🏘In February, Calgary’s housing market saw a significant year-over-year increase in inventory, with the most notable growth in homes under $500,000, particularly apartments and townhouses.
📈Despite this surge, sales declined from last year, though they remained above historical averages. We are seeing a shift away from the strong seller’s market of recent years.
📈With an unadjusted benchmark price of $587,600—only 1% higher year-over-year—price growth has slowed, welcome numbers for buyers new to the market.
Note: February 2024 had 29 days, February 2025 had 28 days - this affects the number of sales recorded.
Data sourced from Calgary Real Estate Board.
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February 2025 CREB Calgary Real Estate Full Report
February 2025 CREB Calgary REGION Real Estate Full Report
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