In April, Calgary home sales increased 7.3% YoY, driven by affordable, higher-density properties; new listings rose 11.5% YoY and inventory levels dropped 16.2%.

In April, Calgary home sales rose 7.3% year-over-year, driven by an increase in affordable, higher-density properties, according to the Calgary Real Estate Board (CREB). New listings increased 11.5% year-over-year, and inventory levels dropped 16.2% compared to last year. Ann-Marie Lurie, CREB's chief economist, attributes the surge in demand for lower-priced properties to persistently high-interest rates.

May 01, 2024
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