JULY 2025 MARKET UPDATE
Posted on Jul 03, 2025 in Market Updates
Gains in resale supply mostly impact apartment and row-style home prices.
Inventory levels in June continued to rise, both over last month’s and last year’s levels. By the end of the month, inventory reached 6,941 units, returning to levels reported in 2021, or prior to the surge in population growth. While sales have remained consistent with long-t...
CREB® CALGARY SPRING 2025 REPORT
Posted on Jun 23, 2025 in Market Updates
The Calgary Real Estate Board (CREB®) has released its spring 2025 housing market update, an overview of the state of the real estate landscape in Calgary and surrounding areas. The report updates the forecast for 2025 that CREB® released in January, highlighting trends in sales, pricing, the economic forces that are currently affecting the market...
JUNE 2025 MARKET UPDATE
Posted on Jun 02, 2025 in Market Updates
Price adjustments begin, but are mostly driven by apartment and row style homes.
Thanks to steep pullbacks in the apartment condominium sector, total residential sales in Calgary eased by 17 per cent compared to May of last year. While the drop does seem significant, the 2,568 sales this month remain 11 per cent higher than long-term trends for May...
MAY 2025 MARKET UPDATE
Posted on May 02, 2025 in Market Updates
Balanced Conditions Take Pressure Off Prices
A boost in new listings this month relative to sales caused April inventories to rise to 5,876 units. While this is more than double the levels reported last year, supply last year was exceptionally low and current levels are consistent with levels we traditionally see in April. Sales in April reached 2,2...
APRIL 2025 MARKET UPDATE
Posted on Apr 01, 2025 in Market Updates
Uncertainty is weighing on the housing market.
Ongoing economic uncertainty, driven by tariff threats, has weighed on consumer confidence and impacted housing activity in March. Sales declined by 19 percent year-over-year, totaling 2,159 units. Sales slowed across all property types, with the steepest decline in higher-density segments.
“It is not a...
MARCH 2025 MARKET UPDATE
Posted on Mar 04, 2025 in Market Updates
Sales remain above long-term trends despite declines.
Inventory levels saw substantial year-over-year growth for the second month in a row, rising by 76 percent to 4,145 units in February. While inventory increases were seen across all price ranges, the largest increases were in homes priced under $500,000.
The increase was driven by substantial grow...