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Housing market in Calgary and Central Alberta cools as sales decline and inventories rise.
The housing market in Calgary and Central Alberta is experiencing shifts, with sales slightly declining in Central Alberta and moving toward balance in Calgary.
Industry expert Ann-Marie Lurie predicts the market will cool due to factors like rising inventories, especially for higher-priced homes, slowing migration, and increased rental units.
Despite strong March sales, the market is expected to normalize.
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El mercado de la vivienda en Calgary y Alberta central se enfría a medida que disminuyen las ventas y aumentan los inventarios.