As Calgary works toward restoring housing affordability to pre-pandemic levels by 2036, we’re seeing encouraging progress. The city now requires 4,000–5,000 new homes each year until then to close the gap. Recent data shows housing starts are still above average, even as they’ve dipped from earlier highs. It’s a reminder of the resilience in our market, but also highlights how important it is to maintain momentum—especially as discussions around rezoning and a new non-market housing strategy continue. For those navigating Calgary’s ever-changing real estate landscape—whether you’re new to Canada or an established investor—understanding these shifts is key to making confident decisions. My focus remains on delivering quality and value, supporting clients as we move forward together in this dynamic market.
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