Calgary’s real estate market continued to shift in May 2025, with rising inventory giving buyers more options and more negotiating power. While sales have slowed, home prices remain stable across most segments—creating opportunities for buyers, sellers, and investors. Explore the latest trends, price updates, and expert insights in this month’s Calgary market update.

Calgary Real Estate Market Update – May 2025: Correction, Cooldown, or Opportunity?

Is Calgary’s real estate market truly slowing — or just finally catching its breath? In this May 2025 market update, I’ll show you what’s really happening with prices, inventory, and competition so you can confidently plan your next move — whether you're buying, selling, or just watching. Let’s walk through the numbers together.

May 2025 Calgary Real Estate Market Snapshot

  • Sales: 2,568 homes (⬇️ 11% MoM)
  • New Listings: 4,270 (⬆️ 6.7% MoM)
  • Inventory: 6,740 (⬆️ 16.5% from April)
  • Benchmark Price (All Property Types): $603,300 (⬆️ 0.3% MoM | ⬆️ 8.5% YoY)
  • Months of Supply: 2.6 (⬆️ from 2.0 in April)

Source: Calgary Real Estate Board (CREB®), May…

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