Calgary’s sales have dropped from last year while inventory is on the rise!
Home Prices
Calgary’s home prices decreased by 0.4% compared to last month and increased by 0.9% compared to February of 2024.
What is a benchmark price? The benchmark price is the estimated value of a “typical” home in a community, based on the most popular combination of features, e.g. age, size, number of bedrooms and bathrooms.
Sales and Inventory
Sales for the month dropped by over 19% compared to 2024, but inventory rose by over 75% since last year!
Data provided by the Calgary Real Estate Board. For more information, visit their website.