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The Alberta government has mandated that professional services businesses, such as lawyers and accountants, be able to work by appointment only. Therefore, the AREA are reinstituting a ban on all in-person open houses for REALTORS® as professional service providers. Showings can continue with appointment only and limited to two family-unit members at a time.


Please continue to adhere to all the best practice safety protocols. 



Be mindful of any and all provincial guidelines and local ordinances.


There has been no known COVID-19 transmission from open houses, but an abundance of caution is in the best interest of everyone at this time. 

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Residential sales in August continued to be stable and in line with levels over the last five years with 1, 573 sales occurring last month. Although national reports show a bounce back to record levels, Calgary has seen improvements over the lows recorded during the lockdowns but is not quite at said record levels. 


New listings are easing and it's helping chip away at existing inventory and the pace of the year-over-year decline has eased as inventory levels have trended up relative to levels recorded a few months ago. The months of supply has also risen compared to the past few months and now sits at four months which has slowed some of the monthly gains on prices. The residential benchmark price in August was $420,800 and is nearly 1% lower than last years’ levels. 


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