Calgary housing market sees lowest March inventory since 2006: CREB

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 Alberta board says sales in Calgary for the month totalled 2,432, but have slowly begun to climb from the start of the year. 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 average price was almost unchanged last March as it e