April 2019 Real Estate Market Update

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April 2019 Real Estate Market Update

Warmer weather did not improve market activity in Calgary. Number of new listings fell by 12% but decreased inventory didn’t help prices. In April residential benchmark price was $415,900. This is slightly higher than last month but still 5% lower than last year’s levels.
Sales were only improving in lower price ranges.

Detailed sales data for all sectors is below.

Source: CREB

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