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Market Updates

December 2025 Housing Market
Market Knowledge

December 2025 Housing Market

Jan. 02, 2026 | CREB 2025 housing market shifted to more balanced conditions Calgary, Alberta, Jan. 2, 2026– Following several years ...

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December 2025 CREB Communications
Market Knowledge

December 2025 CREB Communications

CREB® REALTORS® award $100,000 to seven non-profit organizations to ensure vulnerable Calgarians have safe, secure housing Calgary, ...

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November 2025 Housing Market
Market Knowledge

November 2025 Housing Market

Conditions remain relatively balanced as we head into the winter months Calgary, Alberta, Dec. 1, 2025 – In line with typical seasonal ...

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October 2025 Housing Market
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CREB® REALTORS® award $100,000 to seven non-profit organizations to ensure vulnerable Calgarians have safe, secure housing

Calgary, Dec. 8, 2025 – The CREB® REALTOR® Community Foundation is pleased to announce that it has awarded Transformation Grants totalling $101,020 to seven non-profit organizations that provide housing and shelter to vulnerable Calgarians. 

This brings the amount awarded in 2025 through the foundation’s Community and Transformation Grants to $298,695 to 11 organizations, an increase of $139,000 over 2024.

In June, the foundation also awarded a three-year $1 million Legacy Grant to the Calgary Dream Centre for construction of its new Erlton House for women and families. 

The organizations receiving the Transformation Grants are:

  • The Brenda Strafford Foundation

  • Calgary Drop-In & Rehab Centre Society

  • Central United Church – Central Outreach Hub Space

  • FearIsNotLove

  • Highbanks Independent Living for Parenting Youth Society

  • L'Arche Association of Calgary

  • Wood’s Homes

“These non-profit organizations are critical not only to the Calgarians who rely on them for a safe, secure place to call home. They’re critical to building the resilient communities that we all benefit from,” said Christian Twomey, Chair of the CREB® REALTOR® Community Foundation. “Each and every CREB® REALTOR® contributes to the foundation, because we understand that all Calgarians deserve a place to call home. These grants are one way that CREB® REALTOR®’s help the most vulnerable in the community find a safe and secure home.”

CREB® REALTOR® Community Foundation Transformation Grants help transform existing spaces and respond to community infrastructure needs, while the Community Grants are designed to fund major projects that keep vulnerable Calgarians housed. The Legacy Grant is intended to help Calgary non-profit organizations create significant new housing options for the clients they serve.

The Brenda Strafford Foundation

“We are grateful to the CREB® REALTOR® Community Foundation for this generous support, which will allow us to make necessary improvements to our programming space,” said Cara Bradley, Executive Director of The Brenda Strafford Foundation’s Heart Home Network. “This investment strengthens our ability to bring people together, share meals, and create a welcoming space for all. Thank you for helping us make a lasting impact for the people we serve.”

Calgary Drop-In & Rehab Centre Society

“CREB® REALTOR® Community Foundation’s generous funding will support a critical safety renovation at Bridgeland Manor, our affordable housing building for formerly homeless seniors. This handrail extension will eliminate a significant fall hazard at our front entrance, giving our residents the confidence to safely and independently access their home,” said Julia Gilbertson, grants officer at the Calgary Drop-In & Rehab Centre Society. “For seniors who have worked hard to transition from homelessness, this improvement makes a profound difference in their ability to maintain their autonomy and age in place securely. We're grateful to CREB® for this impactful gift that directly enhances the safety, independence, and quality of life for our residents.”

Central United Church – Central Outreach Hub

“This grant from the CREB® REALTOR® Community Foundation will help make our space safer, more dignified, and more functional for the over 1,000 people we serve each week,” said Brad Pert, the Program Coordinator of the Central Outreach Hub. “Improvements like better lighting, lockers, semi-private intake areas, and more accessible bathrooms and showers are based directly on what our guests have told us they need. We’re grateful for CREB®’s support in helping people move toward greater stability and housing.”

