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Calgary home sales picked up in June, reaching 2,197 transactions, an improvement over May. Even with the monthly increase, sales were still about 4% lower than last June and came in just below the long-term average for the month. Much of the slowdown continues to come from apartment-style properties, while demand remains stronger in both the most affordable and highest-priced segments of the market.

In line with seasonal trends, inventory has risen from the start of the year, reaching 6,752 units in May. While these levels are consistent with last May, they remain 11% higher than longer-term trends for the month, thanks to higher supply levels of apartment and row-style homes. Meanwhile, inventory levels for detached homes are down 3% compared with both last year and long-term trends.

In line with typical seasonal patterns, both sales and inventory levels increased compared to March. However, April sales reached 2,104 units—down 6% from the same time in 2025.

Following several years of strong price growth, 2025 marked a year of transition thanks to strong demand and limited supply. Due to record high starts, supply levels improved across all aspects of the housing market, just as demand pressure eased due to a reduction in migration levels and heightened uncertainty that persisted throughout the spring market. This helped shift the resale market from one that favoured the seller to one that was more balanced.