Calgary Real Estate Market Update – March 2025
March 2025 brought significant changes to Calgary’s housing market, with ongoing economic uncertainty influencing buyer confidence and sales activity. The impact of tariff concerns and broader economic factors led to a 19% drop in home sales compared to the previous year, with a total of 2,159 transactions recorded. While this slowdown affected all property types, the most significant declines were seen in higher-density segments, such as apartments and row homes.
Despite this decline, Ann-Marie Lurie, Chief Economist at CREB®, emphasized that sales remain stronger than they were during the economic challenges of 2015 to 2020. The pullback in demand has been met with an increase in new listings, leading to higher inventory levels. This shift is helping the market transition from a strong seller’s market into more balanced conditions.
Inventory and Pricing Trends
March saw over 4,000 new listings, reducing the saleE ...