Should You Buy a House in Calgary Alberta?
Should You Buy a House in Calgary Alberta?
Calgary Real Estate Market Overview – July 2025
If you’re planning to buy a house in Calgary Alberta, July’s market data offers important insights that could shape your next steps.
According to the latest reports from CREB®, Global News, REP Calgary Homes, and Canadian Mortgage Trends, the Calgary real estate market is entering a cooling but more balanced phase, particularly beneficial for well-prepared buyers.
Key Market Indicators – July 2025 (Average from Multiple Sources)
| Metric | Value | Trend |
|---|---|---|
| Home Sales | 2,099 | ▼ 11–12% YoY |
| New Listings | 3,911 | ▲ 8–8.6% YoY |
| Active Inventory | 6,917 | ▲ 66% YoY |
| Benchmark Home Price | $582,900 | ▼ 3.9% YoY |
| Months of Supply | 3.3 | ▲ 88% YoY |
Data Source: CREB®, Canadian Press, REP Calgary Homes, Global News
What’s Driving These Numbers?
1. Supply Surge in New Communities
Inventory has jumped to levels not seen since before the pandemic. This increase is largely due to new construction in emerging communities in North Calgary and the Northeast. Developers have responded to previous market tightness by bringing more homes to market — and fast.
2. Buyers Regain Negotiating Power
With supply up and sales down, the market is now shifting in favor of buyers — particularly in the apartment and row home segments. Homes are spending longer on the market, and bidding wars are no longer the norm for many property types.
3. Prices Softening in Specific Segments
While the total benchmark price sits at $582,900, not all home types are equal. Apartments and row houses are seeing the largest price declines, whereas detached and semi-detached homes remain more stable.
What It Means if You’re Planning to Buy a House in Calgary Alberta
This is a more favorable time for buyers, especially first-time buyers and those looking for entry-level homes or condos. With more inventory to choose from and less competition, you can:
- Take time to compare homes
- Negotiate better terms
- Possibly buy below the peak prices seen in 2024
But don’t wait too long — interest rates and economic shifts could change the dynamics again.
Final Thoughts
Whether you’re upsizing, downsizing, or buying your first home, July’s market data signals a key window of opportunity in Calgary.
If you’re ready to explore your options and want personalized guidance:
👉 Book a free consultation with a local REALTOR®
Get expert advice, a custom list of homes, and step-by-step support.
Related Resources:
Looking to buy a house in Calgary Alberta?
Now may be the best time in months to make your move.