Hey Team,
Hello Real Estate District,(Click here if you want to watch the video instead of reading)2025 is off to a dynamic start, and Calgary’s real estate market is looking like a giant puzzle where every piece is shifting—luckily, we’ve got the guide to put it all together! Let’s break it down.Big Picture: 2025 Market Forecast
- Strong demand: Sales are expected to hit 26,000 units, 20% above long-term trends. Buyers are showing up, but they’re getting pickier.
- Balanced conditions: Price growth is slowing to a more manageable 3% annual gain—no more runaway price hikes!
- New home construction: The cavalry is here, with new builds adding much-needed supply to balance the market.
- Alberta’s economy is diversifying, with investments in alternative energy, AI, and carbon capture. It’s like Calgary’s getting a glow-up!
- Employment is forecasted to grow by 2.3%, with construction, healthcare, and education leading the charge.
This Week’s Market Trends:
- Showings: Up 12% week over week, with the luxury market making big moves.
- Homes in the $900K to $1M range saw a 20% jump, and properties over $1M climbed 15%. Buyers with deep pockets are clearly on the hunt.
- New listings: On track to hit 3,400 for January, 9% higher than the monthly average. However, total inventory is still only 72% of what we’d expect—demand remains ahead of supply.
- Sales: After a steady start, sales are pacing to land 7% higher than the January average.
Opportunities in 2025:
Threats to Navigate:
Takeaway:Calgary’s market is evolving—demand is high, inventory is tight, and opportunities are ripe for those who are ready to act. The key this year? Strategic pricing, staying ahead of market shifts, and seizing opportunities in new builds and first-time buyer segments. And remember: Whether it’s a $300K condo or a $3M mansion, every home is just waiting for the right buyer. Let’s make it happen!
Happy Selling! 
- Improved supply: New home construction is giving buyers more options and easing price pressures.
- Luxury market growth: Showings and sales in the $1M+ range suggest strong demand for high-end homes. Time to dust off your luxury listing strategies!
- First-time buyers: With easing lending rates and more inventory, there’s a sweet spot for homes under $700K or condos around $350K.
- Rental property investment: Calgary’s affordability (compared to other major cities) and in-migration make this an attractive play for investors.
Threats to Navigate:
- Affordability challenges: The shift to higher-priced homes could push first-time buyers out of the market.
- Economic uncertainty: Inflation and interest rates could throw a wrench in the works, so keep an eye on the macro picture.
- Oversupply risk: New construction is booming, but if demand doesn’t keep up, inventory could overshoot.
Takeaway:Calgary’s market is evolving—demand is high, inventory is tight, and opportunities are ripe for those who are ready to act. The key this year? Strategic pricing, staying ahead of market shifts, and seizing opportunities in new builds and first-time buyer segments. And remember: Whether it’s a $300K condo or a $3M mansion, every home is just waiting for the right buyer. Let’s make it happen!
Steve Phillips