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Hello Real Estate District,(Click here if you want to watch the video instead of reading)
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Alright, let’s talk REALITY—because if you’ve been feeling like the market has been just a little weird lately, you’re not alone.We’ve got rising inventory, fewer new listings, and buyers taking their sweet time. But guess what? This is exactly where opportunity lives.So let’s break it down—what’s happening, what’s coming, and how we win.
Alberta showings are up 2.5% week over week—momentum is creeping back.
Calgary showings? Down another 3.9% week over week.
Average showings per listing? Sitting at 2.8—meaning buyers are getting extra selective.
But check this out:
$500K - $700K homes still hold the most interest, making up 33% of total showings.
Luxury homes ($1.1M - $1.2M) saw an 11.4% jump in showings this week.So what does this tell us?
Buyers are still here, but they’re shopping with precision. If you’re overpriced or unprepared, you’re going to sit on the shelf.
Showings Are… Confused?
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Sales & Inventory: A Market in Transition
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- Sales follow showings by 2-3 weeks. So, with showings trending down since January, expect sales to slow.
- February sales are already trending 10% below the 10-year average.
- Listing inventory has climbed to 76% of normal levels.
- New listings? DOWN 14% compared to a typical February.
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Pricing & Negotiation: The Shift is Real
Now, let’s talk about what really matters—where the money is moving.
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THE OPPORTUNITY ZONE
So, what do we do with this?
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FINAL TAKEAWAY: WINNING IN A SHIFTING MARKET
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Steve Phillips