Calgary experienced significant population growth, with many new residents relocating from larger Canadian Cities. This influx has bolstered demand in the Luxury housing sector especially.
Compared to markets like Toronto & Vancouver, Calgary offers more accessible Luxury Home prices, attracting buyers seeking better value.
In 2024, single-family homes accounted for 82% of luxury transactions over $1 million, with sales increasing by 34% year-over-year.
This segment saw a significant surge, with sales over $1 million rising by 130% compared to the previous year.
Made Luxury condo sales over $1 million experience a 31% year-over-year increase, indicating growing confidence in this market segment.
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Luxury homes are high-end residential properties that offer superior quality, design, and amenities. These homes typically feature spacious layouts, premium building materials, state-of-the-art ...