Home supply up, prices down slightly in Airdrie

Housing market activity in Airdrie remained balanced in February with 122 sales and 236 new listings, resulting in a 52% sales-to-new-listings ratio. Inventories increased slightly, exceeding long-term trends, with just over three months of inventory available. The benchmark price was $512,200, stable from January but down 5% year-over-year, influenced by competition from new homes and greater supply in nearby areas.

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