Calgary's market is slow. There just aren't many people buying homes. Sales are down 19% from last year, and down 25% from the long term averages. The combination of new mortgage rules, a still recovering economy, and a long winter have caused most Calgarians to still put in their home. Selling a home right now can be frustrating. Even dropping the price drastically doesn't guarantee a sale when buyers are few. Here's a quick look at the most important market stats. Keep in mind that 3 months of inventory is the tipping point between a buyer's and seller's market.

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