Calgary Real Estate Market Review 2025 & 2026 Forecast

Happy New Year! Wishing you a prosperous and successful 2026!

This year marks my 35th year in real estate, and I am deeply grateful to the thousands of clients who have trusted me over the decades. With my experience, I am committed to helping you navigate Calgary’s real estate market. If you have questions about buying or selling in Calgary, don’t hesitate to reach out.


 Watch my full Calgary Real Estate Market 2025 Review & 2026 Forecast video below:

 Today, we’ll review the Calgary real estate market in 2025 and share insights and predictions for 2026.

Calgary Real Estate Market 2025: Single-Family Homes

Calgary experienced a strong housing market from 2021 through 2024,…

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Calgary Real Estate Market Update - Q3 2025 - We are in Buyer's Market!?

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…

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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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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: 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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Calgary Real Estate Market 2022 Forecast

2021 was an exceptional year for Calgary Real Estate.  

Total sales in 2021 were 27,686, over 11,500 more sales compared to 2020.

For single-family homes, total sales were 17,038, over 7000 more sales compared to 2020, bringing the Benchmark price to $547,300, 11.9% increase from 2020.


The Forecast for 2022 is promising. Despite the pandemic and our economy still suffering, positive news like Amazon will open a cloud computing hub near Calgary and that will offer 950 job opportunities that are exciting news for Calgarians.

We are expecting positive migration from other provinces to Calgary. The new trend of working from home also brings lots of people from B.C. and Ontario who…

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