The Calgary Real Estate Board says home sales dropped 13% in October compared with last year as prices also fell.
The board says 1,885 homes changed hands last month, as year-to-date sales in the city totalled 20,082, which was down nearly 16% compared with last year but in line with longer-term trends.
There were 3,233 new listings on the market last month, down 0.9% from a year earlier, as the city’s inventory grew 30.2% to 6,471 homes for sale.
The board says much of the sales decline has been driven by the apartment and row-style homes categories.
CREB chief economist Ann-Marie Lurie says improved rental supply and easing rents have slowed ownership demand for those types of homes, with excess supply also “weighing on prices in those segments more so than any other property type.”
Calgary’s residential benchmark price decreased 4.1% year-over-year to $568,000 last month, with row and apartment-style properties seeing the largest price declines compared with October 2024.
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Alberta Ann-Marie Lurie Calgary calgary home prices calgary home sales Calgary Real Estate Board CREB Prairies real esate Regional
Last modified: November 3, 2025
