CREB forecast for calgary real estate 2025
CREB® Unveils 2025 Forecast Calgary and Region Yearly Outlook Report
The Calgary Real Estate Board (CREB®) is pleased to announce the release of its 2025 Forecast Calgary and Region Yearly Outlook Report. This comprehensive report, prepared by CREB® Chief Economist Ann-Marie Lurie, provides an in-depth analysis of Calgary’s economic and housing market trends for the upcoming year.
The 2025 report highlights how easing lending rates, improved supply, and continued population and employment gains are shaping Calgary’s housing market. However, factors like slowing migration, increased competition from new home construction, and heightened economic uncertainty are expected to moderate growth in resale activity.
According to Chief Economist Ann-Marie Lurie, “In 2025, housing demand is expected to remain strong, with sales forecasted to exceed 26,000 units—over 20 per cent higher than long-term trends. While we anticipate stable sales levels overall, market dynamics will shift as rental rate adjustments and supply improvements influence different segments of the housing market.”
The report also predicts that Calgary’s housing market will transition toward balanced conditions, with price growth moderating to an expected annual gain of three per cent. Variations in price growth are anticipated across market segments, as competition from new homes is expected to impact some sectors of the resale market.
Lurie adds, “While the market is expected to be more balanced than in recent years, significant economic risks—such as potential tariffs—could impact activity. These risks will be crucial to watch as we navigate through 2025.”
The 2025 Forecast Report reinforces CREB®’s commitment to equipping industry professionals and the public with valuable insights to inform decision-making in a dynamic real estate landscape.
The Ultimate Guide to Real Estate in Calgary, Alberta (2025)
Calgary, Alberta, is one of Canada’s most dynamic real estate markets, offering opportunities for both investors and homebuyers. With its breathtaking natural surroundings, strong economy, and growing population, Calgary continues to attract interest from across the country and beyond. Here’s everything you need to know about Calgary’s real estate market in 2025
Why Choose Calgary?
1. Affordable Housing: Compared to other major Canadian cities like Toronto and Vancouver, Calgary offers more affordable housing options.
2. Economic Growth: As a hub for the energy, technology, and financial sectors, Calgary boasts a strong job market.
3. Quality of Life: With stunning views of the Rocky Mountains, excellent schools, and vibrant cultural events, Calgary is a fantastic place to live and work.
4. Population Growth: The city’s growing population has spurred demand for both residential and commercial properties.
Calgary’s Real Estate Market Trends in 2025
1. Detached Homes
Detached single-family homes remain a popular choice, especially in neighborhoods like Altadore, Aspen Woods, and Tuscany. With rising interest rates, buyers are leaning toward homes that offer long-term value.
• Average Detached Home Price (2025): $700,000–$800,000
• Market Insight: Inventory for detached homes is tightening, making it a seller’s market in this segment.
2. Condominiums and Apartments
For first-time buyers and downsizers, Calgary’s condo market provides affordable entry points into homeownership. Downtown neighborhoods like Beltline and East Village are hotspots for modern, high-rise living.
• Average Condo Price (2025): $300,000–$400,000
• Market Insight: Condo prices have stabilized, with an increasing number of eco-friendly and smart-home developments.
3. Rental Market
With an influx of students, young professionals, and immigrants, Calgary’s rental market is thriving. Communities like Brentwood, Mission, and Sunnyside offer proximity to schools, transit, and amenities.
• Average Monthly Rent (2025):
• 1-Bedroom: $1,600
• 2-Bedroom: $2,200
Best Neighborhoods to Invest in Calgary
1. Beltline
Known for its nightlife, dining, and walkability, Beltline is ideal for young professionals. The area continues to see new condo developments.
2. Evanston
A family-friendly suburb with spacious homes, parks, and top-rated schools. Evanston is perfect for growing families.
3. Seton
Calgary’s emerging “downtown south,” Seton offers a mix of residential, retail, and healthcare facilities.
4. Altadore
A premium neighborhood close to the city center, Altadore is known for its luxury homes and community feel.
Tips for Buyers and Investors
1. Understand the Market: Stay informed about trends, mortgage rates, and average home prices in Calgary.
2. Work with a Realtor: A local real estate agent can provide valuable insights into the best neighborhoods and deals.
3. Consider Future Developments: Look for areas with planned infrastructure projects, as these can boost property values.
Final Thoughts
Calgary’s real estate market in 2025 offers a unique blend of affordability, opportunity, and quality of life. Whether you’re looking to buy your first home, invest in rental properties, or move into a family-friendly neighborhood, Calgary has something for everyone.
Ready to explore Calgary’s real estate opportunities? Contact a trusted local realtor today and take the first step toward your dream property!
FAQs About Calgary Real Estate
1. What is the average home price in Calgary in 2025?
The average price for detached homes is around $750,000, while condos average $350,000.
2. Is Calgary a good city for real estate investment?
Yes, Calgary’s growing economy, population, and affordable housing make it an excellent investment location.
3. Which neighborhoods are best for families?
Evanston, Tuscany, and Mahogany are popular choices for families due to their amenities and schools.