Calgary's MLS listings are "totally out of whack," surpassing 10,000 in April and growing by the day while sales are slumping.
Listings for single-family homes and condominiums have hit an all-time record.
April MLS sales of single-family homes (1,363) in Calgary metro were the lowest for the month since 2000 while condo activity (581 sales) was the slowest since 2003 -- even before the years immediately leading up to the city housing market boom in 2006 and 2007.
