Home Sales Edge Up in October
- ClearView Insider
- Nov 17, 2025
- 1 min read
National home sales rose 0.9% in October, marking the sixth increase in seven months, according to National Bank Financial’s latest Economics & Strategy report. Alberta posted a 1.8% monthly gain, even as sales on an annual basis remain down 10.7%, one of the country’s larger declines.
Despite the softer annual trend, a return to historical norms still favours sellers. National inventory held at 4.4 months in October — a level consistent with a balanced-to-seller leaning market, supported by restrained new-listing activity.
These conditions suggest that while Alberta’s housing market is normalizing, supply remains tight enough to maintain pricing stability, particularly in Calgary where population growth and interprovincial migration continue to underpin demand.
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Source: National Bank Financial, Economics & Strategy, Nov. 17 2025
Reference: Data derived from long-term months-of-inventory averages and standard-deviation ranges. The long-term average is five months of inventory. Below roughly 3.6 months indicates a seller’s market, while above 6.4 months signals a buyer’s market.