How 2024 Shaped Calgary’s Housing Market For Families

2024 was a year of contrasts for Calgary’s real estate market:

Affordable Options: First-time buyers faced fierce competition and limited supply, but new construction and an easing rental market brought some relief in the second half of the year.
Move-Up Market: Higher-priced homes (above $800K) saw better supply, making it easier for families looking to upgrade.
Overall Market Trends: Prices rose ~7% but cooled off by year-end, offering a more balanced market for 2025.
Looking ahead to 2025:

Buyers can expect less competition and more time to make decisions.
Sellers will still hold an advantage, but the urgency of the last two years is fading.
📈 What do you think will happen in Calgary’s real estate market in 2025? Share your thoughts in the comments below! 👇

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