Bank of Canada cuts its rate to 2.25% and signals it may be done
The Bank expects GDP growth of 1.2% in 2025 and 1.1% in 2026. Unemployment was 7.1% in September.
Berg Estate Team blog
News & Insights – Page 6
Calgary real estate market news, our monthly market updates and new videos from the Berg Estate Team: Tom Berg and Valery Berg, REALTORS® with eXp Realty.
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Calgary 2025 election: recount confirms Jeromy Farkas as mayor, new council sworn in October 29
The new council will set housing and zoning policy for the next term. Here is who was elected in each ward.
Airdrie, Cochrane, Okotoks and Chestermere in September 2025: record new listings in Airdrie and Cochrane
Airdrie passed four months of supply for the first time since 2020. Okotoks stayed tight at about two and a half months.
Calgary housing market, September 2025: four months of supply for the first time since 2020
The sales-to-new-listings ratio fell to 45%. Condos reached five months of supply and buyers' market conditions.
Bank of Canada resumes cuts, lowering its rate to 2.5%
GDP declined about 1.5% in the second quarter, but consumption and housing activity grew.
CREB® foundation raises Community Grants to $197,675 for housing repairs
Grants went to SASS, Inn from the Cold, Unison Society and Discovery House for repairs that keep people housed.
Ottawa launches Build Canada Homes with $13 billion for affordable housing
The first six federal sites for 4,000 factory-built homes include Edmonton but not Calgary.
Airdrie, Cochrane, Okotoks and Chestermere in August 2025: Cochrane supply passes four months
Okotoks is the outlier: an 80% sales-to-new-listings ratio and inventory 30% below normal.
Calgary housing market, August 2025: price declines led by condos and townhomes
Condo prices fell for a fifth month and row prices for a fourth. Detached buyers have the edge in the North East, North and East.
Calgary condo supply passes four months as prices fall 5%
New condos and rising rental vacancy are competing with resale units. Year-to-date prices are still flat.
Calgary detached homes reach three months of supply for the first time since 2020
Prices are down less than 1% citywide but 5% in the North East and East, and up nearly 2% in the City Centre.
Airdrie, Cochrane, Okotoks and Chestermere in July 2025: Chestermere nears six months of supply
Airdrie inventory was the highest for July since 2018. Okotoks remains the tightest market.