There’s a lot of talk right now about where Canada’s housing market is headed, and as someone who’s been walking Calgary families through every kind of market, I’m always looking for signs of positive change. Lately, we’ve seen resales picking up, inventory holding steady, and prices finding their footing. That’s a welcome break for buyers who’ve been waiting on the sidelines—many of you have spent the last while building up savings and feeling more secure in your jobs, and it’s starting to show in renewed confidence.
Looking ahead, the latest forecast suggests we might see a slight dip in sales and prices through 2026—around 4% fewer resales (about 453K) and a 2% drop in benchmark prices (to about $794K). But by 2027, the momentum is expected to shift gears, with both sales and prices rising across all provinces. It’s not a dramatic turnaround, but it’s a step in the right direction.
Borrowing costs have come down and the central bank seems poised to keep rates steady for now. Of course, there are still risks, like trade tensions and energy price shocks, that could impact the pace of recovery. For those weighing their next move—whether you’re thinking about your first condo or looking for the perfect rural place to put down roots—having the right guidance can make all the difference. I’m here to help you find the home you want to wake up in tomorrow, whatever the market brings.
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