How to Navigate Alberta's Real Estate Market in 2025

The Alberta real estate market has been dynamic in recent years, shaped by economic shifts, interest rate trends, and evolving buyer preferences. As we move into 2025, here’s what local buyers and sellers should know to make informed decisions.

2025 FORECAST

Market Trends.

1. Sustained Demand in Smaller Towns: Communities like High River and Okotoks are likely to remain popular due to their affordability compared to Calgary. Buyers seeking more space and a slower pace of life are expected to continue driving demand in these areas.

2. Calgary’s Resilience: Calgary’s market is anticipated to remain strong, particularly in established neighbourhoods and areas with transit access. Economic diversification efforts are supporting long-term growth.

Economic Drivers. Alberta’s energy sector is stabilizing, and job growth in tech and renewables is contributing to economic resilience. Population growth, fuelled by interprovincial migration, will likely sustain housing demand.

Interest Rates. The Bank of Canada may hold rates steady or make slight adjustments depending on inflation trends, keeping mortgage rates relatively stable.

Inventory Challenges. Limited housing inventory remains an issue in both urban and rural areas, contributing to competitive markets, especially for detached homes and acreages.

TIPS FOR BUYERS

Get Pre-Approved. Lock in your interest rate now to protect against potential hikes and show sellers you’re serious.

Explore Beyond Calgary. Small towns like High River and Okotoks offer excellent value for money, with growing amenities and a strong sense of community.

Plan for Competition. Be prepared to act quickly on desirable properties. Consider flexibility in possession dates or waiving minor contingencies to strengthen your offer (while staying within your comfort zone).

TIPS FOR SELLERS

Price Strategically. Work with a local Realtor to set a competitive price. Overpricing can deter buyers, especially in a balanced or slightly seller-favoured market.

Focus on Cleanliness and Turn-Key Appeal. A clean, well-maintained home makes a lasting impression on buyers and can significantly increase perceived value. Ensure your property is spotless by deep-cleaning carpets, scrubbing grout, and decluttering every room. Pay attention to small details like fixing squeaky doors, replacing burnt-out lightbulbs, and refreshing paint on scuffed walls. These minor efforts can give your home a “move-in ready” feel, which is highly appealing to today’s buyers.

Highlight Key Features. Alberta buyers are looking for energy-efficient homes, proximity to amenities, and functional outdoor spaces. We'll help you emphasize these features in your marketing.

LOOKING AHEAD

The Alberta real estate market is poised for steady activity in 2025, driven by economic stability and population growth. Whether you’re buying or selling, working with an experienced Realtor who understands the unique dynamics of our province is the key to success.

If you’re considering a move in High River, Okotoks, Calgary or the Foothills area, let’s connect to discuss your goals for 2025.