Calgary housing market closed out 2025 with 14% fewer home sales in December: board
AI Article Summary
Home sales in the City of Calgary decreased by 14.2% in December compared to the previous year. This decline coincided with a decrease in home prices as the year ended.
What This Means for Canadian Contractors
For Canadian builders, this means a potential shift in the demand for new housing construction, affecting project timelines and potential profits. As housing sales decline, contractors may need to diversify their projects or focus on renovations to maintain stable income. This situation highlights the importance of monitoring market trends for strategic planning.