US EditionCalgary home sales drop again in June as inventory keeps piling up: board
CALGARY, ALBERTA, CANADA, JUL 2 – Calgary's home inventory rose 83% in June, pushing prices down 3.6% and reducing sales by 16.5%, as buyers gain more options amid market uncertainty, CREB reported.
- The Calgary Real Estate Board reported that home sales dropped 16.5% to 2,286 units in June 2025 while inventory surged to 6,941 homes for sale.
- This decline followed an 11.2% year-over-year increase in new listings, driven by improved supply across resale, rental, and new home markets, creating more buyer choice.
- The benchmark price for homes fell 3.6% to $586,200, with significant regional price drops exceeding 3% in apartment and row-style segments, while detached prices remained stable.
- Ann-Marie Lurie, chief economist at CREB, noted that availability has increased in the rental, resale, and new housing sectors, providing more options for people exploring their housing choices.
- An increase in available properties, together with stable lending rates and ongoing doubts about the market, has led many prospective buyers to hold back, particularly impacting prices for apartments and row-style homes.
24 Articles
24 Articles
The Toronto Star
Calgary home sales drop again in June as inventory keeps piling up: board
CALGARY - The Calgary Real Estate Board says home sales in the city decreased 16.5 per cent in June compared with last year as higher levels of new listings led
Here’s what’s driving Cochrane’s housing market right now
Cochrane home prices continue to rise as inventory builds heading into summer. CochraneNow.captiontext { font-size:90%;font-style: italic;margin-right:20px; } Cochrane's real estate market saw little change in overall sales compared to the same time last year, according to the latest report from the Calgary Real Estate Board (CREB). "Gains for detached and semi-detached sales were offset by pullbacks for row and apartment units," says the CREB u…
Calgary housing inventory surges 83% since last year: CREB
New listings in Calgary surged in June while sales slowed, with supply rising to levels not seen since 2021, according to the Calgary Real Estate Board. By the end of the month, inventory reached 6,941 units, an increase of 83% year-over-year, CREB reported in its monthly release Wednesday. Inventory climbed 3% from May to June. A total of 4,223 new listings hit the market in June, up 11% from June 2024, while sales declined 16.5% last month, t…
Coverage Details
Bias Distribution
- 78% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
