Found 2 blog entries tagged as Calgary housing market.

What Everyone Gets Wrong About Calgary’s Housing Market | April 2025 Update

At first glance, the April numbers might make you think Calgary’s housing market is slowing down—or even heading for a downturn. But that’s only half the story. While sales are down compared to last year, the shift we’re seeing isn’t a collapse—it’s a correction.

According to the Calgary Real Estate Board (CREB®), activity is returning to seasonal norms, and months of supply just hit its highest level in over a year, bringing long-overdue balance back to the market. For buyers and sellers, that means a new kind of strategy—and a very different kind of market than what we’ve seen over the past four years.

April 2025 Calgary Real Estate Market at a Glance:

  • Sales:

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Calgary housing market forecast to remain strong in 2022

Calgary's housing market forecast for 2022 has been released by the Calgary Real Estate Board Media Releases (CREB).

Following a stronger housing market in 2021 than anticipated, where the residential price rose by 8.25 per cent , CREB is forecasting a 4.46 per cent increase in the residential price for 2022.

“Despite challenges with COVID-19, we are starting to see a turnaround in our job and migration numbers, and while interest rates are expected to rise, they remain relatively low. All these factors are expected to support strong housing demand into 2022,” said CREB® Chief Economist Ann-Marie Lurie.

“The biggest question will be whether supply can meet that demand. It will take time…

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