by Sleman Usmanee 
Calgary’s 2025 Housing Market Outlook
Calgary’s 2025 housing market promises strong activity, 26,000+ sales (20% above trends), and evolving conditions—opportunities await buyers and sellers alike!
Key Market Trends:
- Sales and Activity Levels:
- Sales in 2025 are forecasted to remain steady, reflecting high demand supported by easing lending rates and improved supply options.
- While overall sales levels remain strong, the distribution of activity is shifting, with detached homes expected to lead growth due to their enduring popularity among families and move-up buyers.
- Price Growth Moderation:
- After experiencing a 7% price increase in 2024, price growth is set to slow to 3% in 2025.
- Factors such as increased supply from new construction and slower population growth are contributing to this moderation.
- Shifts in Supply:
- Record-breaking new home construction in 2024 has increased inventory significantly, particularly for apartment-style units and purpose-built rentals.
- This additional supply is expected to help the market transition toward balanced conditions, making it less of a seller’s market.
Segment Insights:
- Detached Homes:
- Sales of detached homes are projected to remain robust, supported by lower lending rates and increased inventory above the $600,000 price point.
- Affordable options within neighborhoods are likely to see stronger price growth compared to higher-priced districts.
- Semi-Detached and Row Homes:
- Semi-detached homes continue to be a popular alternative for buyers priced out of detached homes, with prices expected to grow by over 3%.
- Row homes will benefit from strong demand in affordable districts, though rising inventory could moderate price gains.
- Apartments:
- The apartment segment faces challenges from increased competition in the rental and new home markets. Prices are expected to rise by less than 2% as supply grows.
Economic Drivers and Risks:
- Alberta’s Economy: The province is positioned for growth in 2025, driven by alternative energy investments, carbon capture, and a thriving AI sector. Alberta is expected to lead Canada in economic growth if it avoids significant U.S. tariffs.
- Forecast Risks: While the market outlook remains positive, potential risks include U.S. tariffs on Alberta exports and changes in federal energy policies. Conversely, a stable economic climate could enhance housing activity beyond expectations.
What This Means for Buyers and Sellers:
- For Buyers:
- 2025 offers more choices than ever, with increased inventory and moderated price growth making it a great time to explore options.
- Easing lending rates could help first-time buyers enter the market more easily.
- For Sellers:
- While price growth is slowing, demand remains strong, particularly in the affordable and mid-priced segments.
- If you’re planning to sell, now is a great time to capitalize on Calgary’s resilient housing market.
Conclusion: Calgary’s housing market in 2025 is poised for stability and opportunity. With sales remaining strong and price growth moderating, it’s an ideal time for buyers and sellers to make their move. Whether you’re looking to buy your first home or sell a property, staying informed is the key to success.
This article is based on data provided by the Calgary Real Estate Board (CREB)
https://www.creb.com/News/Media_Releases/2025/January/2025_Forecast/
Buyer Alert – Crescent Heights, Calgary
Have questions about Calgary’s 2025 housing market? Let’s connect! Contact me at Sleman@Usmanee.com or call (587) 896-SOLD. I’m here to help you navigate the market with ease.
