Last week, the Bank of Canada lowered its overnight policy rate by 25 basis points to 2.50% (with its Bank Rate at 2.75% and the deposit rate at 2.45%). While this write-up comes a week after the official release, the implications for buyers and sellers are still timely and meaningful.

🏦 Why the cut happened

Global economic momentum is slowing. In the U.S., business investment remains strong, but consumers are cautious, inflation is rising as companies pass on tariffs, and employment growth is decelerating. The euro area is also seeing slower expansion due to trade tensions, and China’s growth is softening as investment weakens.

In Canada:

• GDP dropped about 1.5% in Q2, with trade uncertainty and tariffs deeply affecting exports (down 27%) and business investment.

• Consumption and housing—the traditional pillars of Canada’s economy—continued to grow fairly steadily.

• Employment has dipped over the past two months, especially in trade-exposed sectors, pushing the unemployment rate up to 7.1% in August.

• Inflation ran at 1.9% in August, stable since July. Core inflation is persistent around 2½% despite some easing on a monthly trend.

(All figures sourced from the Bank of Canada’s September 17, 2025 policy statement.)

What buyers (consumers, borrowers) should expect

• Lower borrowing costs: A 25 bp rate cut means lower interest rates on variable-rate mortgages, lines of credit, credit cards tied to prime, and other adjustable-rate loans. Homeowners and consumers with floating-rate debts should expect immediate relief on monthly payments.

• Opportunity to borrow or refinance: If you’re considering buying a home, refinancing, or tapping equity, conditions are now more favorable. Fixed mortgage rates may also ease in response.

• Still-cautious consumers: Despite easing finance costs, weak labour markets and modest population growth may limit household confidence. Employment gains have slowed, and consumer behaviour may remain conservative for now.

What sellers (investors, businesses) should watch

• Business optimism may weaken further: With exports down sharply (-27% in Q2) and investment slowing, businesses—especially those tied to trade—are under pressure. Domestic firms may face sluggish demand ahead.

• Inflation outlook steady: The Bank expects less upward pressure on prices, especially with the government removing many retaliatory U.S. tariffs. That suggests limited pricing power for businesses on consumer goods.

• Financing conditions have eased: Lower bond yields and buoyant equity markets point to easier access to capital. Businesses considering cost-of-capital sensitive investments might see better conditions.

• Careful policy path ahead: The Bank signaled caution. They’re watching how trade disruptions, modern supply-chain shifts, and inflation expectations evolve. Sellers should stay alert to any further adjustments depending on how economic data develops.

📊 Summary Table

Bottom Line

The Bank of Canada’s rate cut reflects a delicate balancing act: stimulating activity in a slowing economy while keeping inflation within control. For borrowers and consumers, it offers welcome rate relief—yet higher unemployment and wary spending may dampen enthusiasm. For businesses and investors, easier capital conditions may help—but wide-ranging uncertainty in trade and demand suggests caution before committing to major expansions or price increases.

Whether you’re considering a new home purchase, loan restructuring, or business investment, the next few months’ data on employment, exports, and inflation expectations will shape the Bank’s next moves—and your optimal timing and strategy accordingly.

The Calgary real estate market has shifted compared to the fast-paced years of 2022–2023. Over the last several months, inventory has been climbing, days on market have stretched slightly, and prices in many areas have leveled off. For buyers, this means more choice. For sellers, it means competition is different — but still filled with opportunity.

As the year winds down, fall 2025 could actually be one of the most strategic times to make a move in Calgary. Here’s why.

1. More Choice for Buyers

Earlier this year, inventory reached levels we hadn’t seen since before the pandemic. While supply still sits below Calgary’s long-term averages, it has grown steadily in newer and established communities.

For buyers, this translates to:

• A wider selection of homes across different styles and price points.

• The ability to compare properties rather than rushing into an offer.

• Less pressure in some segments, especially condos and townhomes.

That doesn’t mean multiple offers are gone — they’re still happening in highly desirable pockets — but the overall market now gives buyers more breathing room to find the right fit.

2. Sellers Still Have Motivation

Fall tends to bring out serious sellers. Many want to move before the holiday season or have a fresh start in the new year. This urgency often benefits buyers, but it also creates opportunity for sellers:

• With fewer listings than the busy spring market, your home has a better chance of standing out.

• Buyers searching in the fall are usually motivated — they’re not just browsing, they’re ready to move.

