Calgary home sales down 9% in August as high inventory driving price declines: board

Calgary real estate prices declining, driven by increased supply

Demand for homes in Calgary is still strong, but an increase in supply is driving down prices and almost doubling available inventory over last year, according to a report from the Calgary Real Estate Board (CREB).

Calgary home sales down 9 per cent in August as high inventory driving price declines: CREB

Both the number of homes sold and the average selling price of a home declined slightly in August, compared to a year earlier, according to the Calgary Real Estate Board.

Calgary home sales down 9% in August as high inventory driving price declines: board

The Calgary Real Estate Board says home sales in the city declined 8.8 per cent in August compared with last year but remained above long-term trends.

Calgary home sales down 9% in August as high inventory driving price declines, board says

The Calgary Real Estate Board says home sales in the city declined 8.8 per cent in August compared with last year but remained above long-term trends, reflecting relatively strong demand.

Calgary row houses, condos under price pressure: CREB

A surge in housing supply is reshaping Calgary’s market, continuing to put downward pressure on prices, according to the latet data from the Calgary Real Estate Board. The August 2025 report, released Tuesday, shows apartment-style condos and row-style homes are seeing the sharpest drops, while detached and semi-detached properties are posting only modest declines. The unadjusted total residential benchmark price was $577,200 in last month, down…