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Following several years of strong price growth, 2025 marked a year of transition thanks to strong demand and limited supply. Due to record high starts, supply levels improved across all aspects of the housing market, just as demand pressure eased due to a reduction in migration levels and heightened uncertainty that persisted throughout the spring market.

We have released our spring 2025 housing market update, an overview of the state of the real estate landscape in Calgary and surrounding areas. 

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