Calgary Housing Market Update – November 2025

Market Balances Heading Into Winter

As we move into the winter months, Calgary’s housing market is showing more balanced conditions across most segments. Seasonal slowdowns in sales and listings are in line with expectations, but inventory levels remain elevated—28% higher than last year and about 15% higher than typical for this time of year.

According to Ann-Marie Lurie, CREB® Chief Economist, higher supply has been driven mainly by row and apartment-style homes, with some of this additional stock coming from the new homes sector. Detached and semi-detached properties, however, remain in more balanced territory.

Overall, the benchmark price across all property types was $559,000, down nearly …

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