Residential sales in Lethbridge have increased by 7%, but the standout statistic is a 20% rise in sales volume, fueled by a 12% uptick in average sale prices. Homes are also selling more quickly, thanks to historically low inventory levels in 2024.
Looking ahead to 2025, the outlook remains strong, with expectations of continued price growth and limited inventory. Although new government initiatives aim to improve affordability, the local market's supply-and-demand dynamics suggest steady
price appreciation will persist.