Calgary housing prices forecast to increase 4% by end of 2025: report [Video]

Calgary’s real estate prices are expected to continue to increase next year, according to a recent market forecast.

The aggregated price of a home in Calgary is forecast to rise four per cent to $728,104 – up from an estimated $700,100 – by the fourth quarter of 2025, according to Royal LePage’s 2025 Market Survey Forecast.

Corinne Lyall, broker and owner of Royal LePage Benchmark, said that after a busy year in 2024, the market has begun to stabilize.

“Inventory has risen from extreme lows to levels not seen in nearly two years, although supply remains limited relative to the steady stream of demand,” Lyall said in a Thursday press release.

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“We anticipate that 2025 will bring another robust market. However, it will be more balanced in certain housing styles and price points.”

For detached single-family homes, prices are expected to …