New listings in Okotoks remained relatively low compared to last year. While the pullback in sales did help support some improvements in inventory levels, the 68 units available in January are still half the levels that were available prior to the pandemic. Limited supply has driven up much of the price gains in this market since 2021. As of January, the unadjusted benchmark price was $614, 900, a slight gain over last month and nearly 5 percent higher than last year. (Data source CREB).