Found 2 blog entries tagged as calgary real estate board.

Inventory levels in June continued to rise, both over last month 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-term trends despite a decline from recent months, higher levels of new listings compared to sales have contributed to the inventory gain.

All property types have reported gains in inventory, but both row and apartment style homes reported inventory levels over 30 per cent higher than long term trends, while supply for detached and semi-detached units are only slightly higher than typical levels. “Supply has improved across rental, resale and new home markets, allowing for more…

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May 2025 - Calgary and Area Real Estate Stats 

 

Residential sales in Calgary dropped 17% compared to May 2024, driven mainly by a slowdown in apartment and condo activity. Despite the dip, May saw 2,568 sales—still 11% above the long-term average and an improvement over April.

New listings continue to climb, boosting inventory. However, similar increases in sales helped keep months of supply steady at 2.6—signalling a more balanced market.

According to Ann-Marie Lurie, CREB® Chief Economist, Calgary’s shift toward balance contrasts with other major cities where markets were already under pressure before recent economic uncertainty. Locally, this shift is easing price pressure.

Inventory gains have created a split market: some segments face…

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