There’s been a lot of talk about a 'record' housing correction in Canada, but here’s what the numbers actually show: In July, the national average home price dipped 0.6% to $661,800, with most provinces seeing a decrease—except for gains across the Atlantic. Since March 2022, prices have dropped 21.3%, led by significant declines in Ontario and B.C., even as affordability remains a real challenge for many.
As Calgary Realtors with decades of experience guiding clients through shifting markets, we know how important it is to look beyond the headlines. Alberta’s market has its own momentum, and understanding local trends is key to making informed decisions—whether you’re buying, selling, or investing. Our analytic approach and commitment to honest guidance help our clients navigate these changes and find opportunities that fit their goals.
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