2025 marked a transition year in Calgary’s housing market, shifting from seller-dominated conditions toward more balanced market dynamics as supply improved and demand eased. CREB
Supply gains outpaced declines in demand, particularly in higher-density segments, helping increase choice for buyers and moderate price growth. CREB
📊 Monthly Highlights — December 2025
Total Residential Sales: ~1,126 units, down roughly 15% from last year. CREB
New Listings: ~1,219 units, slightly lower than last December. CREB
Inventory: ~3,860 active listings (about 29% higher than last year). CityNews Calgary
Benchmark Price (Total Residential): $554,700 (down ~5% YoY). CityNews Calgary
📌 By Property Type (Dec 2025)
Detached Homes: $726,900 benchmark (down ~3% YoY), 587 sales. CREB
Semi-Detached: $666,800 (down ~2% YoY), 96 sales. CREB
Row / Townhomes: $421,300 (down ~6% YoY), 171 sales. CREB
Apartment / Condos: $303,600 (down ~7% YoY), 272 sales. CREB
📈 Annual Trends (2025)
Total sales in 2025: ~22,751 units (about 16% lower than 2024 but still consistent with long-term norms). CREB
New listings in 2025: ~40,709 (up ~9% YoY), pushing inventory higher and fostering balanced conditions. CREB
Annual average benchmark price: ~$577,492, roughly 2% lower than 2024. CREB
Detached and semi-detached annual prices were up slightly, while row homes and condos experienced price declines due to excess supply and competition from new construction. CREB
📌 Market Takeaways
Balanced market: 2025 saw a shift toward more balanced conditions across segments, especially as inventory improved and demand softened. CREB
Condo & row markets felt the most price pressure due to higher supply levels. CREB
Detached and semi-detached markets recorded mild gains over the full year, showing continued resilience. CREB
District differences: Areas with higher new-build activity (e.g., North East) saw larger price adjustments. CREB
