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Supply growth weighs on home prices

Aug. 01, 2025

Calgary, Alberta, August 1, 2025 –Thanks to gains mostly occurring in the newer communities, inventory levels in July were 6,917 units, reaching levels not seen since prior to the pandemic and higher than long-term trends. While supply has improved across all property types and all districts, the largest gains are occurring in the areas where there has been new community growth.  
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Gains in resale supply mostly impact apartment and row style home prices

July 02, 2025

Calgary, Alberta, July 2, 2025 – 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.
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Price adjustments mostly driven by apartment and row style homes

June 02, 2025

Calgary, Alberta, June 2, 2025 – 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 and improved over last month.

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Balanced conditions take pressure off prices

May 01, 2025

Calgary, Alberta, May 1, 2025 – A boost in new listings this month relative to sales caused April inventories to rise to 5,876 units. Although this is more than double the number reported last year, last year’s supply was exceptionally low, and current inventory levels are consistent with what we typically see in April. April sales reached 2,236 units—22 per cent below last year’s levels but in line with long-term trends.

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Uncertainty weighing on housing market

April 01, 2025

Calgary, Alberta, April 1, 2025 – Ongoing economic uncertainty, driven by tariff threats, has weighed on consumer confidence and impacted housing activity in March. Sales declined by 19 per cent year-over-year, totaling 2,159 units. Sales slowed across all property types, with the steepest declines seen in higher-density segments.

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Sales remain above long-term trends despite declines

March 03, 2025

Calgary, Alberta, March 4, 2025 – Inventory levels saw substantial year-over-year growth for the second month in a row, rising by 76 per cent 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.

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Supply levels improve in January

Feb. 03, 2025

Calgary, Alberta, February 3, 2025 – Following three consecutive years of limited supply choice, inventory levels in January rose to 3,639 units. While the 70 per cent year-over-year gain is significant, inventory levels remain lower than the over 4,000 units we would typically see in January. Inventories rose across all property types, with some of the largest gains driven by apartment-style condominiums.

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CREB® Unveils 2025 Forecast Calgary and Region Yearly Outlook Report

Jan. 21, 2025

City of Calgary, Jan. 21, 2025 – The Calgary Real Estate Board (CREB®) is pleased to announce the release of its 2025 Forecast Calgary and Region Yearly Outlook Report. This comprehensive report, prepared by CREB® Chief Economist Ann-Marie Lurie, provides an in-depth analysis of Calgary’s economic and housing market trends for the upcoming year.

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2024 marks another strong year for sales and price growth

Jan. 02, 2025

Calgary, Alberta, January 2, 2025 – The year ended with 1,322 sales in December, a three per cent decline over last year, but nearly 20 per cent higher than long-term trends. Overall sales in 2024 were just shy of last year’s levels, as gains for higher-priced homes offset pullbacks in the lower price ranges caused by supply challenges.

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Supply on the rise, but not across all price ranges

Dec. 02, 2024

Calgary, Alberta, December 2, 2024 – As we transition into winter, Calgary's housing market is following typical seasonal trends, with activity slowing compared to the fall. However, year-over-year demand remains relatively strong. In November, increased sales in detached, semi-detached, and row homes offset a decline in apartment condominium sales. The 1,797 sales for November mirrored last year’s levels and remained 20 per cent above long-term trends for the month.

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