The Bank of Canada announced today that it is holding its overnight rate at 2.25%, marking another rate hold as policymakers continue to monitor inflation, economic growth, and global uncertainty.

What does this mean for real estate?

• Buyers can continue planning with greater confidence knowing borrowing costs remain stable.

• Sellers benefit from a market where buyers aren't facing sudden increases in financing costs.

• Variable-rate mortgages and HELOCs remain unchanged, with prime lending rates holding around 4.45%.

While interest rates are only one piece of the puzzle, stability in the lending environment continues to support a balanced real estate market.

Thinking about buying, selling, or refinancing? Let's discuss your options and create a plan that works for you.

Rene Simpson | Realtor®
Legacy Real Estate Services
403-901-5526 |  renesimpson.realtor@gmail.com
renesimpsonrealty.ca

Balanced Market Conditions Continue as Inventory Builds

May brought another increase in inventory across Calgary and surrounding communities, giving buyers more options and creating more balanced market conditions. Detached homes continue to show resilience with limited supply supporting prices, while apartment-style condos remain the most buyer-friendly segment due to elevated inventory levels.

• Calgary recorded 2,162 sales, Benchmark Price: $570,500, 3.12 months of supply.

• Airdrie saw 164 sales and 307 new listings, with inventory increasing to 519 homes. The market remains balanced with 3.16 months of supply and a benchmark price of $515,000. While prices have improved from January, they remain about 5% below last year's levels as buyers continue to benefit from increased choice.

• Cochrane: continues to outperform many surrounding markets, recording 115 sales and 188 new listings.

• Okotoks: One of the tighter regional markets with a benchmark price of $618,900 and only 2.44 months of supply.

Buyers:
▪️ More inventory means more selection and less pressure to rush decisions
▪️ Condo and townhouse buyers continue to have the strongest negotiating power
▪️ Detached homes in desirable neighbourhoods are still attracting strong interest

Sellers:
▪️ Strategic pricing remains key in today's market
▪️ Well-presented homes continue to stand out and sell
▪️ Buyers are more selective, making professional marketing more important than ever

Thinking about making a move in 2026? I'd be happy to help you understand what these market trends mean for your neighbourhood, property type, and goals.

Rene Simpson | Realtor®
Legacy Real Estate Services
renesimpson.realtor@gmail.com | renesimpsonrealty.ca | 403-901-5526
Airdrie, Calgary & Area Realtor®