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Calgary housing market sees lowest March inventory since 2006: CREB

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The Calgary Real Estate Board says last month delivered the market's lowest March inventory level since 2006 as home sales fell about 41 per cent from a year ago.

The Calgary Real Estate Board says last month delivered the market's lowest March inventory level since 2006 as home sales fell about 41 per cent from a year ago.

New listings amounted to 3,318, down about 40 per cent from the prior March, while inventory sat at 3,233, down 26 per cent from a year ago.The benchmark price, however, was up almost one per cent year-over-year to $541,800.

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