
Calgary Alberta Real Estate Trends
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Calgary Real Estate Trends
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Calgary Real Estate Market Trends (2020-2024): Home Prices, Sales & Mortgage Rates
Stay informed on the latest Calgary real estate market trends with our detailed overview from 2020 through 2024.
Discover annual home sales, average home prices, and mortgage rate fluctuations, along with year-over-year comparisons to help you make smart buying or selling decisions.
Whether you're a first-time homebuyer, investor, or homeowner, understanding Calgary's market dynamics is crucial for navigating your next move.
Calgary Real Estate Market Data (2020 - 2024)
Annual Home Sales and Average Home Prices
Year | Total Home Sales | % Change from Previous Year | Average Home Price | % Change from Previous Year |
---|---|---|---|---|
2020 | 16,149 | N/A | $485,000 | N/A |
2021 | 27,686 | +71.5% | $499,000 | +2.9% |
2022 | 29,672 | +7.2% | $518,800 | +4.0% |
2023 | 26,858 | -9.5% | $570,000 | +9.9% |
2024 | 25,662 | -4.5% | $605,026 | +6.1% |
Average 5-Year Fixed Mortgage Rates
Year | Average Mortgage Rate | % Change from Previous Year |
---|---|---|
2020 | 4.94% | N/A |
2021 | 4.79% | -3.0% |
2022 | 6.04% | +26.1% |
2023 | 6.49% | +7.5% |
2024 | 6.79% | +4.6% |
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