Calgary Homebuyers Enjoy More Choices Amid Rising Supply

Calgary's housing market favors buyers, with 97% of neighborhoods selling homes below asking price by nearly $10,000 on average. Increased supply, especially condos, and slower population growth contribute to this trend. Over 20,000 homes were under construction early in the year, with new neighborhoods planned. Despite price drops, a strong economy supports affordability, benefiting first-time buyers.

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