FearIsNotLove

“The Calgary Women’s Emergency Shelter is at the heart of the work we do at FearIsNotLove, offering safety and support to women and children fleeing serious threats of domestic violence and abuse. While their safety is our priority, we also strive to provide families with a comforting space to rest and heal,” said Lisa Zoppa, Manager of Resource Development at FearIsNotLove. “With the support of the CREB® REALTOR® Community Foundation’s Transformation Grant, we are creating a secure outdoor oasis at the shelter, a dedicated space for relaxation, healing, and play. We are grateful for this partnership and its impact on families seeking safety and hope at the Calgary Women’s Emergency Shelter.”

Highbanks Independent Living for Parenting Youth Society

“As a small organization with limited funding resources to update our apartments to ensure our young mothers are living in safe homes is paramount to ensuring that they can create a home for their tiny family,” said Shannon Johansen, Chief Executive Officer of Highbanks Society. “Our parenting youth work hard through education to change their lives and upgrading our aging appliances, some of them being original with 23 years of service, is a dramatic improvement to their living experience.  We couldn't be more grateful for the support from CREB Realtor Community Fund and their belief in our program and services to our young mothers as we truly believe that they are ‘THE HOPE THAT LIVES HERE!’”

L'Arche Association of Calgary

"We are incredibly grateful to the CREB® REALTOR® Community Foundation for this generous transformation grant. This support comes at a pivotal moment for L’Arche Calgary as we prepare to rebuild our aging homes into fully accessible, inclusive spaces where persons with intellectual disabilities can continue to live with dignity, safety, and belonging,” said L’Arche Association Executive Director, Ani Hynes. “This gift strengthens the foundation we need to move confidently toward construction in mid-2026 and helps ensure our community can remain a place of stability, connection, and shared life for decades to come. We are deeply thankful for CREB®’s investment in our vision and for believing in what’s possible when people with and without disabilities build community together."

Wood’s Homes

“We are extremely grateful to the CREB® REALTOR® Community Foundation for their generosity and belief in our work,” said Wood’s Homes CEO, Bjorn Johansson. “Receiving this grant is deeply meaningful for Wood’s Homes as it strengthens our ability to deliver critical support to children, young people, and families who rely on us every day. This support not only fuels our mission of building good mental health so everyone can thrive in our community – it says ‘yes’ to young people who deserve safety, opportunity, and hope.”

About CREB® REALTOR® Community Foundation

CREB® REALTOR® Community Foundation is the community investment arm of CREB® (the Calgary Real Estate Board).
Made up of a membership of more than 8,700 REALTORS® and community members, CREB® REALTOR® Community Foundation exists to support the charitable and philanthropic activities of its members and to provide funding to housing- and shelter-related initiatives in Calgary and area.
Since its inception in 1987, the Foundation has contributed more than $8.4 million to a wide range of non-profit organizations in our community.
To learn more about the CREB® REALTOR® Community Foundation, visit creb.com.

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Conditions remain relatively balanced as we head into the winter months 

Calgary, Alberta, Dec. 1, 2025 – In line with typical seasonal trends, sales, new listings and inventory levels all slowed relative to last month. The 1,553 sales were met with 2,251 new listings, causing the sales-to-new-listings levels ratio to improve to 69 per cent. This also helped support some of the inventory adjustment. However, with 5,581 units in inventory, levels are still 28 per cent higher than last year and over 15 per cent higher than typical levels reported in November. 

“Supply levels have been sitting higher than typical levels for the past three months, mostly due to the gains occurring in the higher-density sectors of row and apartment style units,” said Ann-Marie Lurie, CREB®’s Chief Economist. “This is partially related to the additional supply choice coming from the new homes sector, some of which end up on the resale market, especially near the end of the year. While buyer’s market conditions are more prevalent for apartment-style homes and to a lesser extent row homes, outside of a few pockets of the market, both the detached and semi-detached markets are relatively balanced.”   

The additional supply choice across resale, new and rental markets, is having the most impact on apartment and row style home prices which are reporting year-over-year price declines of seven and six per cent. In comparison detached home prices are down by two per cent compared to last November, but still higher than last year when looking at year-to-date figures. Overall, the unadjusted total combined residential benchmark* price in November was $559,000, nearly five per cent lower than last year. 

