While Toronto’s real estate market remains a hot topic, shifts in other Canadian cities offer valuable perspective. Calgary’s housing market closed out 2025 with a 14% decrease in December home sales compared to the previous year, mirroring the overall trend for 2025. The Calgary Real Estate Board reported 1,126 homes sold last month, with the residential benchmark price down 4.7% year-over-year to $554,700.
Throughout 2025, home sales decreased by 15.7% compared to 2024, and the average benchmark price fell by 2.4% to $577,492. Increased supply, particularly in the condominium and row home sectors, contributed to price adjustments. Despite the overall cooling, some areas still experienced seller’s market conditions, highlighting the importance of location and property type. New listings in 2025 jumped 9.2% compared to 2024. These shifts were influenced by easing demand, a reduction in migration, and economic uncertainty. For a deeper dive, check out the original article on The Star: [https://www.thestar.com/news/canada/alberta/calgary-housing-market-closed-out-2025-with-14-fewer-home-sales-in-december-board/article_8c3c9d8d-6cd3-57cb-a2f0-c55072f33853.html]
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