📉 Calgary Real Estate Market Update – May 2025
Residential sales eased 17% year-over-year, mainly due to a slowdown in the apartment condo sector. But here’s the silver lining: sales are still 11% above long-term May trends and inventory gains are helping the market shift into more balanced territory.
🏡 Detached and semi-detached home prices remain stable and higher than last year, while increased supply in apartments and row homes is putting slight pressure on prices.
đź“Š Benchmark price: $589,900
📦 Months of supply: 2.6 (balanced market)
“Easing sales and rising inventory are creating healthier market dynamics and taking pressure off prices,” says Ann-Marie Lurie, CREB® Chief Economist.
➡️ Want to know how this impacts your buying or selling plans? Give me a call
📱403-585-5362
✏️Data sourced from Calgary Real Estate Board.
May 2025 CREB Calgary Real Estate Full Report
May 2025 CREB Calgary REGION Real Estate Full Report
#CalgaryRealEstate #MarketUpdate #calgaryrealestatemarket #CalgaryHousing #RealEstateTrends
Comments:
Post Your Comment: