As we move into the first week of August, let’s take a look back at how Calgary’s real estate market performed during the week of July 28, 2025. While summer activity remains steady, the latest trends show how different property types are reacting to shifting inventory and demand across the city. Here’s your recap of the key numbers and insights.

Market Stats at a Glance

Total Active Listings: 7,302 (↑ 1.4% from last week)

Homes Sold (Last 30 Days): 2,289 (↓ 2.0%)

Average Sold Price (All Types): $653,870 (↑ 0.4%)

Months of Supply: 3.1 – Balanced, slightly favouring sellers

Average Days on Market: 34 (↑ 1 day)

Detached Homes

Average Price: $844,900

Days on Market: 30

Absorption Rate: 44%

Trend: Detached homes remain in high…

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Thinking about buying or selling a home in Calgary in 2025? One major question keeps coming up—should you renovate first? Renovations can boost your property's value or make your new home perfect for your needs. But they also cost time and money. Knowing when and if to renovate depends on many factors. This article will help you decide if a renovation makes sense in Calgary’s lively real estate market today.

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The Calgary Real Estate Market in 2025: An Overview

Current Market Trends and Data
Calgary’s housing scene in 2025 stays active. Prices are slowly climbing, with average home prices around $520,000, up 4% from last year. Inventory levels are tight, meaning fewer homes are available, which keeps prices steady. Demand…

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Buying your first home is a huge milestone—and if you’re looking in Calgary, you’re in a great place to start. Whether you’re tired of renting or ready to build equity, this guide walks you through everything you need to know as a first-time buyer in Calgary.

1. Understand Your Budget

Before you fall in love with a home, know how much you can afford. Consider:

  • Your down payment (minimum 5% in Canada)
  • Monthly mortgage payments
  • Property taxes and home insurance
  • Closing costs (legal fees, inspection, etc.)

Tip: Get pre-approved for a mortgage before house hunting. It shows sellers you’re serious—and helps narrow your search.

2. Choose the Right Calgary Neighborhood

Do you want a quiet suburban community or a downtown condo…

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Looking to invest in Canadian real estate in 2025? Calgary is leading the charge as one of the country’s top-performing markets. From rapid price growth to lifestyle perks, Calgary offers incredible value whether you're buying your first home or expanding your investment portfolio.

Calgary Real Estate Ranked #2 Nationally in 2025

According to MoneySense’s 2025 “Where to Buy Real Estate in Canada”, Calgary ranks #2 nationwide, scoring 3.69 out of 5 stars. The report considers key metrics such as price growth, local demand, and overall value, showing that Calgary is one of the best cities to buy real estate in Canada this year.


Calgary’s Home Prices Continue to Climb

  • Benchmark home price (2025): $577,367
  • 5-year growth: 41%
  • 3-year…

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1. Schools and Education

Calgary is known for its excellent school system, including:

  • Public Schools (Calgary Board of Education - CBE)
  • Catholic Schools (Calgary Catholic School District - CCSD)
  • French Immersion Programs
  • Private and Charter Schools

You can search for school zones and compare rankings through the Fraser Institute.

Pro Tip: Always verify what school a property is zoned for before making an offer.

2. Family-Friendly Neighborhoods

Some of the most popular Calgary communities for families include:

  • Tuscany – Quiet, safe, and full of parks with good schools nearby
  • Evanston – Great for young families, with new schools and shopping centers
  • Brentwood – Mature community with excellent school rankings and…

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What Is a Home Inspection?

A licensed home inspector is hired by the buyer to examine the condition of the property. They check:

  • Roof and attic
  • Foundation and structure
  • HVAC, plumbing, and electrical systems
  • Windows, doors, and appliances
  • Signs of water damage, mold, or pests

After the inspection, the buyer receives a detailed report, which they may use to:

  • Request repairs
  • Ask for a price reduction
  • Walk away from the deal (if the contract allows it)

Step 1: Don’t Panic

Most inspection reports include minor issues—no home is perfect. Small items like loose door handles or worn-out caulking are common and rarely deal-breakers.

Focus on major concerns like:

  • Roof damage
  • Foundation cracks

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The Bank of Canada has held the overnight interest rate at 2.75%, with the Bank Rate remaining at 3.00%.
This decision reflects ongoing uncertainty tied to U.S. tariffs, global trade tensions, and their impact on the Canadian economy.

Global Economic Outlook 2025

  • U.S. economic growth slowed in early 2025, though the labour market remains resilient.

  • The Eurozone posted modest gains, while China offset export losses to the U.S. with gains in other markets.

  • Oil prices remain stable; global equity markets are strong; and the Canadian dollar has strengthened against a weakening U.S. dollar.

  • Global GDP growth is forecasted to slow to 2.5% by the end of 2025, with a projected rebound to ~3% in 2026–27.

Canadian…

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Calgary's red-hot housing market is beginning to show signs of balance—and that's big news whether you're buying, selling, or investing. After nearly two years of tight inventory and aggressive bidding, 2025 is ushering in a new chapter: more listings, more choices, and more time to think.

Calgary Market Report May 2025

Rising Inventory = A More Balanced Market

For the first time since 2022, Calgary's housing inventory is climbing. In May 2025, the months of supply reached 2.6—a major shift from the sub-1 levels we saw last year. This means:

  • Buyers now have more time to make decisions.
  • Sellers need to price and present their homes competitively.
  • Investors may start seeing more negotiation opportunities.

 

Prices Holding…

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1. Understand the Calgary Market

Before listing your home, research the current market conditions in Calgary. Is it a buyer’s market or a seller’s market? What are similar homes in your neighbourhood selling for?

  • Use tools like the Calgary MLS® or our free searching tool https://calgaryhomeselling.ca/search
  • Monitor average days on market in your community
  • Talk to a local real estate expert for a free home evaluation

2. Choose the Right Real Estate Agent

Partnering with an experienced Calgary REALTOR® makes all the difference. A great agent will help with pricing, marketing, and negotiations.

What to look for:

  • Knowledge of Calgary neighborhoods
  • Strong marketing strategy (professional photos, social media, MLS)

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Choosing the right real estate agent is one of the most important decisions you'll make when buying or selling a home. The right agent can help you navigate market trends, negotiate with confidence, and avoid expensive mistakes. Unfortunately, many buyers and sellers fall into the same traps, costing them time, money, and peace of mind.

If you're planning a move in Calgary, here are 7 common mistakes to avoid when hiring a real estate agent:

1. Choosing a Family Friend Just Because You Know Them

While it’s tempting to hire someone you know, relationships shouldn’t replace qualifications. A trusted friend might mean well, but if they lack the experience or market knowledge, it could cost you thousands. Always ask the tough questions—no…

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