You’ve probably heard how wild the housing market’s been. Well, things are changing. Calgary’s real estate market is shifting toward balanced and even buyer-friendly territory. If you’re looking to buy—your timing might be just right.
Here’s what’s really going on, what it means for you, and how to take advantage.
📊 The Numbers You Need to Know
Other headline stats:
In April 2025, inventory in Calgary reached 5,876 units, more than double compared to the previous year.
In May 2025, residential sales were 17% lower than May 2024.
CREB originally forecast 26,000 total sales for 2025 but later revised that down to ~23,000, citing economic uncertainty and slowing activity
What’s Driving the Shift
Supply is catching up
New listings are outpacing sales in many property types—especially row homes and apartments. That’s pushing up inventory and softening pressure on prices.Sales are cooling
Buyers are more cautious amid economic uncertainty. The drop in sales volumes gives buyers more leverage.Price pressure in denser segments
Apartments and row homes are taking the biggest hits—more competition, more supply, less upward price momentum. Detached homes are more resilient.Shift from seller’s market to more balanced
Conditions are less extreme now. In many segments, we’re seeing the return of negotiation opportunities, more flexibility on conditions, and slower pace.Forecasts are more cautious now
CREB expects minimal price growth in 2025—some segments may see slight declines.
Why Buyers Should Care
More breathing room
You don’t have to rush. Sellers are more open to negotiation because homes are staying on the market longer.Better match to needs
With more options, you can look for the features you really want—location, layout, condition—rather than just grab what’s left.Values shifting
Getting into apartments or row homes now may offer more upside, especially in areas where supply was thin before.Lower risk of overpaying
The market is less overheated. You’re less likely to be stuck in a bidding war over value.
Tips to Win in This Market
Get mortgage pre-approval before you dive in.
Take your time to view multiple properties and compare.
Ask for incentives: closing cost help, extras, or small repairs.
Focus on “off-peak” times (weekdays, later in month) when sellers may be more flexible.
Watch for segments with the most supply (apartments, townhomes)—they offer better deals now.
Final Word
Yes—Calgary homes are speaking your language. The market is shifting. The advantage is tilting. If you’ve been waiting for your moment—this is it.