March saw a 12.6 percent year-over-year drop in sales with the biggest drops seen in row housing and apartments for the twelvth straight month. New listings fell by 8.3% percent year-over-year. Inventory increased 4.4% percent year over year. The sales-to new listings held at 56 percent.
There were 2.85 months of supply in March, up 19.5 percent year-over-year. Calgary (2.87) and Edmonton (2.97) are continuing to see looser supply conditions, while Grande Prairie (1.36) and Medicine Hat (1.77) have the tightest conditions in the province. Lethbridge (+10%) and Medicine Hat (+10%) have the strongest year-to-date price growth, while Fort McMurray has fallen 1% year-to-date.
To read the full REPORT, visit MARCH 2026 MARKET REPORT & PUBLIC STATISTICS REPORT
SOURCE, AREA ALBERTA REAL ESTATE ASSOCIATION
To read more, visit AREA ALBERTA REAL ESTATE ASSOCIATION
