Why Calgary Is One of the Best Real Estate Markets in Canada Right Now
The national spotlight is on Calgary — and for good reason.
A recent market analysis has ranked Calgary as the second-best real estate market in Canada for buyers. While that may surprise those outside Alberta, locals and industry professionals know this ranking simply reflects what’s already happening on the ground: Calgary continues to offer outstanding value, growth potential, and long-term stability.
Whether you’re a first-time buyer, an investor, or someone relocating to Alberta, here’s why Calgary’s market stands out in 2024—and what it means for your next move.
3 Reasons Calgary Ranks So High
✅ 1.Home Prices Still Offer Real Value
In cities like Vancouver and Toronto, the dream of homeownership feels increasingly out of reach. Calgary, by contrast, offers a rare balance: a major urban centre with livable prices, modern infrastructure, and access to nature.
Whether you're looking at a detached home in northwest communities like Tuscany or a downtown condo near the Beltline, Calgary still provides opportunities for long-term appreciation without overpaying.
---
✅ 2.Strong Population Growth + Diverse Economy
People are moving here — and not just for the views.
Alberta continues to see record interprovincial migration, and Calgary is a major beneficiary. With a mix of energy, tech, logistics, and finance, Calgary’s job market supports a growing middle class and keeps housing demand strong.
This growth fuels our real estate market — without the kind of speculative spikes that lead to housing bubbles.
---
✅ 3. Balanced Conditions = Smart Buying Window
Unlike overheated seller’s markets, Calgary still offers breathing room. While competition exists in popular price points, buyers can take time to do inspections, negotiate terms, and make thoughtful choices.
That balance means less stress, more opportunity, and better long-term decisions — especially when guided by local expertise.
---
What This Means for You as a Buyer
The bottom line: Calgary offers both affordability and upside. But not every community or product type moves the same way.
Detached homes, for instance, are seeing stronger demand than condos in some areas. Entry-level townhomes in family-friendly communities often attract multiple offers. And if you’re looking at an investment property, some suburbs offer far better rental yield than others.
That’s where experience matters. And that’s where we come in.
---
Thinking of Buying in 2025? Let’s Talk Strategy.
Calgary’s market still offers one of the best opportunities in the country — but every buyer’s path is different.
Let’s sit down and:
- Map out which communities fit your goals
- Review recent price trends and where they’re headed
- Help you move forward confidently and on your terms
By Sandra Rafferty, REALTOR® with 27 of Calgary real estate experience
Greater Calgary Real Estate
Call us at 403-241-7555
Email us at info@gcre.com
Referenced Source:
This post draws insights from the Calgary Herald article, “Calgary is the second-best market in Canada to buy real estate,” published May 22. 2025. We thank them for highlighting what we’re proud to see every day: Calgary is one of the best places to live — and invest — in Canada.
