Calgary Real Estate Blog

October 2025 CREB® Market Report: A-shift toward balanced terrain

As we move into late 2025, the Calgary-region housing market is showing clearer evidence of a transition. According to the CREB®’s October stats package, a growing supply of homes, slower demand in certain segments and nuanced price shifts are reshaping the playing field. CREB+2Facebook+2

Key numbers & what they mean

• Sales for October reached ~1,012 detached units — an improvement from September, but still about 5% lower than October of last year. CREB

• The city-wide benchmark price for all residential types in Calgary was ~$568,000, down nearly 1% from the prior month and about 4% lower than a year ago. CREB

• Inventory is building, especially in higher-density product types:

  • Row-style homes had ~1,054 units in inventory — a record high for October and ~6% lower benchmark price year-over-year. CREB

  • Apartment-condominium inventory soared to ~1,891 units, with ~5 months of supply and a benchmark at ~$318,200, down ~7% from October last year. CREB

• For detached homes: inventory remains more contained (~2,913 units) and supply levels remain closer to “balanced” (just under 3 months of supply) — benchmark ~$744,400, ~1% lower than last year. CREB

• Regionally, in the Airdrie market, inventory exceeded 535 units, months of supply continues over four months, and the benchmark price slipped to ~$520,400 (roughly 5% lower than a year ago). CREB

What’s driving the shift?

• Supply catching up: Listings continue to rise, especially in row- and apartment-style sectors, in part due to robust new-home construction and rental-market competition. As CREB® Chief Economist Ann‑Marie Lurie noted, “Additional supply choice is coming at a time when demand is slowing…” CREB+1

• Demand softening: While Calgary and region still benefit from favourable economic fundamentals compared to many Canadian markets, buyer urgency is easing. With more options and fewer bidding wars, negotiating power is shifting.

• Segment variation: The headwinds are strongest in row- and apartment-style homes — these segments are seeing the greatest oversupply and largest price adjustments. By contrast, detached homes (especially in preferred locations) remain relatively resilient.

• Regional differentiation: Sub-markets such as Airdrie and Cochrane are seeing elevated supply and downward pressure on prices, while some pockets of Calgary still maintain tighter conditions — location, price range and property type matter more than ever.

What this means for buyers & sellers (and how your Reeves & Associates team can help)

For sellers:

• If you’re listing a detached home in a preferred area, things remain relatively stable — but pricing strategy and presentation will be key to maintaining strong performance.

• For row homes or condos, more competition means you’ll need to differentiate your property, price competitively and be ready for longer days on market and greater negotiation.

• Timing matters — with supply increasing, the window for “instant premium” may be narrowing.

For buyers:

• The market is transitioning toward more balance — this gives you more room to negotiate, fewer bidding-wars and more time to make decisions.

• If you’re looking at condos or row-homes, you might find added value opportunities as those segments are under more downward pressure.

• Detached homes remain solid, but even here, smart buyers won’t assume full seller leverage.

For referral and relocation scenarios (e.g., Airdrie, cross-province moves, investment clients):

• In markets like Airdrie, inventory has risen and prices have slipped — good news for buyers relocating into the region, less competition and better value.

• For investment clients, rental-market dynamics (and rising supply) will need to be factored into purchase decisions.

Strategic tips for Reeves & Associates and our audience

• Educate clients: Provide this market update to set realistic expectations — especially for sellers expecting “2022-style” multiple offers and rapid price jumps.

• Target the property type & location: Use segment-specific messaging (e.g., “condo value alert”, “detached homes holding value”) rather than a one-size-fits-all approach.

• Highlight your team’s advantage: As a top-10 team in units and volume with eXp Realty Alberta, reinforce your ability to guide clients through changing conditions, whether it’s timing the listing, negotiating in a more balanced market or sourcing value buys.

• Tap referral opportunities: With the shift underway, now is a great time to engage previous clients and request referrals — many acquaintances may be holding off, unsure of what to do. Provide clarity, insights and an invitation to talk.

• Update marketing materials: Adjust “seller-market” language — instead use phrases like “balanced conditions”, “more choice for buyers”, “strategic pricing wins” to align with current reality.

In summary

The October 2025 CREB® data confirms what many in the market have sensed: we are firmly moving from a heated seller-market toward more balanced terrain — and in some segments, toward a buyer’s market. While detached homes in strong locations hold comparatively better, high-density products (row homes, apartments) are under the greatest pressure. For our clients at Reeves & Associates, this means our value isn’t just finding listings — it’s mastering timing, strategy, positioning and negotiation in a changing climate.

If you’re thinking about buying, selling or referring someone moving into the Calgary-Airdrie region, reach out and we’ll walk you through your specific neighbourhood, property type and optimal strategy in this evolving market.