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.
