What’s really happening in the resale apartment market right now? Here’s the straight goods 👇
🏢 1. Inventory is SURGING
We’re seeing near record-level condo supply hitting the market, driven by:
• New construction completions
• Purpose-built rentals
• Slower population growth
➡️ More choice = more competition for sellers ()
📉 2. Prices are UNDER PRESSURE
• Apartment benchmark prices ↓ ~9% year-over-year
• Average prices sitting around the low $300K range
• Continued softening compared to 2024 peaks
➡️ This is the most price-sensitive segment in Calgary right now ()
⚖️ 3. Market Conditions = BALANCED (leaning buyer)
• ~4.5–4.6 months of supply
• Longer days on market
• Fewer bidding wars
➡️ Buyers have time, leverage, and negotiating power ()
🧠4. Smarter, More Selective Buyers
Today’s condo buyers are focused on:
• Condo fees & building management
• Rental potential / cash flow
• Unit quality over hype
➡️ Not all condos are equal anymore ()
đź’ˇ 5. Opportunity Window is OPEN
For:
• First-time buyers
• Investors (long-term holds)
• Downsizers
➡️ This could be one of the best entry points we’ve seen in years
—
đź“Ť Bottom line:
The Calgary resale apartment market isn’t crashing — it’s rebalancing.
More supply + stable demand = opportunity for buyers, strategy required for sellers.
If you’re buying or selling condos in Calgary or surrounding areas, the game has changed.
—
#MarketMonday #CalgaryRealEstate #YYCCondos #RealEstateTrends #InvestSmart