May 2025 Market Statistics
According to CREB®, Calgary’s housing market saw a 17% drop in home sales this May compared to last year, mainly due to fewer apartment condo sales. Despite the decline, sales were still above long-term averages. Inventory is gradually increasing, helping to shift the market from a strong seller’s market toward more balanced conditions. While prices for detached and semi-detached homes remain steady and higher than last year, apartment and row homes have seen small price dips due to more competition from new builds and rentals.
To see the full report, go to www.creb.com/housingstatistics
