In line with seasonal trends, inventory has risen from the start of the year, reaching 6,752 units in May. While these levels are consistent with last May, they remain 11 percent higher than longer-term trends for the month, thanks to higher supply levels of apartment and row-style homes.
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In line with seasonal expectations, both sales and inventory levels trended up relative to March’s activity. Despite this typical monthly rise, April sales totalled 2,104 units, six percent lower than levels reported in 2025.
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The 1,720 sales in September were not high enough to offset the 3,782 new listings coming onto the market, driving further inventory gains as we move into the fall.
There were 6,916 units in inventory in September, 36 percent higher than last year and over 17 percent higher than levels traditionally reported in September. Both row and apartment style homes have reported the largest boost in supply compared to long-term trends.
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Thanks to gains mostly occurring in the newer communities, inventory levels in July were 6,917 units, reaching levels not seen since prior to the pandemic and higher than long-term trends. While supply has improved across all property types and all districts, the largest gains are occurring in the areas where there has been new community growth.
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Thanks to steep pullbacks in the apartment condominium sector, total residential sales in Calgary eased by 17 per cent compared to May of last year. While the drop does seem significant, the 2,568 sales this month remain 11 per cent higher than long-term trends for May and improved over last month.
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A boost in new listings this month relative to sales caused April inventories to rise to 5,876 units. Although this is more than double the number reported last year, last year’s supply was exceptionally low, and current inventory levels are consistent with what we typically see in April. April sales reached 2,236 units—22 percent below last year’s levels but in line with long-term trends.
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We saw something refreshing last week: a calm, predictable bond market. After the rollercoaster we’ve had in recent months, stability like this brings clarity—and that’s fantastic news for anyone navigating mortgages and housing right now.
But let’s look forward. We’ve compiled some insightful forecasts from Mortgage Professionals Canada (MPC) that provide a glimpse into where Alberta’s housing market is headed next.
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Calgary’s real estate landscape is changing. The demand for inner-city infills has never been higher as buyers shift away from sprawling suburbs in favour of luxury, space, and convenience in established neighbourhoods. But today’s homebuyers aren’t just looking for any infill. They want homes that blend high-end design with functionality, maximize space, and offer an elevated urban lifestyle.
So, what’s driving this shift? And more importantly, what are buyers looking for in a modern infill home? Let’s dive in.
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In a market that continues to show resilience, May saw a total of 3,092 resale home sales. While this figure is nearly one percent below last year’s record high, it is 34 percent higher than long-term trends for the month.
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Sales in April rose by seven per cent compared to last year, to 2,881 units. While the pace of growth did ease compared to earlier in the year, sales remain 37 per cent higher than long-term trends for the month. Much of the growth in sales has occurred for relatively more affordable, higher-density products.
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