*To keep the benchmark price relevant, once a year the attributes of a benchmark home are reviewed and the benchmark prices are updated. The review has been completed and the data has been updated.  While all historical adjustments have occurred, old PDF monthly reports are not adjusted. 

Detached

Detached sales in November were 823 units, just slightly lower than last year’s level, and relatively consistent with activity reported for November. The monthly reduction in new listings helped push down inventory levels compared to last month, but inventory remained well above the lower levels reported last year and are now relatively consistent with long-term trends. Overall, the months of supply remained around three months, reflecting a relatively balanced condition. Despite this we did see unadjusted prices trend down over last month, mostly reflecting seasonal patterns. As of November, the unadjusted detached benchmark price was $733,000, down by nearly two per cent compared to last November. However, when considering the year-to-date figures, prices are still one per cent higher than last year. Most of the downward price adjustments have occurred in the North East, North and East districts as competition from new homes and additional supply choice in other parts of the city are more heavily weighing on those districts.   

Semi-Detached

Sales in November were comparable to levels reported last year and still well above long-term trends, but with new listings also higher than typical levels for this time of year, inventories rose to the highest November level seen over the past five years. While conditions have been generally tighter for this property type, over the past three months we have seen the months of supply remain above three months, resulting in more balanced conditions. While the unadjusted benchmark price of $671,700 did ease over last month, it remained stable compared to last year. Year-to-date price growth has been the strongest in this sector at nearly three per cent, with the largest gains occurring in the City Centre at four per cent, partially offsetting the one per cent pullback in the North district. 

Row

November sales eased to 257, however, last year was a record high for the month and current sales remain above long-term trends. Where there continues to be more notable shifts is in supply. New listings remained comparable to last year and inventories, while reporting the typical seasonal decline, were at November levels not seen since 2018. The additional supply has caused the months of supply to remain slightly elevated, especially over the past three months. This has been placing some downward pressure on prices. In November, the unadjusted benchmark price was $424,400, down over last month and over six per cent lower than last year. While some of the monthly decline is seasonal, more persistent price declines have caused the year-to-date price to fall by nearly two per cent. 

Apartment Condominium

This sector has struggled the most with excess supply. November sales dropped to levels consistent with long-term trends, but new listings remained elevated and November inventory levels hit a record high for the month. The months of supply edged near six months and has been sitting above four months since the summer. This has resulted in relatively persistent price adjustments throughout the second half of the year and as of November the unadjusted benchmark price was $309,300, seven per cent lower than last year at this time. Year-to-date the decline was just over two per cent, with the largest decline occurring in the North East district at nearly five per cent. The only district to see prices remain flat was the West district.

REGIONAL MARKET FACTS


Airdrie

As per typical seasonal behaviour, sales, new listings and inventory levels all eased over levels reported last month. Overall, both sales and new listings have remained at levels consistent with long-term trends for the month, but thanks to earlier gains inventory levels remain elevated for November. Some of the rise is due to a higher share of newer homes coming onto the resale market. The additional supply over the past several months has weighed on prices in Airdrie. While it has by no means offset the gains reported over the past four years, year-to-date benchmark prices for detached homes are down by nearly one per cent compared to last year. 

Cochrane

The seasonal monthly pullback in new listings was not enough to prevent November levels from reaching a record high. While sales also remained relatively strong for November, it was not high enough to cause a more significant monthly pullback in inventories, which have not been this high in November since 2018. Some of the gains in new listings were due to a larger share of new homes being listed on the resale market. While recent gains in supply have caused some adjustments in price, prices continue to remain higher than levels reported last year. Year-to-date detached benchmark prices are nearly two per cent higher than levels reported last year.

Okotoks

Unlike other areas, sales in Okotoks improved compared to last month and were similar to levels reported last year. This in part could be related to the higher level of new listings that were available both in November and October, providing more choice to potential buyers. The Okotoks market has seen some recent gains in inventory levels, but overall supply remains well below long-term trends. Conditions have remained relatively tight in the Okotoks market and, despite some recent adjustments in prices, overall prices are still higher than last year on a year-to-date basis across each property type.

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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