Following months of surge, Calgary home prices stabilize

Calgary's real estate market shows signs of cooling with a 0.4% rise in aggregate home prices and a 1.2% increase for single-detached homes, while condo prices fell 1.6% due to new construction. Inventory is growing, creating a more balanced market and more buyer options. Despite slight sales dips, affordable homes in good locations still attract multiple offers. Edmonton's market is heating up, with prices expected to rise 7% soon.

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