Do you not understand percentages? Do you think there are only 1400 total two bedroom apartments in Calgary? The percentage change in available listings for sale does not in any way show you how many new units were created. Those are just how many people are currently trying to sell and don’t reflect net construction at all.
Calgary grew it’s population by 100,179 people in 2024 but it’s total housing completions were only 21,084 total units. Given that the average housing unit doesn’t even come close to having 5 people in it (the average is usually somewhere in the high 2s) that means the total supply per capita went down.
Do you not understand percentages? Do you think there are only 1400 total two bedroom apartments in Calgary? The percentage change in available listings for sale does not in any way show you how many new units were created. Those are just how many people are currently trying to sell and don’t reflect net construction at all.
Calgary grew it’s population by 100,179 people in 2024 but it’s total housing completions were only 21,084 total units. Given that the average housing unit doesn’t even come close to having 5 people in it (the average is usually somewhere in the high 2s) that means the total supply per capita went down.
Those stats are from the city itself: https://www.calgary.ca/content/dam/www/cfod/finance/documents/corporate-economics/housing-review/Housing-Review-Q4-2024.pdf
I really don’t know how you’ve managed to get so far in life given how bad you are at understanding math. I suspect you’re just lying to be honest.