Courtesy of Ryan Torris

GAINS IN RESALE SUPPLY MOSTLY IMPACT APARTMENT AND ROW STYLE HOME PRICES

CALGARY

AIRDRIE

BENCHMARK PRICE Current: $ 586,200 Last Mo.: -0.6 % Last Yr.:-3.6 %

BENCHMARK PRICE Current: $538,300

City of Calgary, July 2, 2025 Inventory levels in June continued to rise, both over last month and last year’s levels. By the end of the month inventory reached 6,941 units, returning to levels reported in 2021, or prior to the surge in population growth. “Supply has improved across rental, resale and new home markets, allowing for more choice for those considering their housing options,” said Ann-Marie Lurie, Chief Economist at CREB ® . “The additional choice combined with no further declines in lending rates, persistent uncertainty and concerns of price adjustments is keeping many potential purchasers on the sidelines. This is weighing on home prices, especially for apartment and row style homes.” The unadjusted benchmark price was $586,200 in June, lower than last month and over three per cent lower than last year. Much of the citywide decline was driven by apartment and row style homes, which are over three per cent lower than last year.

Last Mo.: -0.4% Last Yr.: -2.9%

DAYS ON MARKET

DAYS ON MARKET

35

33

NEW LISTINGS

NEW LISTINGS

4,223

324

ACTIVE LISTINGS

ACTIVE LISTINGS

6,941

518

SOLD LISTINGS

SOLD LISTINGS

2,286

164

Source: CREB ®

Stats Reflective of June 2025 Source: CREB ®

Stats Reflective of June 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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