CREB® releases Q2 2024 Calgary housing market report showing rise in new listings, with sales slowing by three per cent. Home prices have increased by 10 per cent this year, with row properties seeing the highest gain at 19 per cent. Chief Economist Ann-Marie Lurie notes migration surge impacting demand and supply challenges, expecting more balanced conditions ahead. Supply growth will help ease price pressures, especially in higher-priced properties, while tight conditions for affordable properties will drive further price increases.
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