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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