Calgary home sales drop again in June as inventory keeps piling up: board
- The Calgary Real Estate Board reported that home sales fell 16.5 per cent in June 2025 with 2,286 properties changing hands across the city.
- This decline followed a surge in inventory last month, with new listings up 11.2 per cent to 4,223 and total homes for sale rising 83.2 per cent to 6,941 units.
- Bryon Howard of eXp Realty explained a Seton Grove S.E. house took 101 days to sell after reducing its asking price twice, finally accepting $670,000 from buyers unwilling to negotiate.
- CREB chief economist Ann-Marie Lurie said increased supply, stagnant lending rates, and buyer uncertainty are keeping many off the market, especially affecting apartment and row homes prices.
- These factors suggest a continued buyer’s market with abundant choice and downward pressure on prices, as Calgary’s inventory returned to levels last seen before recent population growth.
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Calgary home sales drop again in June as inventory keeps piling up: board
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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