CREB® Releases 2025 Calgary Housing Market Outlook

The Calgary Real Estate Board (CREB®) has unveiled its 2025 Forecast Report, offering insights into Calgary's economic and housing trends. Key highlights include:

  • Demand: Sales are projected to surpass 26,000 units, 20% above long-term trends.

  • Market Balance: Easing lending rates, improved supply, and steady demand will drive a shift toward balanced conditions.

  • Price Growth: A moderate annual increase of 3% is expected, with variations across market segments due to new home competition.

  • Risks: Economic uncertainties, including potential tariffs, may impact market dynamics.

Chief Economist Ann-Marie Lurie emphasizes the importance of monitoring risks as Calgary’s housing market evolves.

Jan 22, 2025