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 March 2025, which you can read in full by clicking here:

"Ongoing economic uncertainty, driven by tariff threats, has weighed on consumer confidence and impacted housing activity in March" (CREB®).
"Sales declined by 19 per cent year-over-year, totaling 2,159 units" (CREB®).
"March reported over 4,000 new listings, causing the sales-to-new-listing ratio to drop to 54 per cent, low enough to support further inventory gains" (CREB®).
"The months of supply pushed up to 2.4 months" (CREB®).
"In March, the unadjusted residential benchmark price reached $592,500, relatively stable compared to both last month and prices reported last March" (CREB®).

Calgary Real Estate Board Chief Economist Ann-Marie Lurie notes, "it is not a surprise to see a pullback in sales given the uncertainty. However, it is important to note that sales still remain stronger than anything reported throughout 2015 to 2020, where our economy faced significant economic challenges and job loss. Nonetheless, easing demand has been met with gains in new listings and rising inventories, helping our market shift back toward balanced conditions, following four consecutive years where the market favoured the seller.”

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)

March 2025 Calgary Real Estate Market Statistics