Calgary Real Estate Board – CREB®

Calgary Residential Activity

Residential sales activity in Calgary rose in the fourth quarter of 2021 compared to the fourth quarter of 2020.

Residential property sales numbered 7,864 units in the fourth quarter of 2021, increasing 31.2% compared to the same quarter in 2020. This was the highest number of residential sales ever recorded in a fourth quarter.

Sales rose 24.9% for single detached homes, were up 52% for townhouse and row units, and were up 51.2% for apartment units compared to a year earlier in the fourth quarter.

Annually, residential property sales numbered 22,487 units in all of 2021. This was up 6.3% compared to the 21,151 units recorded in 2020.