Calgary Home Sales Forecast Slashed for 2025

CREB cuts 2025 sales forecast from 26,000 to 23,000 due to economic uncertainty.
Projected 2025 sales decline by 11.5%, but remain above 2015–2020 recession-era levels.
Record-high housing starts continue, mainly multi-family rentals, boosting future resale market supply.
Detached and semi-detached prices forecast to grow under 2% after 10%+ in 2024.
Row houses and apartment prices expected to fall by up to 2% in 2025.