Category: Uncategorized
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Calgary Surpasses Housing Goals Thanks to Federal Support
Calgary started 44,276 new units, surpassing revised goal of 42,667. Original target was just under 42,000 units by fall 2026; exceeded more than a year ahead of schedule. Zoning changes sped up housing by 4-6 months, but were not required by federal funding. Additional $22.8M awarded in March for high performance; funds new Backyard Suites…
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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…
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Study predicts just how costly a Calgary house could be in 2032
A study using AI projects Calgary's home prices may dip over $100,000 by 2026 due to federal immigration changes and housing supply, with prices stabilizing between $650,000 and $730,000 by 2032. Unlike Montreal, Toronto, and Vancouver, Calgary's market is more sensitive to population shifts than new construction. Increased supply could further lower prices, offering opportunities…
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Is Calgary Condo Market Hitting Pause?
Calgary condo prices dipped 2% in Q2 2025. Since 2019, Calgary condos rose 16%.
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Calgary Crowned Canada’s Best City to Live in 2025
Calgary ranks top in Canada for 2025 due to affordability and career opportunities. Average monthly expenses, excluding rent, are $1,581, with low taxes boosting income. Quality of life scores 176.3, supported by low crime, healthcare, and education access. Vibrant culture, festivals, nightlife, and growing neighborhoods enhance work-life balance citywide. Parks, trails, and nearby Rocky Mountains…
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Calgary Housing Bubble Easing in Mid-2025
Six months of benchmark price declines reported as of July 2025. Active inventory ↑ **80%** y/y in Q1 2025; new listings up **21%** to **9,745** homes. Sales-to-new listings ratio at **56%** in June, signaling a balanced market. Home sales ↓ ~**2%** MoM in June; benchmark price fell nearly **4%** y/y. Analysts see this as a…
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Elevated Supply Reducing Advertised MF Rents in Major Markets
Elevated supply is lowering advertised multi-family rental rates in major Canadian markets, though rents still rise overall. Vacancy rates are expected to increase through 2025. Since late 2024, asking rents dropped between 2% and 8% in Calgary, Toronto, Vancouver, and Halifax, while Edmonton, Ottawa, and Montreal saw slower rent growth. CMHC-backed financing supported 88% of…
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Only one nearby city is seeing a bigger drop in home prices than Calgary
Detached home prices in Calgary are cooling, with a 0.8% year-over-year decline, while surrounding communities mostly see price increases. Airdrie leads in sales decline at 14% and has a 3.3% price drop. Cochrane and Okotoks show smaller sales declines but stable or rising prices. Inventory has increased due to new listings, reaching the highest July…
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Calgary 2026-2027: Market Momentum Builds
Sales projected to rise with strong job growth and continued migration. Prices to remain stable or slightly increase in sought-after neighbourhoods. Vacancy rates to fall as employment growth supports rental demand. Multiplex and row housing to gain popularity due to rezoning and infill policies. Builders regaining confidence, resuming delayed multi-family projects.
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Calgary Condos: Calm Before Growth?
Calgary condo prices slid 2% in Q2, but here’s the kicker—it’s still up long-term. Since 2019, prices rose 16%. That’s steady growth. Calgary’s lower costs attract new buyers daily. A momentary dip doesn’t erase the momentum. Buyers playing it smart are locking in now—before the next wave hits.