Residential sales activity in South Central Alberta slowed in the fourth quarter of 2022 compared to the fourth quarter of 2021. Residential property sales numbered 81 units in the fourth quarter of 2022, down significantly compared to the same quarter in 2021. Single detached home sales slowed 30.4% in the fourth quarter of 2022. Annually, residential property sales numbered 385 units in all of 2022. This was up 41.5% compared to the 272 units recorded in 2021.