Calgary Housing Market Update (Fall 2025)

Trends in the Calgary Housing Market

The Calgary housing market expects to see a slight decrease in sale price of two to three per cent, with number of sales expected to be slower than they were in 2024, but still relatively higher than those in past years. Calgary in Q4 2024 experienced a buyer’s market in apartment condos, whereas detached is moving to a balanced one. Inventory in apartment condos has increased substantially and is expected to continue rising, exerting downward pressure on overall prices. In contrast, detached homes are likely to maintain relatively stable inventory levels. 

Families continue to drive sales in the Calgary housing market, a trend expected to persist throughout the year. Villas catering to buyers aged 50 and over remain in strong demand, particularly among the boomer demographic. However, an oversupply of inventory—especially in the condominium sector—is creating a surplus of listings, and while sellers have yet to adjust expectations, price reductions are becoming increasingly common. Increased collaboration between provincial and federal governments to bring oil and gas to more global markets is expected to support job creation, economic security and long-term prosperity for Calgary. 

First-time homebuyers are generally trending older, as financing requirements, inflationary pressures, rising home prices and the broader economic uncertainty contribute to slower market entry. Many of these buyers are relying on financial support from family to attain homeownership. Despite the overall slower market, conditional sales have not increased, and sales contingent on the buyer’s home remain minimal. However, if inventory continues to rise and sellers face greater difficulty attracting buyers, such conditional arrangements may become more common.