Home buyers and sellers rethinking plans amid economic uncertainty, tariff tumult
- Home sales in Calgary fell by 18.8% in March 2025 compared to the previous year, due to economic uncertainty impacting consumer confidence, as reported by the Calgary Real Estate Board.
- New listings in Calgary increased by 26.7% in March 2025, with inventory reaching 5,154 homes for sale, according to the Calgary Real Estate Board.
- The residential benchmark price in Calgary remained stable at $592,500 in March 2025, reflecting a slight increase month-over-month and year-over-year, according to the Calgary Real Estate Board.
- CREB Chief Economist Ann-Marie Lurie noted that despite the current uncertainty, sales are still stronger than during the economic challenges from 2015 to 2020.
59 Articles
59 Articles
More homes are finally hitting the spring market. Will buyers take the plunge?
It’s springtime, and “For Sale” signs are popping up in front of homes across the country.But with so much uncertainty in the economy, it’s an open question whether the spring housing market will be hot … or not. Let’s check out the forecast.Mortgage rates and home prices are both highIt’s certainly not the cheapest time to buy a home. The average 30-year mortgage rate is now 6.65%, down a bit from January, but still pretty high.Many analysts pr…
100 Days Into 2025: Different day, same property crisis - 'dream of home ownership out of the reach of more people'
As we approach the first 100 days of 2025, I can't help but wonder if we're all stuck in some sort of property market Groundhog Day.We seem to wake up to another headline about 'revolutionary' housing initiatives most days, which is great except so far, we’re yet to see any impact.If only solving the housing crisis were as simple as repeating buzzwords at dispatch boxes.I regularly witness the real-world impact of property policies, and I can te…
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