Every year the Calgary Real Estate Board (CREB®) announces their forecast for the Calgary real estate market. This is such informative, valuable information for you to have as a buyer, seller, investor, or window-shopper. Real Estate is a major financial investment, so you want to ensure you go into any kind of transaction with eyes wide open. Here are some of the highlights from their report, which you can read in full by clicking here:
- "Easing lending rates, improved supply, and continued population and employment gains are shaping Calgary’s housing market" (CREB®).
- "Factors like slowing migration, increased competition from new home construction, and heightened economic uncertainty are expected to moderate growth" (CREB®).
- "Calgary’s housing market will transition toward balanced conditions, with price growth moderating to an expected annual gain of three per cent" (CREB®).
Chief Economist Ann-Marie Lurie notes, "In 2025, housing demand is expected to remain strong, with sales forecasted to exceed 26,000 units—over 20 per cent higher than long-term trends. While we anticipate stable sales levels overall, market dynamics will shift as rental rate adjustments and supply improvements influence different segments of the housing market. While the market is expected to be more balanced than in recent years, significant economic risks—such as potential tariffs—could impact activity. These risks will be crucial to watch as we navigate through 2025" (CREB®).
Curious to know more? Ready to make your move? Contact Ken Richter today at 403-630-6363 or Ken@KenRichter.com
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