Calgary Market ReportsHome BuyersHome Sellers January 22, 2025

2025 Calgary Real Estate Market: Trends, Opportunities, and What It Means for You

As we step into 2025, Calgary’s real estate market is shaping up to be an exciting space filled with opportunities for buyers, sellers, and investors. Following a few dynamic years marked by record-breaking population growth and tight market conditions, the year ahead offers a mix of stability, balance, and growth. Let’s dive into the trends you need to know and how they might impact your real estate goals.

A Strong Market with Shifting Dynamics

The Calgary housing market is projected to maintain its strength, with sales expected to stay 20% above long-term trends. Easing lending rates, continued migration, and better inventory options are fueling demand, even as economic uncertainty and slower population growth temper the pace.

While 2025 won’t replicate the frenzied pace of past years, the forecasted 26,000+ sales reflect a robust market that’s finding its balance. For buyers and sellers alike, this is a year to navigate opportunities carefully, armed with the right information and strategies.

Detached Homes: A Stable Option Amid Changing Conditions

Detached homes continue to be a cornerstone of Calgary’s housing market. Improved supply in higher price ranges is expected to ease the tight conditions that dominated recent years, creating more balanced market dynamics. Lower lending rates are unlocking opportunities for buyers who may have been priced out previously.

What to Watch:

  • Price growth is expected to moderate to 3% as the market stabilizes.
  • Demand for homes in the $600,000+ range will benefit from increased inventory, offering more choices for move-up buyers.
  • Communities with lower-priced detached homes will likely see stronger price growth due to persistent demand.

For those considering selling, this market rewards preparation and competitive pricing. A well-marketed home in desirable neighborhoods will continue to attract interest.

Semi-Detached & Row Homes: Rising Stars of Affordability

Affordability challenges in the detached market have shifted many buyers toward semi-detached and row homes, a trend that’s set to continue in 2025. These property types offer a more accessible entry point while maintaining the benefits of homeownership.

Key Highlights:

  • Semi-detached home prices are forecasted to grow by 3.1%, while row homes will see an increase of 3.4%.
  • Rising supply levels in these segments will ease price pressures, creating opportunities for buyers.
  • Affordability-focused districts, such as the North East and East Calgary, are expected to see the strongest demand and price growth.

For buyers, these property types offer a chance to step into homeownership without the higher price tag of detached homes. Sellers, meanwhile, can benefit from strong demand by presenting their homes as move-in ready options for cost-conscious buyers.

Apartments: More Choices, Moderate Price Growth

The apartment market in Calgary is experiencing significant changes as new construction adds supply to both the rental and resale sectors. In 2025, these dynamics are expected to bring more balance to a market that has seen sharp price increases in recent years.

The Outlook:

  • Price growth is expected to slow to 1.8% as inventory increases and rental demand eases.
  • Buyers looking for affordable options will find more choices, especially in higher-priced segments.
  • Developers are adding purpose-built rental units, which will continue to compete with resale apartments and moderate price growth.

For investors, the apartment market remains a viable option, but strategic property selection will be critical in balancing rental income potential with market competition.

Economic and Demographic Trends Supporting Growth

Calgary’s real estate market isn’t just about housing—it’s deeply connected to the city’s economic and demographic trends. In 2025, Alberta’s economy is expected to grow, driven by:

  • Investments in energy, AI, and alternative industries like carbon capture and food manufacturing.
  • Resilience in the energy sector, supported by favorable exchange rates and the TMX pipeline.
  • Anticipated rate cuts by the Bank of Canada, which will make borrowing more affordable.

While international and interprovincial migration is slowing from record highs, Calgary’s population growth remains robust compared to provincial averages. This continued influx of people will sustain demand for housing across all market segments.

What Buyers Need to Know in 2025

With increased supply and moderating price growth, buyers have a chance to find their ideal home without the competitive pressures of previous years. Here’s how you can make the most of this opportunity:

  • Be Prepared: Get pre-approved for a mortgage and understand your budget to act quickly when the right property becomes available.
  • Explore Your Options: With more inventory in the market, you can compare different property types and neighborhoods to find the best fit.
  • Work with an Expert: Partnering with a REALTOR® who knows the local market can help you navigate this evolving landscape and secure the best deal.

Advice for Sellers in a Balancing Market

While Calgary’s real estate market remains strong, the shift toward balance means sellers need to be strategic to achieve their goals. Here’s how to succeed:

  • Price It Right: Competitive pricing is crucial in attracting buyers and generating interest in a market with more options.
  • Focus on Presentation: Staging your home and addressing any necessary updates can make your property stand out.
  • Partner with a Pro: A knowledgeable REALTOR® will provide insights on market trends, marketing strategies, and negotiation tactics to maximize your sale.

Looking Ahead: Opportunities for Investors

For real estate investors, 2025 offers a mix of opportunities and challenges. Lower lending rates and increased rental supply create favorable conditions for those seeking long-term rental properties. However, choosing the right location and property type will be essential to navigate increased competition and evolving market dynamics.

Key Areas to Watch:

  • Affordable neighborhoods with strong rental demand.
  • Semi-detached and row homes for mid-range investment opportunities.
  • High-growth districts benefiting from population inflows and infrastructure developments.

Calgary Real Estate in 2025: A Market of Opportunities

The 2025 Calgary real estate market offers a unique blend of stability and growth. With increased supply, moderating price growth, and favorable economic conditions, buyers, sellers, and investors have a chance to achieve their goals in this dynamic environment.

Whether you’re looking to buy your first home, sell and move up, or expand your investment portfolio, understanding these trends is key. As always, I’m here to provide guidance, answer your questions, and help you make informed decisions. Let’s navigate this exciting year together!

📩 Reach out today to start planning your real estate journey.