New report suggests relief could be on the way for Calgary’s housing market

AI-driven analysis from Concordia University suggests Calgary's housing market may ease as aggressive housing starts and changing immigration policies narrow the supply-demand gap. Median home prices, peaking at $740,000 in 2024, could drop over $100,000 in two years. However, demand is expected to rebound by 2026 with increased immigration. Continued supply growth and lot availability are crucial for price stabilization between $650,000 and $730,000 by 2032.