Market Analysis

Feb 20, 2025

Though uncertainty abounds, it seems more likely from the latest tariff f blustering, that Ontario, Quebec & Ontario would be more affected and not global (or local) oil prices so much. In this scenario, interest rates could be cut dramatically, making the impact on the Calgary housing market completely unpredictable (as during covid).

Nov 15, 2024

Despite the national housing shortage, Calgary is adding significant condo and rental apartment supply. However, uncertainty around immigration policies remains.

Oct 28, 2024

There’s growing speculation that larger interest rate cuts from the US and Canadian central banks could be on the horizon.

Sep 19, 2024

Sellers are finally responding to the profit signal of higher prices. Inventory is building despite strong demand. It stands to reason that if nothing changes, balance will occur at some point in the future. "If nothing changes" is very important here...

Aug 12, 2024

Rates have fallen, therefore, you would expect more demand. Right? Right, but not necessarily right away.

Jul 05, 2024

the rate of new listings was growing as compared to each respective month last year. In June however, new listings were down 6% versus June 2023.

Apr 11, 2024

As we entered spring, sales rose, but new listings did not keep pace

Mar 08, 2024

A reminder that while we do anticipate home values to continue to rise sharply, all markets eventually find balance

Sep 11, 2023

Demand continues to surpass stock in Calgary's housing market, as interest rates do another jump.

Mar 09, 2023

Once again Tom was asked by Global News to Weigh in on the Calgary housing market.