Canada’s Affordability Streak Hits 10 Quarters | Professional Real Estate Agent Since 1978

After more than four decades in Calgary real estate, I’ve watched affordability trends ebb and flow—but we’ve now hit 10 consecutive quarters where many Canadians are feeling the pinch. With mortgage rate relief no longer expected to lead the way on affordability, I’m seeing increased focus on home prices and how incomes are shifting. Economists predict rates will hold steady (or edge up), so any affordability gains will depend on whether prices level out or incomes rise. Here in Calgary, our market is unique—what’s happening in Vancouver or Toronto doesn’t always reflect what buyers and sellers experience in our city or in Edmonton. Slower population growth may help cool demand, potentially easing price pressure, while an improving job market could give household incomes a boost. But as always, lasting affordability gains will require a careful balance. As I continue to adapt to new trends and technologies, I’ll be sharing what I see on the ground in Calgary’s ever-evolving real estate landscape.