Calgary home sales in December 2024 decreased by 2.9% from the previous year, totaling 1,322 transactions, yet remained nearly 20% above long-term trends. The benchmark price for homes was $583,300, down 0.8% from November but up 3.2% year-over-year. New listings fell by 0.7%. Overall sales in 2024 were close to last year's levels, with higher-priced homes offsetting declines in lower price ranges. Supply challenges and population growth influenced market dynamics, with expectations of continued supply issues impacting prices in 2025.
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