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Calgary Real Estate Market 2022 Forecast

2021 was an exceptional year for Calgary Real Estate.  

Total sales in 2021 were 27,686, over 11,500 more sales compared to 2020.

For single-family homes, total sales were 17,038, over 7000 more sales compared to 2020, bringing the Benchmark price to $547,300, 11.9% increase from 2020.

The Forecast for 2022 is promising. Despite the pandemic and our economy still suffering, positive news like Amazon will open a cloud computing hub near Calgary and that will offer 950 job opportunities that are exciting news for Calgarians.

We are expecting positive migration from other provinces to Calgary. The new trend of working from home also brings lots of people from B.C. and Ontario who…

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Are housing prices going up or down in Calgary? Is 2021 a good time to buy or sell? Should you be investing in Condo or Single - Family Home? Here is my forecast for the 2021 Calgary Real Estate Market. 

Despite the Pandemic, Calgary Real Estate market was doing good in the second half of 2020.  

In the month of June, the sales activities already back to 1763 transactions with the benchmark price bounced to $487,300 in July for single family homes.

There were a total of 16,152 transactions in 2020, just a touch lower than 2019. 

December sales is much higher compared to the year before, with the benchmark price for single family homes bounced to $490,500. 

This gives us a good indication of the demand in…

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