Pat Lanuke's Home Trends

Pat Lanuke

SUPPLY GROWTH WEIGHS ON HOME PRICES

BENCHMARK PRICE Detached $761,800

BENCHMARK PRICE Rowhouse $446,200

ACTIVE LISTINGS 6,917

SOLD LISTINGS 2,099

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: Calgary Real Estate Board | Market values stated are of the benchmark of Calgary and surrounding region. 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.

CLICK FOR FULL REPORT

Or Call With Your Real Estate Market Questions

403.510.7041