Sales, new listings fall as COVID-19 makes selling a home more difficult

Calgary's housing market is feeling the effects of COVID-19, but the Calgary Real Estate Board (CREB) says a decline in sales and new listings should keep home prices from plummeting in the city. CREB said Tuesday the month of March started strong but the situation changed dramatically once COVID-19 hit the province. As a result, sales activity had fallen 11 per cent compared to last year and the drop in sales pushed March to its lowest record since 1995, CREB said. The number of new listings in