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What’s the Outlook for Calgary’s Housing Market in 2025?

What’s the Outlook for Calgary’s Housing Market in 2025?

The 2025 report on Calgary's housing market highlights a strong demand driven by lower lending rates, improved supply, and population and employment growth. Despite this, slowing migration, competition from new home construction, and economic uncertainty are expected to moderate resale activity growth. Sales are projected to exceed 26,000 units—20% above long-term trends—indicating sustained demand.

Chief Economist Ann-Marie Lurie expects market dynamics to shift due to rental rate adjustments and supply improvements, leading to a transition toward balanced market conditions. Price growth is forecasted to moderate to an annual gain of 3%, with variations across market segments as new home competition influences resale prices.

CLICK HERE for a comprehensive summary prepared by the Calgary Real Estate Board.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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