Balanced Market Conditions Emerge

• Inventory: Rose to 5,876 units, more than double last year’s low, now aligned with typical April levels.
  
  

• Sales: Down 22% year-over-year to 2,236 units, but consistent with long-term averages.
  
  

• Months of Supply: Nearly 3 months, signaling balanced conditions overall.
  

Prices Stabilize Amid Growing Supply

• Detached:
  
  

  • Sales: 1,102 (↓16% YoY)
    
    

  • Benchmark Price: $769,300 (↑2% YoY)
    
    

  • Inventory: 2,511 units | Supply: 2.3 months
    
    

• Semi-Detached:
  
  

  • Sales: 190 (↓16% YTD)
    
    

  • Benchmark Price: $691,700 (↑3% YoY)
    
    

  • Inventory: 484 units | Supply: 2.6 months
    
    

• Row Homes:
  
  

  • Sales: Slowed (↓16% YTD)
    
    

  • Benchmark Price: $457,400 (flat YoY)
    
    

  • Inventory: 1,005 units | Supply: ~3 months
    
    

• Apartments:
  
  

  • Sales: ↓30% YoY
    
    

  • Benchmark Price: $336,000 (↓3% from peak)
    
    

  • North East seeing highest supply (7 months) and 2% price drop
    

Regional Highlights

• Airdrie:
  
  

  • Sales: 185 | Inventory: Up, 2.3 months of supply
    
    

  • Price: $544,700 (flat YoY)
    
    

• Cochrane:
  
  

  • Sales: Steady | Price: $592,000 (↑6% YoY, new high)
    
    

• Okotoks:
  
  

  • Sales: Down 16% YTD | Inventory: 127 units (still below average)
    
    

  • Price: $627,100 (↑2% YoY)