Find the Latest weekly Calgary Real Estate Market Statistics with the Real Estate Partners Team at Re/Max First 

May 2025 Calgary Real Estate Statistics Recap  

In May, Calgary’s housing market saw a 17% decline in year-over-year sales, largely due to a significant slowdown in the apartment condo segment. Despite the dip, the city still recorded 2,568 sales—an 11% increase over long-term averages and a step up from April.

New listings outpaced sales again this month, helping to push inventory levels even higher. However, because both sales and inventory rose together, the months of supply held steady at 2.6—maintaining a relatively balanced market.

“Sales are easing and inventory is rising across many Canadian cities right now,” said Ann-Marie Lurie, Chief Economist at CREB®. “But Calgary entered this period…

1862 Views, 0 Comments

Read Full Post

April 2025 Calgary Real Estate Statistics Recap  

Calgary’s housing market continued to shift toward balanced conditions in April, thanks to a surge in new listings. Inventory levels rose to 5,876 units—more than double the exceptionally low levels recorded last year, but in line with long-term averages for the month.

Sales reached 2,236 units in April, a 22% drop from April 2024, though still consistent with historical norms.

“While economic uncertainty has put some downward pressure on sales, we’re still outperforming levels seen during the tougher pre-pandemic years,” said Ann-Marie Lurie, Chief Economist at CREB®. “Our market has remained resilient due to strong migration, stable employment, and…

4079 Views, 0 Comments

Read Full Post

March 2025 Calgary Real Estate Statistics Recap  

Economic uncertainty, influenced by ongoing tariff concerns, weighed heavily on Calgary’s housing market in March. Sales dropped 19% compared to March 2024, with a total of 2,159 transactions across all property types. Higher-density segments such as apartment and row housing saw the most significant slowdowns. 

“This slowdown isn’t surprising given the current economic climate,” said Ann-Marie Lurie, Chief Economist at CREB®. “Even with the pullback, sales levels are still higher than what we experienced between 2015 and 2020, during a time of deeper economic hardship. The upside is that softer demand is being met with growing supply, which is helping…

819 Views, 0 Comments

Read Full Post

February 2025 Calgary Real Estate Statistics Recap  

Calgary’s housing market saw another month of significant inventory growth, with available listings rising 76% year-over-year to 4,145 units in February. While inventory increased across all price ranges, the most substantial gains were in homes priced under $500,000, largely due to growth in the more affordable apartment and row/townhouse segments.

The months of supply remained at 2.4, similar to January but more than double what was seen this time last year. Apartment-style units continued to have the highest supply levels, with 3.1 months of inventory.

Sales activity reached 1,721 transactions in February, staying above long-term averages for…

1644 Views, 0 Comments

Read Full Post

January 2025 Calgary Real Estate Statistics Recap 

Calgary’s housing market saw a notable increase in supply to start the year, with inventory levels reaching 3,639 units in January. While this marks a significant 70% year-over-year gain, inventory remains lower than the 4,000+ units typically available at this time of year. Supply grew across all property types, with the most substantial increases seen in apartment-style condominiums.

"Supply levels are expected to improve throughout the year, contributing to a more balanced market and slower price growth," said Ann-Marie Lurie, Chief Economist at CREB®. "However, supply adjustments vary by property type. Detached, semi-detached, and row homes remain…

1739 Views, 0 Comments

Read Full Post

December 2024 Calgary Real Estate Statistics Recap

Calgary’s real estate market closed 2024 with 1,322 sales in December, marking a 3% decline compared to last year but still 20% above long-term averages for the month. Overall, sales for the year were nearly on par with 2023, as gains in higher-priced homes balanced declines in the more affordable segments, which faced persistent supply constraints.

Ann-Marie Lurie, Chief Economist at CREB®, noted, “Population growth over the past several years has kept sales activity above historical trends. While sales could have been even stronger in 2024 with more options in the lower price ranges, we started to see market shifts in the second…

1109 Views, 0 Comments

Read Full Post

November 2024 Calgary Real Estate Statistics Recap

In November 2024, Calgary’s real estate market began to follow typical seasonal trends, with activity slowing as winter approached. Despite this, year-over-year demand remained strong. Sales for the month reached 1,797, matching last year’s levels and sitting 20% above the long-term average for November. 

Sales gains in detached, semi-detached, and row homes balanced out a decline in apartment condominium sales, highlighting varied demand across property types.

The most notable change was in inventory. November ended with 4,352 units available—a significant increase from the 3,000 units reported a year ago. However, inventory levels remain below…

787 Views, 0 Comments

Read Full Post

October 2024 Calgary Real Estate Statistics Recap

CREB® Chief Economist Ann-Marie Lurie noted, "Demand has remained relatively strong moving into the fourth quarter, with sales up from last month. However, activity could have been even stronger with more affordable options available. Although supply has improved over last year’s ultra-low levels, most of the gains are seen in higher-priced properties. As a result, market conditions are more balanced at the upper end, while seller's market conditions remain for lower to mid-priced properties." 

Over the past six months, an increase in new listings has supported inventory growth, with 4,966 units available in October—a significant rise from last year’s…

967 Views, 0 Comments

Read Full Post

September 2024 Calgary Real Estate Statistics Recap

In the start of October 2024, Calgary's real estate market saw a dip in sales, particularly in the lower price ranges. With 2,003 sales in September, the total was 17% below last year’s record but remained over 16% higher than the typical levels for September.

Chief Economist at CREB®, Ann-Marie Lurie, commented, "New listings are increasing, especially in higher price segments. Although demand remains strong across all price points, the limited availability of affordable homes may have prevented even stronger sales. While the lower-priced home market will likely continue to face challenges, the combination of improved supply and lower lending rates…

1238 Views, 0 Comments

Read Full Post

August 2024 Calgary Real Estate Statistics Recap

In August, inventory reached 4,487 units, a 37% increase compared to the same time last year, though still 25% lower than the typical levels for August. The increase in supply was largely driven by higher-priced properties, as more affordable homes across all property types continued to see a drop in availability. 

Ann-Marie Lurie, Chief Economist at CREB®, explained, "New home construction and additional listings are helping ease supply constraints in the housing market. However, while this trend may continue for the rest of the year, overall supply remains tight, especially for lower-priced homes. It will take time for the market to reach more balanced…

933 Views, 0 Comments

Read Full Post