• The right pricing and staging strategy can still generate strong offers, especially in well-connected communities.

For sellers, this season is less about chasing bidding wars and more about attracting the right buyer at the right time.

3. Mortgage Market Stability

One of the most notable trends this year has been the stability of borrowing costs. While rates surged in recent years, 2025 has been marked by relative steadiness. This consistency has given both buyers and sellers more confidence to plan without the sudden swings we saw before.

For buyers, it means:

• Easier budgeting and long-term planning.

• A chance to explore options now, knowing affordability conditions haven’t shifted dramatically.

For sellers, it means:

• A predictable buyer pool that isn’t shrinking due to sudden financial shocks.

• Confidence that serious buyers have already adjusted to today’s lending environment.

4. Seasonal Market Advantage

Fall is often overlooked in real estate, but it can be a “sweet spot” in Calgary.

Here’s why:

• Families who delayed a move over summer are often back in the market.

• Investors frequently hunt for opportunities before year-end.

• The weather is still favorable for showings, inspections, and moving.

By winter, momentum often slows, and listings can feel stale. Fall gives both buyers and sellers a unique window where motivation is high and conditions are balanced.

5. How to Position Yourself for Success

Whether you’re buying or selling this fall, preparation is key.

• For Buyers: Get pre-approved, define your must-haves vs. nice-to-haves, and be ready to act when the right home appears. Focus on communities that fit both your lifestyle and long-term goals.

• For Sellers: Stage for warmth and comfort — fall décor can make your home inviting. Work with your realtor to price competitively while highlighting unique features that set your property apart.

• For Both: Partner with a professional who understands Calgary’s micro-markets and can negotiate effectively in a market that’s shifting from fast-paced to more balanced.

Final Thoughts

Fall 2025 is shaping up to be a smart time for both buyers and sellers in Calgary real estate. Buyers benefit from more inventory and motivated sellers, while sellers gain an audience of serious, year-end buyers in a season with less competition. And with lending conditions remaining steady, confidence is back in the market.

At Nasiri Property Group, we know that real estate is more than numbers — it’s about guiding you through the next chapter of your life. Whether you’re buying your first home, upgrading, or selling to start fresh, we’d love to help you make the most of this season.

If you’ve been keeping an eye on the Calgary real estate market, you’ve probably noticed some changes over the past few months. Inventory has been climbing in several communities, prices have leveled off in some segments, and buyers now have a little more breathing room compared to the intense bidding wars we saw last year. But make no mistake — the market is still competitive, and knowing how to navigate it can mean the difference between getting your dream home and missing out.

Based on the latest local stats and national trends, here are five smart strategies buyers can use right now to make confident, successful moves in this evolving market.

1. Focus on Move-In Ready Homes

While fixer-uppers have historically been a way to save money, today’s reality is different. Renovation costs are high, supply chain delays are still an issue for certain materials, and skilled labor can be hard to book. For many buyers, a “ready-to-enjoy” home is now the smarter investment.

In Calgary, we’re seeing a higher demand for properties that are already updated — whether it’s a modern kitchen, fresh paint, or turnkey landscaping. These homes often sell faster, but the premium can be worth it when you factor in the cost and time of renovations.

2. Watch for “Priced to Sell” Opportunities

Certain listing keywords can signal potential bargains. Phrases like “priced to sell,” “motivated seller,” or “quick possession available” may mean the seller is ready to negotiate. Some buyers have even scored properties well below asking in these situations.

That doesn’t mean every “priced to sell” listing is a deal — you still need to do your homework. But if you see these signals, it’s worth a closer look, especially if the property has been on the market for longer than average.

3. Time Your Search Strategically

Historically, the spring market brings the most listings — and the most competition. But in Calgary’s current climate, late summer into early fall can offer unique advantages:

• Sellers may be more motivated before year-end.

• There’s often less buyer competition compared to peak spring months.

• New inventory still enters the market, but with a slower pace.

If you’re flexible on timing, this could be your window to secure a better price or terms.

4. Be Financially Ready Before You Shop

With mortgage rates hovering around 4-6%, affordability is a top concern for buyers. Getting pre-approved not only clarifies your budget, but also strengthens your offer in the eyes of sellers.

Here’s what we recommend:

• Get pre-approved early — before touring homes.

• Have your deposit ready — sellers take buyers more seriously when the money’s in place.

• Limit contingencies where possible — a cleaner offer can help you win in competitive situations.

