The graphs and numbers speak for themselves. April 2023 was a big month for resale real estate in the Calgary region. We are following the typical cycle of a hot spring market and our early spring/summer temperatures have started things early. Supply continues to be an issue with new building starts challenged. We need more new inventory to balance our local market and provide homes for people to live in. Until new housing starts improve, tight resale market conditions will remain. The big question is why are our new housing starts falling behind the rest of Western Canada?
