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Local Housing Market Shifts — Page 2

Calgary's real estate market is experiencing significant changes across multiple property types, with new construction slowing while resale inventory increases. Prices are adjusting downward in several sectors, particularly detached homes and apartments, as supply pressures mount against softening demand.

61D AGO

Calgary real estate shifts: 77% of homes sell at or below list

Buyers gain more power as price corrections take hold. Detached homes down 2%, condos down 7% year-over-year.
61D AGO

Calgary housing starts plunge 60% year-over-year

New home construction fell sharply in April, with 1,257 starts marking a steep decline across all housing types.