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Calgary housing market closed out 2025 with 14% fewer home sales in December: board
The supply surge driven by record-high starts and more condominiums increased inventory by 28.9%, causing a 4.7% drop in the residential benchmark price, CREB said.
- On Jan. 2, 2026, the Calgary Real Estate Board reported last month home sales fell year-over-year, with 1,126 homes changing hands.
- CREB described 2025 as a market transition, noting record-high starts boosted supply while Ann-Marie Lurie, CREB chief economist, said condominium and row-home supply grew higher than expected.
- Inventory climbed to 3,860 homes for sale, even as new listings in December fell 1.5% year-over-year in the City of Calgary.
- Facing easing demand and higher supply, CREB said increased condominium and row-home availability lowered prices enough to offset detached and semi‑detached gains amid reduced migration and spring uncertainty.
- Published on Jan. 2, 2026, the year-end data show CREB said 2025 was a transition year, aided by record-high starts that boosted supply entering the new year.
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Total News Sources11
Leaning Left6Leaning Right1Center1Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
13%
12%
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