Home sales: Calgary down 17 per cent in May

 

 

The Calgary Real Estate Board reports that home sales in Calgary fell 17 per cent in May as economic uncertainty continues to weigh on the housing market. The board says 2,568 homes were sold in Calgary in May. There were 4,842 new listings on the market last month, up 11.6 per cent from a year ago.

The city’s inventory stands at 6,740 homes. The residential benchmark price last month was $589,900. That’s about three per cent below the May 2024 level.