Are you curious about how Calgary’s real estate market stacks up against national trends as we approach the final quarter of 2025? Whether you’re a seasoned investor, a first-time buyer, or simply intrigued by the dynamics of Canada’s housing landscape, understanding these regional and national shifts is crucial. In this blog post, we’ll delve into the nuances of Calgary’s market compared to broader Canadian trends, providing you with insights to navigate the evolving real estate terrain.

Calgary’s Housing Market: A Snapshot

As of August 2025, Calgary’s housing market presents a balanced outlook. The average home price in Calgary stood at $572,600, reflecting a 2.3% year-over-year decrease. This decline is part of a broader trend observed in the city, with various property types experiencing different levels of price adjustments.

Detached Homes

Detached homes in Calgary saw an average price of $686,600, marking a 0.3% year-over-year decrease. Despite this slight dip, detached homes remain a popular choice among buyers, offering more space and privacy.

Townhouses and Condominiums

Townhouses and condominiums experienced more significant price adjustments. Townhouses had an average selling price of $452,500, down 3.3% year-over-year, while condominiums averaged $332,600, reflecting a 5.6% year-over-year decrease. These shifts indicate a changing buyer preference, possibly influenced by affordability considerations and lifestyle choices.

Market Dynamics

The sales-to-new-listings ratio (SNLR) in Calgary was 58%, indicating a balanced market. This balance suggests that neither buyers nor sellers have a distinct advantage, leading to more stable pricing and negotiation conditions.

National Real Estate Trends: A Broader Perspective

Nationally, Canada’s real estate market is exhibiting signs of cooling. The Canadian Real Estate Association (CREA) reported that the national average home price is forecasted to decline by 1.7% annually to $677,368 in 2025. This downturn is primarily driven by markets in Ontario and British Columbia, where high prices and reduced investor activity in the condominium market continue to weigh on demand.

Regional Variations

While Ontario and British Columbia face challenges, other provinces are experiencing more stability. For instance, Quebec’s housing activity has slowed less than in other parts of Canada, supported by more market momentum and more stable buyer sentiment. Similarly, the Prairies, including Alberta, are witnessing tighter market conditions, leading to healthier price growth compared to other regions.

Inventory and Sales Trends

Nationally, the number of home sales recorded over Canadian MLS® Systems edged up 1.1% on a month-over-month basis in August 2025. However, this uptick is modest and varies significantly across provinces. The increase in active listings by 21.4% compared to August 2024 suggests that while sales are rising slightly, inventory levels are also climbing, which could exert downward pressure on prices if demand doesn’t keep pace.

Comparative Analysis: Calgary vs. National Trends

When comparing Calgary’s real estate market to national trends, several key differences emerge:

• Price Adjustments: Calgary’s average home price decline of 2.3% is slightly steeper than the national forecast of 1.7%. This indicates that Calgary may be experiencing a more pronounced cooling phase.

• Market Balance: Calgary’s balanced market, with an SNLR of 58%, contrasts with the national trend of increasing active listings, which could lead to a buyer’s market in other regions

• Regional Strength: While Ontario and British Columbia are facing challenges, Alberta’s tighter market conditions suggest that Calgary’s real estate sector is relatively more resilient 

Key Takeaways

• Calgary’s Market: Exhibits a balanced state with slight price declines, indicating a stable environment for both buyers and sellers.

• National Trends: Show a modest uptick in sales, but increasing inventory levels could lead to downward pressure on prices in certain regions.

• Regional Variations: Alberta’s tighter market conditions suggest a more resilient real estate sector compared to other provinces.

Navigating the Market: Tips for Buyers and Sellers

For Buyers:

• Monitor Interest Rates: Keep an eye on the Bank of Canada’s rate decisions, as lower rates can improve affordability.

• Explore Emerging Neighborhoods: Areas experiencing growth may offer better value and potential for appreciation.

• Consider Long-Term Goals: Align your purchase with your long-term plans to ensure it meets your needs beyond immediate market conditions.

For Sellers:

• Price Strategically: In a balanced market, pricing your property competitively can attract more buyers.

• Enhance Curb Appeal: Small investments in home presentation can yield significant returns.

• Stay Informed: Understanding market trends can help you make informed decisions about timing and pricing.

As we approach the final quarter of 2025, both Calgary and the broader Canadian real estate markets are navigating a period of adjustment. While Calgary’s market remains relatively balanced, national trends indicate a cooling phase, particularly in certain provinces. By staying informed and aligning your real estate decisions with current market dynamics, you can navigate these changes effectively.

If you’re considering buying or selling in Calgary, understanding these local and national trends is crucial. At Jai Chaudhary Real Estate, we’re committed to providing you with the latest market insights and personalized guidance to help you make informed decisions. Reach out to us today to discuss how we can assist you in achieving your real estate goals.