Calgary Housing Market Resilience: 26,000 MLS Sales Forecast for 2027
What are the key predictions for Calgary's housing market in 2027? Calgary's MLS sales are projected to reach 26,000 in 2027, reflecting a steady recovery from the weaker 2026 forecast while remaining below the levels seen in 2025. Average home prices in Calgary are expected to stabilize around $645,000, as robust construction and increased housing supply help balance the persistent demand driven by population growth. The rental market is also evolving, with vacancy rates predicted to be at 5.8%, a result of significant new rental developments that enhance tenant flexibility in Calgary. Additionally, housing starts are estimated at approximately 21,000 units, positioning Calgary as one of Canada's most active major markets for residential construction.
Understanding these trends is essential for anyone interested in the future of Calgary's real estate landscape.
For expert insights on the Calgary real estate market, connect with Dave Kube, REALTOR® at Calgary West Realty.