5. Use Local Knowledge to Your Advantage

In a shifting market, not all neighborhoods move at the same pace. Some Calgary communities are still seeing multiple offers, while others have more balanced conditions. Understanding these micro-markets is key.

For example, homes in established communities with good schools and walkability may hold value better in a cooler market. Meanwhile, newer areas might offer more square footage for the price but may take longer to appreciate. A hyper-local approach ensures you’re making an informed decision that supports your long-term goals.

The Bottom Line

This market is different from what we saw a year or two ago — and that’s not a bad thing for buyers. With more options, slightly longer days on market, and motivated sellers in certain segments, there’s opportunity if you approach your search strategically.

If you’d like tailored advice on where those opportunities are in Calgary right now — or want to set up alerts for new listings in your ideal neighborhood — let’s talk. We’d be happy to help you navigate this evolving market with confidence.

As the Calgary real estate market moves through the summer months, we’re starting to see a shift—particularly due to a significant increase in supply. According to the latest CREBNow market update, July 2025 saw the city reach 6,917 active listings, a level of inventory not seen since before the pandemic and well above long-term trends. Much of this growth has been concentrated in newer communities, which is directly influencing pricing and buyer activity across all property types.

Market Trends at a Glance

• Total Sales (July): 2,099 (↓12% YoY)

• New Listings: 3,911 (↑8% YoY)

• Citywide Benchmark Price: Down 4% from June 2024 peak

• Apartments & Row Homes: Experiencing the steepest price declines

• Detached & Semi-Detached Homes: More balanced conditions

• Inventory Levels: Highest since 2021 for some property types

Chief Economist Ann-Marie Lurie noted, “Price declines are not occurring across all property types in all locations of the city, and even where there have been declines, it has not erased all the gains made over the past several years.”

Let’s break it down by property type and region:

Detached Homes

• Benchmark Price: $761,800 (↓<1% YoY)

• Months of Supply: 3 (up for the first time since 2020)

Sales slowed to 1,031 units in July, with inventory growth outpacing demand. While most areas saw a balanced market, the North East had over four months of supply and the largest price declines (↓5%). In contrast, City Centre detached homes saw nearly a 2% increase in pricing.

Semi-Detached Homes

• Benchmark Price: $697,500 (↑1% YoY)

• Months of Supply: 3 (first time since 2021)

While sales declined 11% year-to-date, inventories improved. Prices held steady overall, with the City Centre seeing the highest gains (↑3%), and the North East, East, and North districts showing slight declines.

Row Homes

• Benchmark Price: ↓4% YoY

• Months of Supply: Over 3

Inventory continues to rise, particularly in the North East, where supply nears five months. While prices have declined recently, they remain relatively stable on a year-to-date basis, with some gains in the South, North West, and City Centre.

Apartment-Style Condominiums

• Benchmark Price: $329,600 (↓1% MoM, ↓5% YoY)

• Months of Supply: 4+ (highest since 2021)

Apartment units are currently experiencing the greatest pricing pressure. Increased competition from new construction and rising rental vacancies are weighing on the resale condo market. However, price declines are mostly concentrated in the North East, North, South East, and East, with other areas showing more resilience.

Surrounding Markets

Airdrie

• Benchmark Price: $532,800 (↓4% YoY)

• Inventory is up to its highest July level since 2018, resulting in over 3 months of supply. Despite the drop, prices year-to-date remain relatively stable.

Cochrane

• Benchmark Price: $590,000 (↑2% YoY, ↑4% YTD)

• Sales have softened slightly, but remain strong compared to long-term trends. A record number of July listings pushed inventory higher, slightly impacting pricing.

Okotoks

• Benchmark Price: $628,500 (↑2% YTD)

• Still one of the tighter markets, with just over 2 months of supply and strong sales-to-new-listings ratio (71%). Prices remain higher than last year despite a slight monthly dip.

What Does This Mean for Buyers and Sellers?

The increase in inventory across Calgary—particularly in the apartment and row home sectors—has shifted the dynamics from a seller-favoured market to one that’s more balanced or even tilted toward buyers in some areas. Sellers should be mindful of increased competition and price sensitivity, especially in newer or higher-density developments.

For buyers, this is an opportunity to explore more options and negotiate with greater confidence—especially in the condo market where selection and value are improving.

Source: CREBNow
Click here to read the full July 2025 Calgary & Region Market Stats report.

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.