2025 real estate year in review - Greater Calgary and surrounding areas

2025 marked an end to the sellers market conditions post covid. Increased new home building resulted in an increase in overall inventory combined with a reduction in immigration and interprovincial migration to Alberta. We now have what is called a more balanced real estate market. There has been some downward pressure in price in a number of regions in and surrounding Calgary with the NE quadrant of Calgary suffering the most. Overall, I expect 2026 to start off slow with bent up demand kicking in towards the second half of the year resulting in an increase in sales activity.