Courtesy of Ryan Torris

SUPPLY GROWTH WEIGHS ON HOME PRICES

CALGARY

AIRDRIE

BENCHMARK PRICE Current: $ 582,900 Last Mo.: -0.6 % Last Yr.:-3.9 %

BENCHMARK PRICE Current: $532,800

City of 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. Source: CREB ®

Last Mo.: -1.0% Last Yr.: -3.8%

DAYS ON MARKET

DAYS ON MARKET

46

37

NEW LISTINGS

NEW LISTINGS

3,911

306

ACTIVE LISTINGS

ACTIVE LISTINGS

6,917

543

SOLD LISTINGS

SOLD LISTINGS

2,099

160

Stats Reflective of July 2025 Source: CREB ®

Stats Reflective of July 2025 Source: CREB ®

Market values stated are of the average 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.

Market values stated are of the average of Airdrie. 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.

Please spread the word! Have friends or family moving? Don’t hesitate to pass them my info. P.S. I always take good care of my referring clients!

R yan T orris REALTOR ® - TOP PRODUCER - OWNER Real Estate Agent, 1forAll Charity Contributor 403.710. SOLD (7653) concierge@blackrockre.ca www.blackrockre.ca @blackrockre

201, 120 2nd Ave NE Airdrie, AB T4B 2N2

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