7 months ago

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The Calgary real estate market saw a major shift in February, with inventory levels rising by 76% year-over-year, reaching 4,145 units. While sales slowed compared to last year, they remained above historical averages, and the largest price increases were seen in the Northwest district, where home prices surged by $40,000 in just 60 days.

New listings increased to 2,830 units, helping to ease some of the tight conditions seen in previous months. However, demand remains strong for affordable homes under $500,000, especially in the apartment and townhouse sectors. The months of supply now sits at 2.4 months, more than double the levels from last year but still lower than what is typically seen in a balanced market.

The unadjusted benchmark price for total residential homes reached $587,600, relatively stable compared to late 2024 and 1% higher than last year. While price growth has slowed in some areas, districts like the Northwest saw some of the largest gains, highlighting how different segments of the market are performing.

What does this mean for buyers and sellers moving forward? Will prices continue to rise, or is this the start of a shift towards a more balanced market?

#CalgaryRealEstate #YYCHomes #HousingMarket #RealEstateInvesting #CalgaryHousing #AdamFyfeRealEstate #HomePrices #MarketUpdate #YYCRealtor #CalgaryRealtor #HousePrices #BuyOrSell #CanadaRealEstate

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📚 Video Chapters 📚

00:00 - Will Calgary Housing Crash in 2025?
00:37 - Adam Fyfe, Calgary Real Estate Agent
01:16 - Is Calgary Real Estate a Buyer's Market?
02:07 - What’s Happening in the Calgary Housing Market?
03:51 - How much are homes in Calgary right now?
04:46 - Will Calgary House prices decrease in 2025?
06:43 - Breaking Down the Housing Sales in Calgary
08:00 - Looking at all the New listings in Calgary Housing Market
08:45 - How much Inventory does the Calgary Real Estate Market have?
10:55 - How much Demand is there in the Calgary Real Estate Market?
12:50 - Calgary Real Estate Property Type Price Breakdown
14:13 - How much is my house worth in Calgary?
14:41 - How much are homes all around Calgary?
17:10 - Future Predictions for the Calgary Real Estate Market in 2025