The Calgary Real Estate Board while sales are growing in the upper end of the market, the same hasn't been seen in lower price ranges as the rental market becomes more favorable.

The study out of Concordia University looks at how policy reform could impact Canadian housing supply in Calgary, Vancouver, Toronto and Montreal.

For the past several years, former Calgary realtor Eric Drinkwater admitting to carrying out a bridge financing fraud scheme - resulting in millions of dollars in losses.

There were 4,223 new listings on the market last month, up 11.2 per cent from a year earlier.

The City of Calgary said much of the increased demand for and value of residential housing is being driven by increased migration.

The CREB says the benchmark price across all home types was $596,900 for September, slightly lower than the previous month but 5.5 per cent higher than September 2023.

A study done by Rates.ca is reporting half of Calgary families will have to make a least $11,000 more in order to afford an average priced home.

The Calgary Real Estate Board says August home sales dropped 19.5 per cent from last year's record levels as 2,186 properties changed hands.

The board says the benchmark price across all home types was $606,700 for July, similar to last month and nearly eight per cent higher than last year.

The Calgary Real Estate Board says June home sales fell 12.8 per cent from last year as 2,738 properties changed hands, driven by declines in lower-priced homes.