Yes. Calgary’s real estate market in 2025 is experiencing steady growth, with home prices expected to rise by 3% to 5% annually. The market is transitioning towards balanced conditions, offering buyers more options and time to make informed decisions.

As of April 2025, the average home price in Calgary is approximately $646,743.

For homes under $500,000: 5%. Homes between $500,000 and $1 million: 5% on the first $500K and 10% on the rest. Over $1 million: 20%.

Yes. Programs like the First-Time Home Buyer Incentive (FTHBI) and the First Home Savings Account (FHSA) can assist with down payments and savings.

New mortgage regulations emphasize stricter stress testing and documentation. It’s advisable to consult a mortgage broker to understand your options.

Spring and early summer are traditionally the most active periods, attracting more buyers and higher offers.

Enhancing curb appeal, staging, and minor repairs can significantly increase your home’s value.

Real estate commissions, legal fees, and adjustments for taxes or utilities are common. Budgeting is key.

As of May 2025, around $1,532 per month.

As of April 2025, Calgary requires licenses and limits rentals by location and type.

Yes. Calgary Housing Company manages over 10,000 affordable units.

Luxury homes are typically priced at $1.5 million or more, with high-end features and locations.

Upper Mount Royal, Elbow Park, Britannia, and Aspen Woods are popular.

Yes. Luxury home sales have increased by more than 11% in the last year.