Despite a rise in listings last month, Calgary’s resale housing market remains firmly entrenched
in sellers’ market conditions.
The Calgary Real Estate Board’s latest data shows that even though more buyers listed their
homes in May, it wasn’t enough to offset demand. While overall months of supply increased to
just over two months, it wasn’t enough to lower prices. Last month’s unadjusted benchmark
price reached $455,200 – one percent higher than last month and...