01/05/2026
A new year, and a clear view of where the market is sitting 🏡☀️
Last month’s numbers give us a helpful snapshot as we head further into January — a quieter month, but an important one for planning ahead.
Swipe for a quick snapshot of the Calgary market and what it could mean if a move is on your radar this year!
𝟐𝟎𝟐𝟓 𝐡𝐨𝐮𝐬𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐡𝐢𝐟𝐭𝐞𝐝 𝐭𝐨 𝐦𝐨𝐫𝐞 𝐛𝐚𝐥𝐚𝐧𝐜𝐞𝐝 𝐜𝐨𝐧𝐝𝐢𝐭𝐢𝐨𝐧𝐬 | 𝐂𝐚𝐥𝐠𝐚𝐫𝐲, 𝐀𝐥𝐛𝐞𝐫𝐭𝐚, 𝐉𝐚𝐧. 𝟐, 𝟐𝟎𝟐𝟔 –
Following several years of strong price growth, 2025 marked a year of transition thanks to strong demand and limited supply. Due to record high starts, supply levels improved across all aspects of the housing market, just as demand pressure eased due to a reduction in migration levels and heightened uncertainty that persisted throughout the spring market. This helped shift the resale market from one that favoured the seller to one that was more balanced.
In 2025, sales reached 22,751 units, down 16 per cent over last year, but in-line with long-term trends. Much of the shift came from the growth in supply. 2025 saw over 40,000 new listings come onto the market, nine per cent higher than last year, causing inventories to rise and driving more balanced conditions.
“Supply levels were expected to rise in 2025. However, the growth was higher than expected especially for apartment condominium and row homes. This weighed on prices in those sectors enough to offset the annual gains reported for both detached and semi-detached homes,” said Ann-Marie Lurie, CREB®’s Chief Economist. “Adjustments in both supply and demand varied across the city, with pockets of the market continuing to experience seller’s market conditions versus some areas where the conditions favoured the buyer. This resulted in different price trends based on location, price range and property type.”
