Calgary housing market, July 2025: supply growth weighs on prices
The benchmark is 4% below the June 2024 peak. The biggest supply gains are in newer communities.
Berg Estate Team blog
News & Insights – Page 7
Calgary real estate market news, our monthly market updates and new videos from the Berg Estate Team: Tom Berg and Valery Berg, REALTORS® with eXp Realty.
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Bank of Canada holds at 2.75% for a third time as GDP likely shrank in the spring
Instead of a forecast, the Bank used three tariff scenarios. Shelter inflation is still the main contributor but easing.
CREB launches YYC Votes 2025: the housing issues it wants on the ballot
CREB opposes blanket rezoning and further tax hikes, and will host a mayoral candidates' forum in September.
Airdrie, Cochrane, Okotoks and Chestermere in June 2025: Airdrie supply tops three months
Okotoks had an 87% sales-to-new-listings ratio. Chestermere had over four months of supply.
Calgary housing market, June 2025: row and condo markets tilt toward buyers
Row and apartment inventories are over 30% above long-term trends, with nearly four months of supply.
CREB spring 2025 update: condo prices to fall 2%, detached stable
Sales eased more than expected, and inventory doubled over 2024, bringing resale supply back toward normal.
CREB® foundation gives $1 million to Calgary Dream Centre for 56 affordable homes
The three-storey building will house vulnerable women and mothers with children. Funding arrives over three years, ending in 2027.
Alberta keeps growing while Canada’s largest provinces shrink in early 2025
The interprovincial gain was smaller than in the first quarters of 2024 and 2023.
Bank of Canada holds at 2.75% for a second meeting
Exports pulled forward ahead of tariffs boosted growth, while final domestic demand was roughly flat.
Airdrie, Cochrane, Okotoks and Chestermere in May 2025: Airdrie prices dip below last year
Okotoks inventory is still nearly 28% below long-term trends, while new construction adds choice in Airdrie.
Calgary housing market, May 2025: condo and row prices slip below last year
Detached and semi prices are still above last year. The North East has nearly four months of detached supply.
Ottawa proposes GST relief of up to $50,000 for first-time buyers of new homes
A $1.25 million home would get a 50% rebate of up to $25,000. The measure is expected to save $3.9 billion over five years.