CREB Calgary Housing Market Forecast 2024

Dated: January 24 2024

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CREB Calgary Housing Market Forecast

The CREB 2024 Forecast Calgary and Region Yearly Outlook Report provides a detailed analysis of Calgary's economic and housing market trends for the upcoming year.

Looking to 2024, expect another strong year for sales. Supply will remain an issue but conditions are not expected to be as tight as 2023.

Below is a summary of the Calgary market forecast for the four property subtypes(Detached, Semi-Detached, Row and Apartment). To see the details hover over the corresponding image and click on "View".

See full CREB 2024 Forecast Report.

Detached

picture of detached market forecast
  • in 2023 detached benchmark price up 7.64 percent to record high $675,783
  • in 2024 anticipate supply improvement leading to modest upturn in sales
  • in 2024 prices projected to rise by 4 percent to $700,000
View

Semi-Detached

picture of semi-detached market forecast
  • in 2023 semi-detached benchmark price up 7.4 percent to $614,933
  • in 2024 anticipate supply improvement
  • price growth expected in later 2024
View

Row

picture of row market forecast
  • in 2023 row benchmark price up 13.56 percent to $399,008
  • in 2024 expect supply improvement
  • in 2024 further price growth is expected
View

Apartment

picture of apartment market forecast
  • in 2023 apartment benchmark price up 13.49 percent to $302,042
  • in 2024 price growth expected
View
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Byron Henry

Husband. Father of a teenage mastermind. Gym rat and all things athletic. Overall good guy. Cool. Calm. Collected.....

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