Interprovincial migration helps fuel tight Calgary housing market as inventory falls

Construction workers toil inside the Barron Building as crews convert it from office space to residential apartments in Calgary, Tuesday, Dec. 12, 2023.THE CANADIAN PRESS/Jeff McIntosh

New listings fell 4.3 per cent to 3,172 and there were 2,532 units in inventory, 22 per cent lower than last year and half the levels traditionally seen in March. The board says inventory levels declined the most for homes priced below $500,000. A distillery in Parkland County is being internationally recognized for outstanding whisky production – and one bottle in particular is getting all the attention.Google agreed to destroy billions of data records to settle a lawsuit claiming it secretly tracked the internet use of people who thought they were browsing privately.

OPP officers are investigating a crash involving a mini-van and horse-drawn carriage that sent several people, including children, to the hospital.Multiple people, including children, injured in horse-drawn carriage crash in Melancthon

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Interprovincial migration helps fuel tight Calgary housing market as inventory fallsThe board says 2,664 units changed hands last month, while the benchmark price across all home types was $597,600 for March – up 10.9 per cent from a year earlier and two per cent from February
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Interprovincial migration helps fuel tight Calgary housing market as inventory fallsCALGARY — The Calgary Real Estate Board says March home sales were up 9.9 per cent from last year as interprovincial migration to Alberta contributed to tight market conditions.
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