What Happened With the Housing Market in Calgary in 2025?

calgary real estate in 2025

What Happened With the Housing Market in Calgary in 2025?

The housing market in Calgary in 2025 was defined by strong demand, rising prices, and a steady push to increase supply. Buyers remained active all year as population growth continued and affordability, compared to other major cities, kept Calgary in focus. While conditions shifted at times, the market stayed resilient from January through December.

The Housing Market in Calgary in 2025

One of the biggest stories in 2025 was demand. Calgary continued to attract buyers from across Canada, especially from Ontario and British Columbia. Many were looking for more space and lower overall housing costs. This kept pressure on inventory, particularly for detached homes and entry-level properties. Even as more homes were listed, well-priced properties still sold quickly.

Prices rose again in 2025, though not at the same pace as previous years. Early in the year, competition remained strong, with multiple offers common in popular neighbourhoods. As the year went on, the market began to balance. Buyers had more choices, and sellers had to be realistic with pricing. Homes that were priced correctly and showed well continued to perform best.

Interest rates also played a role. Rate stability helped restore buyer confidence after uncertainty in prior years. Buyers became more careful with budgets and focused on monthly payments rather than the maximum purchase price. This led to increased interest in townhomes, duplexes, and smaller detached homes across the city.

Supply was another key theme. Calgary saw continued construction activity in 2025, including new communities and infill projects. While this helped, it did not fully keep up with demand. Inventory improved slightly, but not enough to slow the market in a meaningful way. This kept prices supported and reduced the risk of major corrections.

Looking Ahead to 2026

Overall, the housing market in Calgary in 2025 showed strength and stability. It rewarded informed buyers and prepared sellers. As the city moves into 2026, Calgary remains one of the most-watched real estate markets in Canada.

If you are planning to buy or sell, understanding how 2025 unfolded can help you make smarter decisions moving forward. Contact me anytime to talk about your next move.

FAQ About the Housing Market in Calgary

Was 2025 a good year to buy in Calgary?

Yes. Buyers faced competition, but steady rates and more listings later in the year created opportunities.

Did home prices increase in Calgary in 2025?

Yes. Prices rose overall, though growth slowed compared to previous years.

What mattered most for sellers in 2025?

Accurate pricing and strong presentation. Homes that met market expectations sold faster.