Calgary home sales fall nearly 16 per cent in May amid pressure on buyers: board
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $1.44 a week*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Billed as $5.77 plus GST every four weeks. After 52 weeks, price increases to the regular rate of $19.95 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
CALGARY – Home sales activity in Calgary slowed again in May compared with a year earlier as prices also fell year-over-year.
The Calgary Real Estate Board says 2,162 homes were sold last month, down 15.5 per cent from May 2025, as the residential benchmark price fell three per cent to $570,500.
The board’s chief economist Ann-Marie Lurie says more supply choice in the new home and rental markets has created a more competitive environment for potential buyers, who are also feeling the weight of a rising cost of living and slower migration.
Apartment-style homes saw a year-over-year price decrease of 9.1 per cent to $300,400, while row-style properties were 6.4 per cent less expensive at $422,300.
Detached home prices were down 2.4 per cent to $747,800 and semi-detached prices fell one per cent compared with May 2025 to $691,100.
There were 4,226 new listings on the market in May, down 12.7 per cent from a year earlier, while the city’s inventory ticked up 0.1 per cent year-over-year to 6,752 total homes for sale.
This report by The Canadian Press was first published June 1, 2026.