May Kickoff: Listings Are Loosening, Demand's Still Brewing

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Alright team—it’s May, and things are moving.

The Spring market didn’t exactly kick in like a stampede… more like a slow clap. But here we are, and it’s finally building momentum. Alberta’s clawing back, Calgary’s shifting gears, and the signs are clear: the late Spring market is taking shape.Let’s dive in.

 Showings: A Bit of Tug-o-War

• Alberta showings are crawling back with a 3% gain week over week.
• Calgary showings dipped 2%, but that’s not the whole story…
   The $600K–$800K range was up 12%,
   The $1.2M–$1.3M segment spiked 19%!
  Why? Simple—those were the price points with the biggest increase in new listings.
   Supply shows up → Buyers show up. Funny how that works.

 Sales: Up, Up, and in That Mid-Range Sweet Spot

• Calgary sales were up 2.6% week over week,
• Biggest boost? The $600K–$800K range again—proving that when inventory meets demand, deals get done.

And as lower-priced listings start hitting the market (finally), we could be unlocking the move-up crowd who’s been stuck in limbo.

 Inventory: The Ice is Melting

 Overall inventory is sitting at 89% of our normal levels, and it’s getting better by the week. The big win?
Listings between $200K–$700K are up 65% week over week.
Yes, you read that right—sixty-five percent.
That’s a game-changer for both entry-level buyers and move-up sellers. And if the first week of May is any indicator, we’re on track for a higher-than-average month for new listings.

 Months of Supply: Still Tight, Still Competitive

• We’re holding steady at 2.8 months of supply.
  That keeps us squarely in balanced territory, but don’t let that label fool you—
  If a home is priced right and looks sharp, it’s still pulling multiple offers.

 Especially in those $400K–$700K brackets where buyer demand hasn’t blinked.

 Pricing Pressure Still Real

With new listings coming, we might see some pricing plateaus… but so far, prices continue to edge upward—especially in the mid and upper ranges.If demand stays hot and confidence builds, don’t be surprised to see bidding battles return to the under $600K crowd.

 Opportunities in This Market

 Move-Up Buyers—The Window Just Opened
Now that under-$700K inventory is rising, this could be the best moment to make the leap. Sellers in the $600K–$800K Range—You’re in the Driver’s Seat
Listings are rising, but so is buyer activity. If you prep it right, you’ll still get action. First-Time Buyer Listings—Strike While Supply is Catching Up
There’s still time to beat the full Spring flood. List now, and stand out. Investors—Watch the $200K–$400K Range Like a Hawk
The listings are coming… but so are the buyers. Be first. Not fastest.

 Final Takeaway: Late Spring is Loading—And It’s Looking Strong

 Showings are stabilizing.
 Sales are climbing.
 Inventory is showing up in all the right places.
 And buyers? Still ready—just waiting for the right match.So here’s your play:
Get your buyers prepped. Get your listings polished. And get ahead of the late-Spring curve.

 Happy Selling