This year could be the year

2025 is here, greeting everyone!

Time is flying, and decisions need to be made before it’s too late. Every big decision starts with one small step, and that step can be taken. We understand it’s hard, but it’s a step that Inder and I took in the past. That step brought us here, to Calgary, the city we’ve been living in for a while. We love it here, and we believe you could too.

Let’s review the key housing news to kick off the day and take a look at our handpicked selection of homes below.

Welcome! We’re happy to have you here.

Welcome to your Calgary Housing Market Update!

Here's the latest news on new housing developments and factors affecting the market for those considering a move to our vibrant city.

🏘️ Calgary's housing market remains strong, with sales in 2024 nearly reaching the previous year's levels. Higher-priced homes saw gains, while lower price ranges faced supply challenges. The benchmark price for residential properties increased by over 7% annually. (source)

🏠 Property values in Calgary have surged, with residential properties seeing a 15% increase. The median single-family home is now valued at $697,000, up from $610,000 in 2024. Condos experienced an even more significant jump, with median values rising to $359,000 from $295,000. (source)

🏗️ The city is reviewing at least nine new community applications in 2025, with more expected. This expansion aims to meet the persistent housing demand in Calgary, offering diverse options for potential residents. (source)

💰 The Canadian housing market is showing signs of a rebound, with forecasts indicating increases in both sales and prices for 2025. This trend is driven by anticipated interest rate cuts and renewed buyer confidence. (source)

🏙️ Calgary continues to attract new residents, with strong population growth driving demand in the real estate market. The city's relative affordability and job availability are key factors in this trend. (source)

🎩 Calgary is leading Canada in luxury real estate market growth. High demand for high-end homes is expected to continue in 2025, following a year of growth outpacing all other major Canadian markets. (source)