Calgary Real Estate Trends in June 2025: What Homebuyers Should Know

Calgary's Real Estate Landscape: Changes in Home Prices

Calgary's real estate market showed significant shifts in June 2025, with inventory levels rising to a total of 6,941 units. This brings inventory back to levels not witnessed since 2021, just before an influx of population growth began affecting the market markedly. According to recent data, there are now more properties available compared to the past months and years.

Understanding Current Market Trends

The rise in inventory has been particularly notable in the row and apartment styles, which have jumped over 30% compared to long-term trends. In contrast, detached and semi-detached homes saw slight increases that mirror typical levels. Ann-Marie Lurie, Chief Economist at CREB®, stated, “Supply has improved across rental, resale, and new home markets, allowing for more choice for those considering their housing options.” However, this improvement in availability comes amid persistent uncertainty regarding lending rates, which has made many potential buyers hesitant to enter the market.

Declining Prices: An Ongoing Concern?

The updated unadjusted benchmark price for homes in Calgary sat at $586,200 in June. This represents a decrease from the previous month and is over 3% lower than a year ago. Most of the decline in prices can be attributed to apartment and row style homes, both of which have dipped significantly compared to last year. Nevertheless, detached homes have largely stabilized in price, forming an intriguing contrast.

Spotlight on Detached Homes: A Mixed Picture

Sales of detached homes reached 1,194 units in June, marking a 6% decline compared to the previous year and the month before. Notably, this decline is more pronounced in higher-priced homes, which face increased competition from new builds. Location-wise, areas like the City Centre and North East faced declines of over 20%, while districts like the West and South East reported sales growth year-over-year, demonstrating the varied landscape within the urban real estate environment.

Semi-Detached Homes: A Trend Towards Balance

Sales activity for semi-detached homes has also been impacted, contributing to a year-to-date decline of nearly 12%. However, a picturesque change in the market dynamics shows a rise in new listings, which has enhanced inventory and conditions leaning towards a balanced market. With the benchmark price standing at $696,400, the semi-detached category exhibits mixed movements — with prices rising in the City Centre and dipping slightly in the North and North East districts.

The Bigger Picture: Future Predictions and Opportunities

As Calgary's home market evolves, various factors such as supply availability, buyer hesitance, and economic conditions continue to define its trajectory. The increased inventory offers a unique opportunity for buyers to exercise more choice, with the possibility of negotiating better deals as time unfolds. Looking ahead, real estate professionals suggest a careful balancing act between buyer confidence and the potential for price adjustments — especially in the apartment and row segments.

Embracing Community Insights for Informed Decisions

As prices fluctuate, it becomes increasingly important for residents to stay informed about changes in the real estate market. Engaging with local real estate agents, participating in neighborhood discussions, and attending community events can empower individuals to make informed housing decisions that reflect both personal and community values. The human stories woven into these transactions often highlight how integral our homes are to our lives, emphasizing the importance of choosing wisely.

In conclusion, the current state of the Calgary real estate market reveals both challenges and opportunities, necessitating a thoughtful approach from potential buyers and sellers alike. By staying connected and informed, our community can navigate this landscape together, fostering a vibrant environment where home and heart connect seamlessly.