MLS® market February 4th, 2021.

Call, text or email for photos, floor plan and list price!

City of Calgary, February 1, 2021

The number of January sales were the highest they have been for the month since 2014, as housing market momentum from the end of 2020 carried over into the start of 2021.

Sales activity improved across all product types and across all price ranges.

“Discount lending rates are exceptionally low, which is likely attracting all types of buyers back into the market,” said CREB^® chief economist Ann-Marie Lurie.

“New listings in the market were also slightly higher than what was available over the past two months, which is providing more options to purchasers.”

January’s new listings were 2,246 relative to the 1,208 sales in the market, causing inventories to edge up over December levels. These types of movements are typical for January, but 2021 is starting the year with 4,035 units in inventory. This is far lower than the past six years.

Benchmark prices remained at levels relatively consistent with prices recorded at the end...