Will Calgary real estate go up in 2022?
Outlook for House Prices in Alberta (& Calgary) for 2022
While some parts of Canada may experience extreme downward house price drops in the coming months, this isn’t expected to happen in Alberta. The average price in Calgary is still comparatively affordable.
Where is the hottest housing market in Canada?
- Edmonton, Alberta. Edmonton has a very diverse economy compared to a city like Calgary which makes their real estate market a little trickier to predict.
- Winnipeg, Manitoba.
- Maple Ridge, British Columbia.
- Centre Wellington, Ontario.
- Halifax, Nova Scotia.
Is real estate slowing down in Calgary?
Calgary’s number of sales saw a 12% yearly decline and an 11% monthly decline in September 2022. Detached home’s average price increased by 10% year-over-year to $639k. Semi-detached home’s average price increased by 10% year-over-year to $509k.