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Calgary home sales fell 22.3% in April, impacted by economic uncertainty, yet prices remain stable.
Calgary's home sales dropped 22.3% in April compared to last year, according to the Calgary Real Estate Board, which was affected by economic uncertainty. Despite the decline, sales levels remain above pre-pandemic levels due to migration, stable jobs, and lower interest rates. The benchmark home price fell 1.4% to $591,100, as the market shifts towards balance but struggles with lower-priced homes.
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