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Row
Row home sales continue to slow compared to last year in March, contributing to a first-quarter decline of 19 per cent. The 778 sales in the first quarter were met with 1,581 new listings, keeping the sales-to-new-listings ratio just below 50 per cent and supporting further inventory gains. In March, there were 960 units in inventory — 25 per cent higher than long-term trends — causing the months of supply to rise to nearly three months. While the row market is relatively balanced in most areas of the city, conditions are favouring the buyer in the North East district.
As of March, the unadjusted benchmark price in the city was $423,900, similar to last month and over six per cent lower than levels reported last year. After the first quarter, benchmark prices remain relatively comparable to levels reported in the previous quarter, as quarterly losses in the North East, North, South East and East districts offset the gains reported in the City Centre and West districts.
Apartment condominium
Supply levels continue to rise for apartment-style units. With 1,774 units in inventory, levels are just shy of the record high for the month reported during the financial crisis in 2008. New supply growth, along with a sharp pullback in sales relative to new listings, has contributed to the rise in resale inventories. With the sales-to-new-listings ratio hovering around 40 per cent and nearly five months of supply, it is not surprising that prices struggle to improve.
As of March, the unadjusted benchmark price was $300,300 — slightly higher than last month but over nine per cent lower than last year’s levels. After the first quarter of this year, apartment prices have eased by nearly three per cent compared with the fourth quarter of last year. While prices eased across all districts, the largest declines occurred in the South and North districts, both exceeding four per cent.
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Trends differ based on property type Calgary, Alberta, April 1, 2026– Supply conditions in March varied significantly depending on property type. Inventory levels saw a typical monthly ...
Row Row home sales continue to slow compared to last year in March, contributing to a first-quarter decline of 19 per cent. The 778 sales in the first quarter were met with 1,581 new ...
Airdrie With 135 sales and 251 new listings, the sales-to-new-listings ratio remained above 50 per cent, supporting modest improvements in inventory and keeping the market relatively ...
Cochrane Following a surge in February sales, activity in March eased. After the first three months of the year, sales totalled 235 units, comparable to levels reported last year. At ...
Okotoks Improving sales in March were not enough to offset earlier pullbacks, and the first-quarter sales eased slightly compared with last year. Meanwhile, new listings continued to ...
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