Calgary Real Estate Community Reviews

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please rewrtie keep simple so I can cut and paste no funny characters Executive Summary In December 2025, the Calgary housing market continued to show signs of balanced conditions. The market experienced a 14.8% year-over-year decline in sales, with 1,126 homes changing hands. At the same time, inventory increased by 29% from the previous year, reaching 3,860 units. The overall benchmark home price for Calgary was $554,700, representing a 4.7% year-over-year decrease and a 0.8% monthly decline. The average home price of $607,149 increased 0.3% compared to last December but decreased 1.4% from November. The median price of $555,000 increased 0.4% year-over-year and decreased 0.9% from the previous month. The sales-to-new-listings ratio was 92% (due to seasonal factors), and months of supply reached 3.4 months—maintaining the balanced conditions seen in recent months. Average Prices Calgary’s average home price in December 2025 was $607,149, showing a 0.3% increase compared to last December and a 1.4% decrease from November. By Property Type: By Property Type: Detached homes: $774,263, down 2.8% year-over-year and up 2.5% from November Semi-detached homes: $663,064, up 1.1% annually and up 0.4% monthly Townhouses: $433,951, down 3.2% year-over-year and down 2.8% from November Apartments: $335,653, down 6.4% compared to last December and down 6.7% from November Average home prices do not show the true extent of price changes because of the substitution effect. When changes in home prices or mortgage rates reduce consumers' buying power, they shift their purchases to more affordable options and conversely, when such changes increase their buying power. As a result, especially over the medium and long term, the average price can underrepresent house price inflation or deflation. Moreover, luxury homes have a disproportionate impact on average prices, and fluctuations in the number of luxury home sales lead to corresponding fluctuations in average prices. There has been a continued change in the property types that Calgary buyers purchase. Over the past years, the composition of home sales in the Calgary real estate market shifted toward condos while shifting away from detached houses. Although this trend has partially reversed since March 2024, when the share of detached sales reached its lowest value and the share of apartment homes reached its peak.