Calgary’s housing market is shaped by more than just sales numbers. Our real estate and economy insights cover interest rates, affordability, migration, employment, and other key trends that influence the local market.

Why Altadore Remains One of Calgary’s Hottest Neighbourhoods

Altadore continues to attract both young professionals and families who want an inner-city lifestyle without sacrificing space. With its proximity to Marda Loop, top-rated schools, and the Elbow River pathway system, demand has stayed strong even as the overall Calgary market balances in 2025.

According to recent Calgary Real Estate Board data, detached homes and new infills in Altadore have seen faster days-on-market compared to other southwest communities. Buyers are especially drawn to homes with modern finishes, energy-efficient upgrades, and outdoor living spaces.

What’s Selling Fast in 2025

Here’s what’s leading the pack this year:

  • New and semi-detached infills with…

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Why Interest Rates Matter for Buyers and Sellers

Interest rates directly affect mortgage affordability. Every 0.25% cut in the Bank of Canada’s policy rate can reduce monthly mortgage payments, making it easier for buyers to qualify and increasing overall demand. For sellers, lower rates often bring more showings, quicker sales, and stronger offers.

In Calgary’s 2025 market, affordability remains top of mind. With borrowing costs trending downward, buyers and sellers alike should understand how rate changes translate into real-world opportunities.

How a 0.25% Rate Cut Affects Your Monthly Payment

Let’s break down an example:

  • Mortgage Amount: $500,000

  • Amortization: 25 years

  • At 5.50%: Monthly payment ≈ $3,045

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Calgary’s real estate market has been making headlines in 2025. While million-dollar homes in Toronto or Vancouver may only buy a modest property, Calgary’s luxury real estate offers buyers significantly more value. From sprawling lots in prestigious neighbourhoods to modern estates with panoramic mountain views, Calgary’s $1M+ homes are attracting both local and international buyers.

What Does $1M Buy in Calgary Today?

  • Average size: ~2,800–3,500 sq. ft.

  • Lot sizes: Larger than comparable Vancouver/Toronto homes.

  • Features: 4–5 bedrooms, chef’s kitchens, triple-car garages, luxury finishes.

  • Common add-ons: Home gyms, wine cellars, smart home technology.


Elegant living room with high ceilings and modern finishes in a Calgary luxury home.

Calgary’s Top Luxury Neighbourhoods

Aspen Woods

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The Calgary real estate market is shifting in 2025. After years of tight supply and strong competition among buyers, inventory levels are climbing to multi-year highs. This means that buyers are starting to regain leverage, particularly in some housing segments like condos and specific suburban communities. If you’ve been waiting for the right time to enter the market, this could be it.

What Is a Buyer’s Market?

A buyer’s market happens when the number of homes available outpaces the number of buyers. This shift creates more options for buyers and reduces competition, giving them greater negotiating power.
By contrast, a seller’s market favours homeowners because limited supply drives multiple offers and rising prices.

If you’re still deciding…

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The Bank of Canada has just made its first interest rate cut since March. On September 17, 2025, the overnight benchmark rate was lowered by 25 basis points from 2.75% to 2.50%. This decision marks a shift from recent months of holding steady. In this post, we’ll break down what the change means, how it affects mortgage costs in Calgary, and what homeowners, buyers, and sellers should be considering now.

What the Announcement Was

  • The Bank cut its key policy rate by 0.25%, bringing it to 2.50%, citing a “weaker economy,” rising unemployment (above 7%), and fewer inflation risks.

  • This is the first rate cut since March 2025.

  • The BoC noted that while inflation remains relatively stable and within target, economic pressures — such…

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Calgary’s rental market continues to evolve, driven by rising demand, limited supply, and affordability challenges for buyers. For real estate investors, the big question is: what’s the better investment — a traditional condo or a purpose-built rental (PBR) property? Both options come with unique advantages, risks, and long-term strategies. Here’s a breakdown to help guide your decision.

1. Upfront Costs and Financing

Condos: Typically more accessible for first-time investors. Lower purchase prices make them easier to finance, especially with rising interest rates. However, condo fees can impact profitability.

Purpose-Built Rentals (PBRs): These properties often require higher upfront capital and are usually geared toward institutional or…

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As affordability challenges continue and more Calgarians turn to renting, the rental market is undergoing big changes. Two main options dominate the landscape — purpose-built rentals and condo rentals. Each has unique advantages and drawbacks, and both are shaping the future of Calgary’s housing market.

Purpose-Built Rentals

Purpose-built rentals are designed from the ground up for tenants and are owned by developers or property companies. They’re professionally managed and often include on-site staff and modern amenities.

Advantages:

  • Tenant stability with less risk of eviction due to a sale.
  • Professional management ensures timely maintenance.
  • Modern buildings often include gyms, coworking areas, and pet-friendly spaces.

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As summer winds down, Calgary’s housing market remains active, though shifts are becoming more noticeable across property types. August 2025 data reveals trends in sales, inventory, and pricing that highlight where opportunities and challenges lie for both buyers and sellers.

Overall Calgary Market

  • Total Sales: 2,024 transactions
  • New Listings: 3,514
  • Active Listings: 6,704 homes on the market
  • Average Price: $609,070
  • Median Price: $563,150
  • Sales-to-New-Listings Ratio: 57.6%
  • Sales-to-List Price Ratio: 97.98%

This points to conditions that remain balanced but leaning toward sellers, with most homes still selling close to asking price.

Detached Homes

  • Total Sales: 996
  • New Listings: 1,748
  • Active Listings: 3,075

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As summer winds down and Labour Day weekend approaches, Calgary’s real estate market often shifts gears. While August tends to be quieter, September brings renewed activity as families settle back into routines and buyers and sellers refocus on their goals.

Here’s what Labour Day means for you — whether you’re buying or selling in Calgary this fall.

For Buyers: Time to Act Before Competition Rises

  • Take advantage of early fall inventory. New listings typically increase after Labour Day as sellers aim to capture autumn demand.
  • Get pre-approved now. Interest rates remain a key factor; having financing in place lets you act quickly.
  • Watch for motivated sellers. Homeowners who delayed listing in summer may be more willing to negotiate in…

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For many Calgarians, Labour Day weekend signals the unofficial end of summer. Families enjoy one last trip to the mountains, kids prepare to head back to school, and homeowners turn their attention to fall routines. But for Calgary’s real estate market, Labour Day is more than just a long weekend—it’s a natural turning point that shifts the momentum of buying and selling.

1. The End of the Summer Rush

Traditionally, spring and summer are the busiest seasons in Calgary real estate. Warmer weather, longer days, and school holidays make it easier for families to list homes, attend showings, and move. By the time Labour Day arrives, the peak season is winding down. Many buyers who wanted to settle in before the school year have already purchased,…

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