Alberta’s Growth and Calgary’s Housing Market Shift

By Tom Albrecht | Sep 23, 2025 | Calgary - Market Analysis

Tom Albrecht breaks down the latest Calgary housing numbers

Alberta’s economy continues to stand out. According to ATB Financial, Alberta’s growth is expected to outpace other provinces in the coming years. That’s welcome news for households, investors, and our real estate market.

But what does this mean for Calgary homeowners and buyers right now?

As highlighted in our recent Global News feature, Calgary’s market has shifted into a more balanced phase:

  • Sales dipped about 9% year-over-year in August.

  • Benchmark prices are down roughly 4%.

  • Inventory is higher, not from new listings, but because homes are taking longer to sell.

This is not the overheated market of the past few years, nor is it a distressed buyer’s market. Instead, it’s healthier. Sellers need to be precise with pricing and ensure strong marketing. Buyers now have more breathing room — often 2–4 months — to make smart, informed decisions.

🎥 Watch Tom’s market breakdown video below:

📩 Want to stay ahead of these changes?

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Tom Albrecht founded The A-Team with his wife, Breanna. He holds a Masters in Economics for Developing Countries from The University of Oxford. Tom is licensed at RE/MAX First, and is a specialist buyer's agent in Alberta - specifically, Calgary, Fort McMurray, Airdrie, Cochrane, Okotoks & Chestermere. He was rated #1 Calgary agent in 2022 & 2023 by rate-my-agent.com

The interpretations of any MLS® data used are our own and don’t reflect the opinions of the Calgary Real Estate Board or its members. This article is not intended to make predictions about the housing market and should not be constituted as advice. Consult your Calgary Area REALTOR® for real estate market advice.

Breanna
Albrecht