📉 Inventory Up, Prices Down (Sort Of): Calgary’s Housing Market is Finally Loosening Up 🏘️

Another month, another market update — and June 2025 is bringing some relief for home hunters in Calgary. If you’ve been praying for more listings and lower prices, your wish might be starting to come true. (Kind of.)

According to the latest Calgary Real Estate Board (CREB) stats, housing inventory continues to climb — both month-over-month and compared to last year.

🏡 Here’s the Big Picture

• By end of June, there were 6,941 homes for sale in Calgary — the highest since way back in 2021, before the city’s population boom kicked off.

• Sales are still following long-term trends, but new listings are piling in faster than they’re selling.

• That’s what’s helping push inventory up — finally.

📈 What Kind of Homes Are We Talking About?

It’s not just one segment. Inventory is rising across the board — but apartments and row homes are taking the spotlight:

• 📊 Inventory for apartments & row-style homes is now 30% higher than usual trends

• 🏠 Detached and semi-detached homes are up too, but not by as much

💸 Prices Are Slipping… A Bit

• The benchmark home price dropped to $586,200 in June

• Most of that dip is thanks to price drops in — you guessed it — apartments and row homes

Detached and semi-detached prices? Still holding steady. But if you’re in the market for a condo or townhome, this could be your moment to strike.

There’s currently about four months’ worth of supply in that segment — which officially gives us some buyer’s market vibes.

💬 What the Experts Are Saying

“Supply has improved across rental, resale, and new home markets, allowing for more choice,” said Ann-Marie Lurie, Chief Economist at CREB.

“But with lending rates stuck, economic uncertainty, and price concerns still lingering — many buyers are still waiting it out.”

📝 TL;DR: What This Means for You

✅ More listings = more choice
✅ Apartment & row home prices are softening
⚠️ Detached homes? Still pricey
⏳ Market is shifting — but slowly
📉 Still no full undo button for the last 4 years of price growth

Bottom line? Buyers finally have some breathing room — especially if you're looking at condos or townhouses. Sellers? It's time to price wisely and stay flexible.