Find out how much your current home is worth in today's market.
Calgary's amazing vibrant Inner City communities.
The Inner City which includes Downtown Calgary and the adjoining communities. It is all about lifestyle, with access to work in the Downtown core and the all important transit. Family friendly residential neighbourhoods make Calgary's Inner City a must for people of a younger demographic with maybe two incomes and a need to access everything really easy.
These amenities are added to with jogging and cycle paths, great open parks, schools, wonderful shopping areas, and restaurants all close at hand. Character homes, townhouses, condo apartments and the modern in-fills are all part of the ambience of our wonderful Inner City.
Here's a friendly snapshot of recent trends, historical insights, and future projections:
Current Market Highlights (as of February 2025):
Robust Price Growth: In January 2025, Calgary's average home price reached $605,026, marking a 6.3% increase from the previous year.
Luxury Market Performance: The luxury segment has outperformed larger markets, with significant growth observed in 2023 and continued momentum into 2024.
Historical Insights:
Migration Trends: Alberta experienced a notable population surge in 2023, growing by 4.3% due to both international and inter provincial migration. This influx has bolstered housing demand, especially in Calgary's upscale inner-city neighbourhoods.
Inventory Dynamics: Over the past year, Calgary has faced declining housing inventory, with a 30% year-over-year decrease. This scarcity has contributed to upward pressure on property prices.
Future Projections:
Price Appreciation: The Calgary Real Estate Board anticipates a 6.5% price increase across all property types in 2024, with luxury detached homes expected to rise by 4%.
Zoning Changes: Proposed citywide rezoning aims to allow for diverse housing types in traditionally single-family areas. This initiative could enhance the appeal and value of inner-city luxury communities.
GLOBAL & LOCAL REACH
Inner City Apartments & Townhouses | Inner City Half Duplex
Members of The Institute for Luxury Home Marketing who hold the CLHMS designation (Stewart J Lowe-Calgary & Area) have successfully documented performance in the TOP 10% of their markets, ...
1. Home Price Growth Projected Increase: The average Calgary home price is expected to rise by approximately 4.5% this year, driven by growing buyer confidence and easing interest rates. ...
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Find out how much your current home is worth in today's market.