Courtesy of Matthew Dekort

Supply Growth Weighs on Home Prices

$329,600 apartment DOWN 4.8% year-to-year

$761,800 detached DOWN 0.8% year-to-year

BENCHMARK PRICES

$446,200 rowhouse DOWN 3.9% year-to-year

3,911 NEW LISTINGS 2,099 SOLD LISTINGS

detached 1,888 1,014 apartment detached 1,031 508 apartment

53.67% SALES TO NEW LISTING RATIO

37 DAYS ON MARKET

3.3 MONTHS OF INVENTORY

6,917 ACTIVE LISTINGS

Calgary, August 1, 2025: Inventory levels in July were 6,917 units, reaching levels not seen since prior to the pandemic and higher than long-term trends. While supply has improved across all property types and all districts, the largest gains are occurring in the areas where there has been new community growth. “Price declines are not occurring across all property types in all locations of the city, and even where there have been declines, it has not erased all the gains made over the past several years,” said Ann-Marie Lurie, Chief Economist at CREB ® . “The steepest

price declines have occurred for apartment and row style homes, mostly in the North East and North districts, which coincides with significant gains in new supply.” In July, there were 2,099 sales, a 12 per cent decline over last year, while new listings reached 3,911 units, an over eight per cent increase over last year. Statistics reflect market activity in July 2025 | Source: CREB ® Calgary Real Estate Board. Market values stated are of the benchmark of the city of Calgary. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

Matthew Dekort B.Comm., ABR ® , SRES ® Cell: 403.680.2729 | www.MatthewDekort.com | Matthew@MaxWellExpertsPlus.ca

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