Let’s be honest, Calgary’s real estate market has been unpredictable for the last few years. Between interest rate hikes, tight inventory, and waves of buyers coming in from other provinces, most people are confused about where the market is heading.
So let’s cut through the noise and get into what’s actually happening, what you should watch in 2025, and how to position yourself so you don’t make a regret-filled decision later.
1. Inventory is still tight, and it’s not magically fixing itself
New listings simply aren’t keeping up with the number of buyers. Construction is behind, resale homeowners are hanging onto low mortgage rates, and demand isn’t slowing down.
Tight inventory = properties selling fast when priced right.
Buyers: Be prepared, be pre-approved, know your numbers.
Sellers: Leverage the lack of competition, but don’t get greedy, the market still punishes overpricing.
2. Interest rates will likely stabilize, not crash
Everyone’s waiting for the “big drop.” Spoiler, it’s not happening.
Rates might ease slightly, but we’re not going back to 2 percent mortgages. Buyers who wait for that are going to be waiting forever.
The smart move, buy the home now that fits your budget, then refinance later when the opportunity comes.
3. Calgary is still growing like crazy
People are moving here for affordability, lifestyle, safety, and opportunity. As long as other major cities stay expensive, Calgary will keep getting new residents.
More people moving here = more demand = long-term price stability.
If you’re buying now, you’re catching the wave before the next jump.
4. Condos and townhomes will dominate 2025
Detached homes are becoming out of reach for a lot of first-time buyers. This pushes more people into townhomes and condos.
If you own one already, good news, demand is rising. If you’re buying your first home, this is where the best opportunities will be for the next 12 months.
5. Buying and selling at the same time is finally easier
2023 and 2024 were rough years for move-up buyers. Homes were selling too fast, inventory was too low, and timing felt impossible.
2025 is more balanced. You can realistically buy and sell with less panic, as long as the pricing strategy is tight and the marketing is strong.
So… what should YOU do in 2025?
Whether you’re buying or selling, here’s the blunt truth:
Do not wait for “perfect conditions.”
They don’t exist, and the people who keep waiting end up paying more later.
If your life, income, and timing make sense for a move, the right strategy will get you the right result.
And if you’re unsure whether now is the right time, that’s exactly why I offer my Free Annual Home Investment Review.
I break down:
Your home’s current market value
Your equity position
Your 1-year, 3-year, and 5-year wealth projections
Your best move (sell, upgrade, invest, or hold)
Message me if you want your annual review done.