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Calgary home sales down 9 per cent in August as high inventory driving price declines: CREB

Globalnews Digital September 02, 2025 1 min read
Global News
Calgary home sales down 9 per cent in August as high inventory driving price declines: CREB
AI Article Summary

Calgary experienced a 9% decline in home sales this August compared to last year, according to the Calgary Real Estate Board. The high inventory levels in the market are contributing to this drop in the average selling price of homes. Overall, the real estate market in Calgary is facing challenges with decreasing sales and price reductions.