
New infills resume their steady pace as we inch towards the Holiday Season.
Single-family new infills posted 20 sales in November, down from the sizeable 37 sales recorded last month and from the 31 sales recorded in November of last year. Year-to-date, sales for single-family new infills are down 16.6% compared to last year.
Single-family new-infill inventory has increased to 206 active listings for sale, up from 188 last month and from 164 at this time last year.
New infill townhomes posted 3 sales in November, on par with the 3 recorded last month and up from the single sale recorded at this time last year. Year-to-date, sales for new infill townhomes are down 3.8% compared to last year.
New infill townhome inventory is up slightly, to 30 active units for sale, from 29 active units recorded last month, and is also up from 21 active units listed for sale at this time last year.
We expect sales activity for new infills to ease in December as interest shifts toward seasonal festivities.
From all of us at URBAN UPGRADE & NEWINFILLS, we wish you all the best this Holiday Season.


CALGARY MARKET UPDATE (CREB)
Calgary, Alberta, Dec. 1, 2025 – In line with typical seasonal trends, sales, new listings and inventory levels all slowed relative to last month. The 1,553 sales were met with 2,251 new listings, causing the sales-to-new-listings levels ratio to improve to 69 per cent. This also helped support some of the inventory adjustment. However, with 5,581 units in inventory, levels are still 28 per cent higher than last year and over 15 per cent higher than typical levels reported in November.
“Supply levels have been sitting higher than typical levels for the past three months, mostly due to the gains occurring in the higher-density sectors of row and apartment style units,” said Ann-Marie Lurie, CREB®’s Chief Economist. “This is partially related to the additional supply choice coming from the new homes sector, some of which end up on the resale market, especially near the end of the year. While buyer’s market conditions are more prevalent for apartment-style homes and to a lesser extent row homes, outside of a few pockets of the market, both the detached and semi-detached markets are relatively balanced.”
The additional supply choice across resale, new and rental markets, is having the most impact on apartment and row style home prices which are reporting year-over-year price declines of seven and six per cent. In comparison detached home prices are down by two per cent compared to last November, but still higher than last year when looking at year-to-date figures. Overall, the unadjusted total combined residential benchmark* price in November was $559,000, nearly five per cent lower than last year.
*To keep the benchmark price relevant, once a year the attributes of a benchmark home are reviewed and the benchmark prices are updated. The review has been completed and the data has been updated. While all historical adjustments have occurred, old PDF monthly reports are not adjusted.