Calgary Real Estate Update: What July’s Numbers Mean for Buyers & Sellers

The latest July stats are in, and they’re showing a shift in Calgary’s real estate market—one that could impact your next move, whether you’re buying or selling.

Inventory levels have jumped to 6,917 units—the highest we’ve seen since before the pandemic. Most of this increase comes from new builds in growing communities, adding fresh choice for buyers and changing the balance of power in the market.

With this added supply, the city-wide benchmark price is now 4% below last year’s peak, marking the first notable softening in some time.

What’s Happening by Property Type

🏠 Detached Homes
Balanced conditions are slowly returning. The current benchmark sits at $761,800, holding relatively stable in most areas. That said, some districts—like the North East—are seeing price drops of up to 5%.

🏘️ Semi-Detached Homes
Supply is up here too, but prices remain steady, with some areas even showing slight increases.

🏢 Row Homes & Apartments
This segment is feeling the most pressure. With high inventory and stiff competition from the new home market, prices are sliding—especially in the North and North East.

What This Means for Buyers

The good news? More choice and more leverage.
If you’ve been frustrated by low inventory over the past few years, now’s your time to explore the market without the intense competition we’ve seen recently. Some property types and areas are offering more negotiating room than they have in years.

What This Means for Homeowners

Now is the time to get strategic. With more listings on the market, buyers are comparing options closely. Whether you’re thinking about selling, holding, or renting, timing and pricing are going to matter more than ever. Presentation, marketing, and a sharp pricing strategy will be key to standing out.

🕰️ Looking Ahead: Fall 2025 and Into 2026

Based on current trends, here’s what we can expect:

• Elevated supply continuing into the fall

• Slower sales compared to the spring rush

• Softer price growth in many areas

• Longer days on market—especially in newer communities with a lot of competition

If lending rates remain steady or start to drop in early 2026, we could see a renewed wave of buyer activity. But it’s likely to happen in a more balanced, inventory-rich market—a welcome change for many buyers after years of tight conditions.

Final Thoughts

The Calgary market is shifting toward balance, and that’s good news for those who’ve been waiting for more options. If you’re buying, you have more breathing room. If you’re selling, strategy is everything.

Not sure what your next move should be? Let’s chat. I can walk you through the numbers for your specific property type and area—and help you plan for success in this evolving market.