Hello Real Estate District,
The showings and activity normally has a large increase in the first half of March. With Total inventory at 79% of normal—it's better than last month, but still not enough to see the numbers we normally see in March.
New listings are STILL down 11% compared to a typical February.
Months of supply is climbing, which should slow price growth…
BUT because it’s happening due to a lack of inventory, well-priced homes are still getting multiple offers. Translation? If a listing is priced right, buyers are ON it.
Sellers Need to Move NOW – Less competition + more active buyers = prime time to list. The ones who price strategically will sell fast and for top dollar.
Move-Up Buyers Have an Edge – Inventory is creeping up, but competition is still manageable. If you’ve got buyers looking to move up, now is their window.
Buyers Need to Pull the Trigger – The best-priced homes are still getting multiple offers—if buyers wait, they’re losing.
Luxury Listings Need More Attention – Higher-end showings are still solid—if you’ve got a $1M+ listing, now’s the time to push it.
Buyers are active. They just need more options.
Sellers who price right are still in the driver’s seat.
If new inventory doesn’t pick up, it’s only going to get more competitive when it finally does.So let’s stay ahead of it. Get those sellers off the fence, get buyers moving before competition ramps up, and keep this momentum rolling. Happy Selling!
(Click here if you want to watch the video instead of reading)Alright, team—let’s talk.This market is hanging on like a cat on a screen door—buyers are showing up, sales are climbing, but inventory? Still playing hard to get.Here’s what’s happening:
Showings have been picking up week over week after that February slowdown.
Sales have followed suit, now just 2% shy of the 10-year average.
New listings? Still down 11%.That means the market’s got energy, but it’s getting held back by a lack of fresh listings—and that’s where the opportunity is.
Alberta showings up 3.7%—buyers are still out there, but they don’t have enough to look at.
Calgary showings are up 1% week over week—small gain, but steady.
Showings per listing dropped slightly to 2.95— with less new inventory this is primarily new buyers coming to market.
What we’re seeing: Buyers are waiting for good listings to hit.
Showings have been picking up week over week after that February slowdown. Sales have followed suit, now just 2% shy of the 10-year average. New listings? Still down 11%.That means the market’s got energy, but it’s getting held back by a lack of fresh listings—and that’s where the opportunity is.
Showings & Sales: Holding, But Hungry for More
Alberta showings up 3.7%—buyers are still out there, but they don’t have enough to look at. Calgary showings are up 1% week over week—small gain, but steady. Showings per listing dropped slightly to 2.95— with less new inventory this is primarily new buyers coming to market. What we’re seeing:- The early February slowdown is behind us—showings and sales are both climbing.
- Sales are gaining momentum, but they can only go so far without new listings.
Buyers are waiting for good listings to hit.
Listings & Inventory: We Need More Homes!
The showings and activity normally has a large increase in the first half of March. With Total inventory at 79% of normal—it's better than last month, but still not enough to see the numbers we normally see in March. New listings are STILL down 11% compared to a typical February. Months of supply is climbing, which should slow price growth… BUT because it’s happening due to a lack of inventory, well-priced homes are still getting multiple offers. Translation? If a listing is priced right, buyers are ON it.
Where’s the Opportunity?
Sellers Need to Move NOW – Less competition + more active buyers = prime time to list. The ones who price strategically will sell fast and for top dollar. Move-Up Buyers Have an Edge – Inventory is creeping up, but competition is still manageable. If you’ve got buyers looking to move up, now is their window. Buyers Need to Pull the Trigger – The best-priced homes are still getting multiple offers—if buyers wait, they’re losing. Luxury Listings Need More Attention – Higher-end showings are still solid—if you’ve got a $1M+ listing, now’s the time to push it.
Here’s the Play:
Buyers are active. They just need more options. Sellers who price right are still in the driver’s seat. If new inventory doesn’t pick up, it’s only going to get more competitive when it finally does.So let’s stay ahead of it. Get those sellers off the fence, get buyers moving before competition ramps up, and keep this momentum rolling. Happy Selling!