📍 Calgary Market Update  June & July 2025

Calgary’s housing market is shifting gears. Here’s what savvy buyers and sellers need to know:

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🏘️ Inventory Keeps Climbing

By the end of June, 6,941 homes were on the market a 83% increase over last year, returning to pre‑2021 levels. This surge is fueled by increased listings in apartments and townhouses, where inventory now exceeds long-term trends by more than 30% .

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📉 Sales Are Cooling

Home sales dropped 16–17% year-over-year in both May and June—yet they remain slightly above long-term monthly averages. Despite the slow down, buyer interest is still present but fewer multiple offer scenarios.

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📊 Prices Are Stabilizing  With Pockets of Decline
• Benchmark price slid to $586,200, down 3.6% from June 2024, largely dragged by condos and row homes.
• Detached homes remain steady at around $764,300—under 1% change YoY .
• Row homes benchmark dropped to $450,300, down 3% YoY, with 4 months of supply .
• Apartments benchmark sits at $333,500, off ~3.3% YoY, with high inventory and slower sales .

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🧭 What Buyers Should Do
• More options = more power: With growing supply, you can be more selective and negotiate favorable terms.
• Look in underrated segments: Detached homes are holding value, but row and condo buyers have more leverage right now.

🏠 Advice for Sellers
• Pricing is everything: Use this balanced environment strategically. Overpriced listings may linger.
• Staging + presentation matter: Even well-priced homes may get lost when inventory is high.

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🔮 What’s Coming Next

CREB forecasts 26,000+ sales in 2025, around 20% above historical trends, thanks to steady demand and easing supply . But with inventory rising and price growth moderating, strategic planning is more important than ever.

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✅ Final Word

June’s data marks a clear shift toward a balanced market, ending the seller-driven conditions of recent years. Whether you’re buying or selling, now is a time to act thoughtfully. Pricing, timing, and negotiation will drive success.

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Want a personalized strategy?
Contact Itani Estates—Calgary’s trusted partner for market-savvy real estate decisions.