Calgary’s September 2025 real estate market is showing rising inventory, softer sales, and condo price drops. A buyer’s market is emerging (especially for condos). This is what investors need to know.

The Calgary market is outperforming all other major cities in Canada, driven by 3 major factors: Oil Over $100/barrel, the burgeoning IT sector, and incredible affordability nationally. I expect this trend to continue in the coming months.

The Toronto resale market has been forced to take a pause caused by 3 major factors: Rising Interest Rates, Buyer Fatigue and Confusion over New Government Rules. Expect a more balanced market into the spring but with increasing rents.

Sales in February were down significantly YoY but still remain historically high and prices continue to rise. The flight to the suburbs is over, low-rise affordability is a factor and the high-end condo market is growing.

Condo popularity is roaring back to life and a continued lack of listings mean prices are continuing to go up!