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Calgary Homebuyers Enjoy More Choices and Softer Prices in May
Calgary's resale real estate market saw a nearly 16% drop in sales and a 3% decline in benchmark prices to $570,500 in May. Apartment condos led price declines, down over 9% to $300,400, with sales falling 30%. Row homes sales dropped 23%, prices down 6%. Single-family detached homes had a 6% sales decline and 2% price drop to $747,800. Semi-detached prices fell 1%, sales down 15%. Inventory remained flat, new listings decreased 13%.