Home prices and sales declined while inventory rose from 2024.
Home Prices
Home prices decreased by just over 4% from last year as well as took a slight dip from last month.
What is a benchmark price? The benchmark price is the estimated value of a “typical” home in a community, based on the most popular combination of features, e.g. age, size, number of bedrooms and bathrooms.
Sales and Inventory
Sales decreased by 13% from 2024 where inventory rose by over 30%.
Data provided by the Calgary Real Estate Board. For more information, visit their website.
