Category: Uncategorized
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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…
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Calgary: Exciting Growth Opportunities in 2025
Calgary's housing market will remain steady in 2025, driven by cooling demand and expanding inventory levels. Supply is projected to grow beyond 7,000 active listings by late 2025, easing previous market tightness. Detached home prices may rise moderately, especially in established suburbs and high-demand urban areas. High construction activity will continue in 2025, especially in…
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How to Know if a Home Fits Your Lifestyle?
Research local schools even if you don’t have kids — they influence home values. Consider internet availability and speed, especially for remote work or streaming needs.
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Downtown Calgary adds 10 new office conversions and more than 1,100 new homes to the core
Calgary is accelerating downtown transformation with 10 new office-to-residential conversion projects, creating 1,100 homes for 2,000 residents and removing over 1.1 million sq ft of office space. Supported by $80.6 million from the City and federal Housing Accelerator Fund, these projects will generate $357 million in private investment, boost property values, tax revenue, and local…
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Calgary’s Luxury Housing Market Defies National Trends, Attracting Buyers from Across Canada
Calgary’s luxury real estate market remains strong, attracting out-of-province buyers due to its relative affordability compared to Toronto and Vancouver. While luxury home sales dropped in Vancouver and Toronto, Calgary saw a 2% increase in $1 million-plus home sales. Limited housing supply and steady in-migration support demand. Luxury condo sales also rose 13%, reflecting the…
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Building Tomorrow: Calgary’s Industrial Plan
Calgary launched an Industrial Action Plan to boost economic growth and support population expansion. Industrial sectors contribute $19.7B to GDP and over 53,500 jobs, strengthening Calgary’s economy.
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Calgary Luxury Housing Defies National Trends
In May 2025, Calgary luxury listings began at $1M, versus $4M in Toronto or Vancouver. Calgary’s luxury housing market ↑ 2% yearly, defying declines in Toronto and Vancouver.
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Mid-Q2: Calgary Sales Down 17%, Inventory Doubles
Calgary home sales ↓ 17% in May 2025, driven largely by condo and row house slowdowns. Despite the drop, May’s 2,568 sales were still ↑ 11% above Calgary’s long-term avg for the month
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Calgary’s Housing Strategy: 88% of Actions on Track
Calgary’s Home is Here Strategy is 88% on track to launch all actions by end of 2025. 17 city-owned sites were sold below market, enabling 835 affordable homes; $30.7M created 480 more.
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Calgary Sees Housing Boom From Rezoning
Calgary’s blanket rezoning has driven a sharp rise in new housing and diverse home types. Some residents, however, are concerned about affordability, privacy, and reduced parking in established neighborhoods.