The Calgary Real Estate Board (CREB®) has released its 2025 forecast, and the outlook offers valuable insights into market trends, economic factors, and potential opportunities. Here’s what you need to know and how 2% Realty’s innovative model can help you navigate the changing landscape.

Key Takeaways from the 2025 Forecast

1. Market Stability with Moderate Price Growth

• Sales activity is projected to stay strong at 26,850 units, just slightly below 2024 levels, but still 20% above long-term trends.
• Price growth will moderate to an average of 2.71% citywide, down from the 7.43% reported in 2024. Detached homes are expected to see a 2.90% price increase, with row and semi-detached homes experiencing slightly higher growth at 3.40% and 3.10%, respectively.

2. Supply and Demand Shifts

• Easing lending rates and increased new home completions will improve inventory levels, moving the market closer to balanced conditions.
• The detached market will benefit from pent-up demand and additional supply, but affordability challenges will likely push more buyers toward semi-detached and row homes.

3. Economic and Demographic Drivers

• Population growth will slow compared to record levels in 2024 but remain higher than the provincial average, supporting housing demand.
• Investments in energy, AI, and food manufacturing are expected to boost employment growth by 2.3%, with Calgary maintaining an unemployment rate of 7.8% by year-end.

4. Condominium Market Adjustments

• Slower international migration and a surge in new rental units will temper demand for condominiums, with prices increasing by a modest 1.80%.

How 2% Realty Helps You Make the Most of the Market

With the market shifting toward balance, now is the perfect time to take advantage of 2% Realty’s unique value proposition. At 2% Realty, we offer full-service real estate services for just 2% commission, helping you maximize your savings while achieving your buying or selling goals.

Here’s how it works:

• Lower Commission Rates: Traditional real estate commissions typically 7% on the first $100,000 and 3% on the remaining balance. By choosing 2% Realty, you can save thousands of dollars on your transaction without compromising on service.
• Full-Service Approach: From professional photography and MLS® listings to expert negotiation and closing support, we provide everything you need to succeed in today’s competitive market.

A Case for Savings

Let’s look at the numbers. The average detached home price in Calgary for 2024 was $748,683. Here’s how much you’d save with 2% Realty compared to traditional commission models:

What Does This Mean for Buyers and Sellers?

For Buyers:

• With prices expected to grow modestly, 2025 offers an opportunity to enter the market at more stable price points.
• Lower lending rates will make financing more accessible, while increased inventory levels give buyers more options.

For Sellers:

• Although price growth is slowing, strong demand in affordable segments like semi-detached and row homes will create opportunities for competitive sales.
• By listing with 2% Realty, you’ll retain more of your home’s value, ensuring maximum returns.

Conclusion

The Calgary housing market in 2025 is poised for a year of transition, with balanced conditions offering benefits for both buyers and sellers. At 2% Realty, we’re here to help you navigate these changes with expert guidance and unmatched value.

Ready to save thousands on your next transaction? Contact Derek Chevrefils – Realtor® at 2% Realty Calgary to learn how we can help you achieve your real estate goals.

Source: Calgary Real Estate Board (CREB)