Every month the Calgary Real Estate Board releases a report detailing what has been happening in the real estate market. These reports provide valuable information to sellers, buyers, and investors alike. Real estate requires strategic decision making, so staying informed is crucial to ensure you are making the best moves possible.
Here are the highlights from The The Calgary Real Estate Board's market report for June 2025, which you can read in full by clicking here:
- "Inventory levels in June continued to rise[reaching] 6,941 units, returning to levels [sic] prior to the surge in population growth" (CREB®).
- "The unadjusted benchmark price was $586,200 in June, lower than last month and over three per cent lower than last year" (CREB®).
- "Overall conditions in Calgary have changed, but not enough to erase the significant growth in prices that have occurred over the past four years" (CREB®).
Calgary Real Estate Board Chief Economist Ann-Marie Lurie notes, "supply has improved across rental, resale and new home markets, allowing for more choice for those considering their housing options. The additional choice combined with no further declines in lending rates, persistent uncertainty and concerns of price adjustments is keeping many potential purchasers on the sidelines. This is weighing on home prices, especially for apartment and row style homes.”
Are you ready to make your move? Contact Ken Richter directly today at 403-630-6363 or email Ken@KenRichter.com. In every market, Ken's experience is your advantage.
(Image via Canva)
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