If you’ve scrolled through Instagram or caught a headline lately, you’ve probably seen it: Calgary’s real estate market is hot. Homes are selling quickly, inventory is low, and analysts are even calling it a supply crisis. But that’s only part of the story.
The truth is, not every home is flying off the shelf. The properties moving at lightning speed are the ones that show well — homes cared for with pride of ownership, smart layouts, and thoughtful presentation. When a listing looks as good in person as it does online, buyers act fast.
Why is this happening?
Interest rates have been at record lows, creating a rare window in which upgrading or entering the market can make financial sense. Many homeowners spent the past year noticing what works in their current space, and what doesn’t. When interest rates allow someone to move into a better home for roughly the same monthly payment, motivation becomes real.
We’re also seeing renters decide it’s finally time to build equity rather than pay someone else’s mortgage. Condo sales are gaining momentum, and downsizers are taking advantage of favourable rates to sell larger homes and secure smaller, more efficient ones.
There’s opportunity, yes, but there’s also a cautionary side to this story.
In a competitive market, emotion can replace logic. Warren Buffett said it best: “Be fearful when others are greedy, and greedy when others are fearful.” Don’t stretch your budget chasing a bidding war. Know your numbers, understand your mortgage penalty if you plan to sell, and ensure you’re searching within a price point that accounts for the possibility of going over the list price.
Buying or selling a home is emotional, but real estate should also be strategic. Strong decisions today protect your equity tomorrow.
If you’re considering buying, selling, or investing in Calgary, I’ll help you navigate this market with clarity, confidence, and strategy.
Your next move should be intentional.
