November 3, 2025
RED FM News Desk
Home sales in Calgary dropped 13 per cent in October compared with a year earlier as prices also declined, the Calgary Real Estate Board said Monday.
The board reported 1,885 properties changed hands last month, bringing year-to-date sales to 20,082 — down nearly 16 per cent from the same period last year but consistent with longer-term trends.
New listings totalled 3,233, a 0.9 per cent decrease from October 2024, while overall housing inventory rose 30.2 per cent to 6,471 active listings.
CREB chief economist Ann-Marie Lurie said most of the sales slowdown was concentrated in the apartment and row-style home categories. She said improved rental supply and easing rents have softened ownership demand in those segments, with excess supply “weighing on prices more so than any other property type.”
The city’s residential benchmark price fell 4.1 per cent year-over-year to $568,000, led by declines in row and apartment-style units.
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