Calgary Real Estate Market Trends: New Listings Surge Amid Tariff Uncertainty

by Jason Ngo

Introduction

The Calgary real estate market is buzzing with activity as 2025 kicks off. A significant surge in new listings, coupled with uncertainty surrounding tariffs, is shaping the landscape for buyers, sellers, and investors.

This blog dives into the latest trends and their implications for the Calgary market.


Market Update: What’s Happening?

The Canadian Real Estate Association (CREA) recently reported a 12.7% year-over-year increase in new property listings across Canadian MLS® Systems as of January 2025.

This surge in supply is a welcome change for buyers who have been navigating a tight inventory market. However, these increased listings come at a time when tariff uncertainties are casting a shadow over the market, leading to a decline in sales activity.

Calgary’s Unique Market Dynamics

🏡 More Listings, But Still Tight Inventory – Calgary has seen a boost in new listings, but demand remains strong due to interprovincial migration.

📉 Price Volatility Risks for Buyers – While buyers may find more options, they also face the risk of price fluctuations driven by economic uncertainty.

💰 Sellers Must Be Strategic – Pricing competitively and leveraging strong marketing will be critical to standing out in a shifting market.

Broader Economic Context

📊 The Canada Mortgage and Housing Corporation (CMHC) has forecasted a slowdown in housing starts through 2027, citing modest economic growth in 2025.

🔍 This long-term outlook suggests that while the current surge in listings may provide short-term relief, the market could face supply constraints in the years ahead.


JN Real Estate Group’s Perspective

At JN Real Estate Group, we believe that understanding these market dynamics is crucial for making informed real estate decisions.

🔹 For buyers – Now is a great time to explore the increased inventory, but stay cautious about potential tariff impacts.

🔹 For sellersCompetitive pricing and strategic marketing will be essential to attract serious buyers in a more crowded market.

🔹 For investors – The rental market is also undergoing significant shifts, potentially offering unique investment opportunities.


TL;DR: Key Takeaways

New property listings in Calgary and across Canada surged 12.7% year-over-year.
Tariff uncertainties are impacting sales activity, creating a cautious market environment.
Calgary’s inventory remains tight, despite increased listings, due to interprovincial migration.
CMHC forecasts a slowdown in housing starts through 2027, signaling potential long-term supply challenges.
✔ Buyers, sellers, and investors must adapt their strategies to navigate these changing market conditions.


 

📢 Ready to make your move in Calgary’s dynamic real estate market?

📅 Book a call with JN Real Estate Group today for expert guidance tailored to your real estate goals.

 

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Jason Ngo

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