Looking ahead to 2027, Calgary’s housing market continues to demonstrate remarkable resilience—something I’ve seen time and again since starting my real estate career here in 2008. The forecast for Calgary MLS sales sits at 26,000 for 2027, which is a step up from the anticipated softness in 2026, even if we’re not quite reaching the highs of 2025. Average home prices are expected to hover around $645,000, holding steady as our city’s robust construction activity and increased housing supply balance out the demand from Calgary’s growing population.
For tenants, there’s good news: a projected rental vacancy rate of 5.8% points to a more flexible rental landscape, thanks to substantial new supply. And with housing starts forecast at 21,000 units, Calgary remains one of Canada’s most active markets for residential construction—a testament to the city’s ongoing growth and opportunity. As someone who specializes in guiding both new immigrants and investors, I know how important these trends are for planning your next move with confidence.
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