THE URBAN UPGRADE BLOG
RECENT BLOG ARTICLES

APRIL 2025 MARKET UPDATE

Posted on Apr 01, 2025 in Market Updates


Uncertainty is weighing on the housing market.

Ongoing economic uncertainty, driven by tariff threats, has weighed on consumer confidence and impacted housing activity in March. Sales declined by 19 percent year-over-year, totaling 2,159 units. Sales slowed across all property types, with the steepest decline in higher-density segments.

“It is not a...

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MARCH 2025 MARKET UPDATE

Posted on Mar 04, 2025 in Market Updates


Sales remain above long-term trends despite declines.

Inventory levels saw substantial year-over-year growth for the second month in a row, rising by 76 percent to 4,145 units in February. While inventory increases were seen across all price ranges, the largest increases were in homes priced under $500,000.

The increase was driven by substantial grow...

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FEBRUARY 2025 MARKET UPDATE

Posted on Feb 03, 2025 in Market Updates


Following three consecutive years of limited supply choice, inventory levels in January rose to 3,639 units. While the 70 percent year-over-year gain is significant, inventory levels remain lower than the over 4,000 units we would typically see in January. Inventories rose across all property types, with some of the largest gains driven by apartmen...

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SEMI-ANNUAL MARKET REPORT - 2025 Vol 1

Posted on Feb 03, 2025 in Market Reports


After a few intense years of seller’s market conditions, Calgary’s red-hot real estate market is showing signs of entering a more balanced territory.
Although this may be disappointing for many investors, it is welcome news for local buyers, who now have many more homes to choose from and far fewer competing offer scenarios to contend with.  

Another...

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CREB: 2024 MARKET SUMMARY & 2025 FORECAST

Posted on Jan 22, 2025 in Market Updates


The Calgary Real Estate Board (CREB) recently released their annual market and economic review and forecast. This annual report examines the housing sector, the local Calgary economy, and other variables that impact real estate, such as lending rates and migration patterns.

Here is a look at what CREB says about the Calgary economy. If you are looki...

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CREB: 2024 ECONOMIC REVIEW & 2025 FORECAST

Posted on Jan 22, 2025 in Market Updates


The Calgary Real Estate Board (CREB) recently released their annual market and economic review and forecast. This annual report examines the housing sector, the local Calgary economy, and other variables that impact real estate, such as lending rates and migration patterns.

Here is a look at what CREB says about the Calgary economy. If you are looki...

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