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Calgary offers a wide range of residential properties, from single-family homes and Townhouses to Luxury Estates and Apartments. The City has a relatively affordable real estate market compared to other major Canadian cities like Vancouver and Toronto, making it attractive to first-time home buyers and those looking for larger properties at a better price.
Detached homes are popular in Calgary and tend to be more affordable than in larger markets. They can range from smaller starter homes to sprawling luxury estates. Neighbourhoods like Edgemont, Tuscany Estates, and Signal Hill are known for being family-friendly with great amenities.
Calgary's condo market has been active, especially in the downtown core. High-rise apartment buildings are prevalent in areas like The Inner City, Beltline, and East Village, offering modern amenities and access to the city's business hubs.
For buyers seeking a balance between a single-family home and an apartment, townhouses have become a popular choice. These are found throughout the city, with neighbourhoods like Killarney and Mission being particularly sought-after.
Home prices in Calgary have experienced fluctuations due to the city's reliance on the energy industry. However, in recent years, the market has been more stable. The 2020-2021 period saw some price growth, especially in suburban areas, as many people sought more space due to the COVID-19 pandemic. Prices have cooled somewhat, but Calgary remains more affordable compared to other major urban centres in Canada.
Many buyers are looking outside the city centre for more affordable options. Neighbourhoods like Airdrie, Cochrane, and Okotoks offer more affordable real estate while still providing easy access to downtown Calgary.
The luxury real estate market in Calgary is thriving, especially in high-demand neighbourhoods like Elbow Park, Mount Royal, and Briar Hill, where multi million-dollar homes and estates are common. Buyers are often attracted to these neighbourhoods for their proximity to top-rated schools, parks, and exclusive amenities.
The Bank of Canada’s interest rate decisions directly impact real estate demand. As of recent years, the trend has been towards decreasing interest rates slowly , which has an effect on affordability and market activity.
Calgary’s Downtown is the business and entertainment hub, featuring high-rise condos and apartments. The area is lively with restaurants, shops, and cultural attractions.
Just south of downtown, Beltline is a trendy, walk able neighbourhood with a mix of condos, townhouses, and a young professional demographic.
Known for its proximity to downtown and its mix of historic homes and new builds, Bridgeland has become one of Calgary's most desirable neighbourhoods.
Detached New listings in May rose to 2,419 units, with most of the gains driven by homes priced over $600,000. At the same time, sales activity has slowed across most price ranges, ...
Row Row home sales have eased over last year’s near record high pace but stayed well above long-term trends. However, the gain in new listings has continued to cause further inventory ...
Price adjustments mostly driven by apartment and row style homes June 02, 2025 | CREB Calgary, Alberta, June 2, 2025 – Thanks to steep pullbacks in the apartment condominium sector, ...
THE BUYERS AGENT
Acadia | Belmont | Bonavista Downs Braeside | Bridlewood | Canyon Meadows Cedarbrae | Chaparral | Chinook Park Deer Ridge | Deer Run | Diamond Cove Eagle Ridge | Evergreen | Fairview ...
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 ...
Find out what your current home is worth in today's market.