Calgary Housing Market Split | Calgary News

Calgary’s real estate market is splitting in two: detached homes and semi-detached properties are holding steady, while townhouses and apartments are crashing—with sales down 23% and 20% respectively, and prices falling nearly 8%. The culprit? Overwhelming supply, especially in apartments and condos, combined with fewer new residents moving into Alberta. New listings are also down, and it’ll take time for the excess inventory to clear before stability returns to the higher-density sector. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/68079574ad6061ac