Gains in Resale Supply Mostly Impact Apartment and Row Home Prices
As we move into the second half of 2025, Calgary’s housing market is seeing notable shifts—particularly in inventory levels and how those changes are affecting home prices. According to the latest data from the Calgary Real Estate Board (CREB®), inventory levels rose to 6,941 units in June, a level not seen since 2021, before Calgary’s rapid population growth and housing demand took off.
This return to more typical inventory levels has had a direct impact on certain market segments—especially apartment and row-style homes, where supply has grown over 30% above long-term averages.
June 2025 Market Highlights
- Inventory: 6,941 units (⬆️ MoM and YoY)
- Benchmark Price: $586,200 (⬇️ from May and ⬇️ over 3% YoY)
- Sales: Consistent with long-term trends, though down from recent months
- Biggest Inventory Gains: Apartment & row homes (⬆️ 30%+ vs. historical averages)
Supply Growth Brings More Choice—But Also More Pressure
“Supply has improved across rental, resale, and new home markets, allowing for more choice for those considering their housing options,” said Ann-Marie Lurie, Chief Economist at CREB®.However, with interest rates holding steady, persistent economic uncertainty, and concerns over future price declines, many potential buyers are holding back. As a result, the increased supply is starting to outpace demand, especially in the apartment and row home segments—creating conditions that now favor buyers in those categories.
Price Trends by Property Type
- 🏡 Detached Homes: Prices remain relatively stable, with balanced supply and demand.
- 🏘️ Semi-Detached Homes: Prices are still slightly higher than last year, reflecting tighter conditions.
- 🏢 Apartment & Row Homes: Prices have fallen over 3% YoY, with nearly four months of supply, shifting these segments into buyer’s market territory.
What This Means for You
For Buyers:If you’re shopping for a condo or row-style home, this may be your moment. Increased supply means more choices, better value, and room to negotiate.For Sellers:While it’s no longer a hot seller’s market, homes—especially detached and semi-detached—continue to hold value. Strategic pricing and strong marketing are more important than ever to attract qualified buyers in a more competitive landscape.Ready to Make a Move in This Evolving Market?
Whether you’re buying your first home, upsizing, downsizing, or investing—understanding these shifts is key to making a confident decision. As an experienced Calgary real estate professional, I’m here to help you navigate these market conditions with expert insights and a personalized plan.📞 Let’s connect today to talk strategy and take advantage of the opportunities this summer market has to offer.See in depth stats here.