Is It a Buyer’s Market for Calgary Single-Family Homes?

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Calgary’s detached housing market just saw a major shift. For the first time since 2020, months of supply hit 3 months, signalling more balanced conditions. Sales dropped to 1,031 units in July while new listings surged nearly 10% over last year.

Inventory continues to rise—especially in the North East, where months of supply hit over four months. As a result, prices are adjusting. The detached benchmark price sits at $761,800, down slightly year-over-year, with some districts like the City Centre still seeing growth, while the North East and East dropped by 5%.

Let’s break it all down and look at what this could mean heading into the fall season.

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Contact Adam Fyfe:
🏢 eXp Realty Canada
💻 Email: Realty@AdamFyfe.com
📱 Phone: 403-561-8747

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