Welcome to the May Edition of The Monthly Edit – your go-to resource for real estate news, market trends, and expert tips to help you navigate the ever-changing market with confidence.
Let’s dive in! 👇
April brought a noticeable increase in new listings, pushing inventory to 5,876 units. That’s more than double last year’s ultra-low supply — a welcome shift for buyers — and more in line with typical spring trends.
Sales reached 2,236 homes, down 22% from April 2024, but this drop is expected given the economic uncertainty. Despite the softer sales, activity still aligns with Calgary’s long-term averages.
What this means for you:
- The market is more balanced, especially in condos and townhomes.
- There’s still limited supply for detached and semi-detached homes under $600K — meaning competition remains high in these segments.
- Home prices are holding steady, with detached homes up over 2% year-over-year.
✨ My take: If you’ve been waiting for more choice as a buyer, this may be your window of opportunity before summer heats up. And for sellers — pricing your home right is more important than ever, especially in higher inventory segments.
🗳️Post-Election Outlook: What it could mean for Calgary Real Estate
As the dust settles following the recent elections, many buyers, sellers, and investors are wondering how this shift in leadership may impact the real estate market. While it's too early to predict long-term changes, elections can often influence confidence, policy direction, and economic priorities — all of which play a role in housing trends.
Key Areas to Watch Post-Election:
🔹 Housing Policy
🔹 Economic Confidence
🔹 Interest Rates & Fiscal Direction
For now, Calgary’s market has increased inventory and balanced conditions in many segments. I’ll continue to monitor any developments that may affect buyers or sellers and keep you informed as policies take shape.
If you’re curious how this may impact your buying or selling plans, I’d be happy to chat!
