Home Prices in Calgary Continue to Fall. But for How Long?

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Calgary’s Detached Housing Market is shifting toward balance as supply builds and prices begin to ease.

📉 Sales: 995 units
📈 New Listings: 1,748
📦 Inventory: 3,051 (highest August since 2020)
💰 Benchmark Price: $755,600 (down ~1% YoY and MoM)

District-level variation is strong:

North East & East: Prices down 5% year-over-year

City Centre: Prices up more than 2%

Overall year-to-date: Detached home prices remain 2% higher than last year

More supply is creating buyer’s market conditions in some districts, while other areas remain balanced.

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📚 Video Chapters 📚

00:00 - Home prices in Calgary are dropping
00:30 - Adam Fyfe, Calgary Realtor
01:00 - What is going on with the housing market in Calgary?
02:07 - A chart showing price declines in the Calgary real estate market
02:39 - Sales numbers for the Calgary housing market
03:34 - How are new listings affecting home prices in Calgary
05:22 - A quick look at sales activity across Calgary
07:40 - A detailed view of the Calgary real estate market
11:27 - Final thoughts on Single Family Homes in Calgary

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Contact Adam Fyfe:
🏢 eXp Realty Canada
💻 Email: [email protected]
📱 Phone: 403-561-8747

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