Calgary Real Estate Market Update - Q3 2025

By Jessica Chan | October 2025

The Calgary housing market is showing signs of cooling in the third quarter of 2025, following three consecutive years of strong growth. After rapid price increases and competitive offers since 2021, the market is starting to stabilize, with rising inventory and slower sales activity across all housing types.


Detached Homes: Slight Price Correction

The benchmark price for detached homes in Calgary rose from $537,000 in September 2021 to $757,000 in September 2024, a $220,000 increase in three years. As of September 2025, the benchmark price has adjusted slightly to $749,900, marking a 0.94% decrease compared to the same period last year.

Detached benchmark price from 2021-2025

 

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Calgary Real Estate Market Update - Q2 2025

 

By Jessica Chan | July 2025

As we enter the second half of 2025, many buyers and sellers are asking: Where is Calgary’s housing market heading? After a relatively stable first quarter, the second quarter brought more noticeable signs of a slowdown across all property types.

In this Calgary real estate market update for Q2 2025, I’ll break down what’s happening with detached homes, townhouses, and condos—and what it could mean for you in the months ahead.

 

Economic Uncertainty Shaping the Market

The start of 2025 was marked by uncertainty—federal elections in Canada, global instability including conflict in the Middle East, and ongoing speculation around interest rates and the…

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Calgary Real Estate in 2025: 1st Quarter Market Review

We’ve been experiencing a changing market since the start of the New Year. We noticed that certain properties are still selling quickly and even going into multiple offer situations, while some listings have been sitting on the market for months with little activity.

Q1 2025 Real Estate Stats – Calgary at a Glance

Based on the first quarter statistics, single-family homes continue to see a rise in benchmark prices. In December 2024, the benchmark price was $747,500, and by March 2025, it had increased to $769,800—that’s a 3% increase in just three months, and a 4% increase compared to March last year. However, when we look at sales volume, only 2,472 detached homes sold in the past…

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Calgary Real Estate Market Forecast: What to Expect in 2025

Happy New Year! As we step into 2025, Canadians face a challenging economic landscape filled with uncertainties. The first week of the new year brought major political and economic shifts:

  • Prime Minister Justin Trudeau has resigned, and Parliament has been prorogued until March 24, 2025.
  • In two weeks, Donald Trump will return as President of the United States, threatening a 25% tariff on Canadian imports.

These developments could have a massive impact on the economy, affecting industries and consumer behavior across Canada, including the housing market.

Calgary Real Estate Trends: A 5-Year Look Back

2015-2019: Pre-COVID Decline

  • Low oil and gas prices led to…

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2024 Forecast in Calgary Real Estate: Market Trends and Our Predictions


Happy New Year!! 
Wish everyone has a Prosperous and Healthy 2024!!

Today I would like to review the Calgary Real Estate Market in the last 2 years and forecast 2024!

Calgary's Real Estate market was strong in the last 2 years especially in 2023 when other cities in Canada were affected by the increase in the interest rates, house prices were dropping, and only Calgary kept on rising throughout the year.  


Total Residential Benchmark price was $516,200 in Dec 2022, and finished at the end of 2023 at $570,100, 10.4% increase.

If we look closer to different types of properties, their increases are much higher.

Single family home Benchmark price is now …

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Calgary Real Estate in 2023: 3rd Quarter Market Review

Is Calgary still seller's market? With such a high interest rate, is it still good time for you to invest? Winter is around the corner. Are we expecting the market to slow down? Let's find out in the video.

We finished the third quarter with a record high in sales. In September, 2441 total sales. 548 sales more than last September. Total new listings in September also improved, 21.6% more than last year, but still not enough to take us out of the sellers market condition.

We're still short of inventory. Single detached home benchmark price is at $696,100 very much the same as August, but it is 11.1% higher compared to last September, a slight increase from second quarter of this year.…

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Calgary Real Estate in 2023: 2nd Quarter Market Review

 The Calgary Real Estate market is so hot right now. Is this still a good time to buy? The interest rate is high. Do you think the market is coming down?

 Today I'm here to talk about the second quarter of the Calgary real estate market. Continue with the rising trend in the first quarter.

 

The second quarter is also doing really good in the Calgary market. For Single-Family Home, right now the benchmark price is $685,100.

 

Almost 11% increase from the end of December. For Apartment, the price has increased by 12.38%

 

and Townhouses has gone up almost 13% compared to the year end of 2022.

So this increase causing based on the single family home being…

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Calgary Real Estate in 2023: 1st Quarter Market Review

Are we at Buyer or Seller Market?  What caused the market to be so active in the first quarter?
Let's take a look at the 1st Quarter 2023 Market Review.

To everyone's surprise, the sales price for all single-family homes, townhouses, and apartments are up from the end of December benchmark prices.

The single-family home Benchmark price at the end of 2022 was $619,600. 


Due to the low inventory in Jan and February, the benchmark price has gone up to $649,800 in March, and it is higher than the peak market in May of 2022 ($648,500 at that time). Benchmark price has gone up 4.8% in 3 months' time.

For the Apartment, the Benchmark price has gone up 6.8% in the last 3…

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