Over the years, I’ve noticed that some Calgary communities seem to remain consistently desirable through changing market conditions while others experience sharper swings in pricing,,
Calgary Housing Market Update – October 2025 (CREB® Summary)
Dated: November 10 2025
Views: 496
Released November 3, 2025 • Calgary, Alberta • CREB® summary
Inventory Levels in October
Citywide inventory eased to 6,471 units, declining from September as new listings pulled back and sales picked up month-over-month.
- Detached & Semi-Detached: Inventories align with relatively balanced conditions.
- Row & Apartment: Inventories remain elevated, with record-high October levels reported for row-style properties.
Key Takeaway: Supply pressure is concentrated in the multi-family segments, while detached supply remains comparatively stable.
Market Conditions (Months of Supply)
The city returned to roughly 3.5 months of supply in October (down from ~4 in September).
- Detached: Just under ~3 months of supply → relatively balanced.
- Semi-Detached: Just over ~3 months → more balanced than last month, higher than last year.
- Row: Around ~4 months → elevated supply relative to demand.
- Apartment: Near ~5 months → buyer’s market conditions.
Key Takeaway: Conditions are not uniform: balance persists in detached and semi-detached, while row and apartment segments continue to favour buyers.
Sales and New Listings
Year-to-date sales: 20,082 (down nearly 16% YoY), still in line with longer-term trends.
- Sales softness is concentrated in row and apartment segments. CREB notes that improved rental supply and easing rents have slowed ownership demand in these categories.
- Detached: 1,012 sales in October (up from September, down 5% YoY); 1,593 new listings; sales-to-new-listings ratio ~64%; inventories trended down m/m.
- Semi-Detached: Sales improved vs last month; new listings eased; inventories held roughly stable.
Key Takeaway: Overall activity has rebalanced rather than broadly weakened; multi-family demand has moderated in response to better rental alternatives.
Price Trends by Property Type
Total residential benchmark: $568,000 (down ~1% m/m; down over 4% YoY).
- Detached: $744,400 (≈ -1% YoY); conditions remain relatively balanced overall; district results vary (e.g., City Centre up ≈2% YoY; North East down >5% YoY).
- Semi-Detached: $683,100 (+~1% YoY) despite recent softening.
- Row: $431,200 (down >1% m/m; -~6% YoY); highest October inventory on record; months of supply ~4.
- Apartment: $318,200 (down >1% m/m; -~7% YoY); months of supply near 5; buyer’s market conditions for ~6 months.
Key Takeaway: Detached and semi-detached pricing remains comparatively resilient, while row and apartment pricing continues to adjust under elevated supply and moderated ownership demand.
Byron Henry
I’m Byron Henry, a Calgary real estate agent with a background in software development, data analysis, and residential real estate investing. That combination shapes how I approach property deci....
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