Housing market in a city by Calgary sees inventory jump by 170%

Housing market in a city by Calgary sees inventory jump by 170%

If you're on the hunt for a house just outside of Calgary, a new report has revealed one city is seeing its housing market undergo changes.

Balanced conditions bring relief to Calgary's housing market: CREB

After years of tight supply and fast-rising prices, Calgary’s housing market is showing signs of stabilization this spring. According to the Calgary Real Estate Board, inventory levels jumped to 5,876 units in April, more than double what was available at this time last year. While that might sound dramatic, CREB says it’s important to remember that supply in 2024 was exceptionally low, and this year’s inventory is much more in line with histori…