If you’ve been asking yourself whether the Calgary Housing Strategy—fondly known as “Home Is Here”—has lived up to its promises, you’re not alone. With rising costs, changing demographics, and housing shortages making headlines, every Calgarian has felt the impact in one way or another.
In this blog post, I’ll take you through where the plan stands in 2025, what’s working, what needs tweaking, and—most importantly—what it means for homebuyers, renters, and investors like you. You’ll walk away with not only insider insights from the Calgary real estate market, but also practical guidance on what your next move could look like in this fast-evolving landscape.
Let’s dive in, shall we?
Launched by the City of Calgary in 2023, Home Is Here set out with a clear goal: to make housing more affordable, accessible, and sustainable for everyone. Whether you’re a student renting a basement suite in Brentwood, a young family seeking a townhouse in Mahogany, or an investor eyeing homes for sale in Calgary, the strategy was designed with you in mind.
Sounds pretty ambitious, right? Well, now that we’re halfway through 2025, it’s time to ask…
Here’s where things get interesting—and a little complicated (but don’t worry, I’ll break it down like a good neighbour explaining hockey to a first-timer).
One of the boldest promises made was to add 3,000 new non-market homes by 2026. As of Q2 2025, the city has already hit 1,850 units, which includes a mix of:
More options, more flexibility, and fewer bidding wars.
And guess what? This also eases pressure off the MLS listings for homes for sale in Calgary, keeping resale values stable while increasing choices for buyers.
Now here’s the tea: affordability is a moving target—especially when you’re dealing with inflation, rising interest rates, and global economic ripple effects.
But the city’s implementation of density-friendly zoning reforms and incentives for multi-unit dwellings has made it more attractive for developers to build cost-effective housing.
You’ve probably seen a spike in duplexes, triplexes, and secondary suites in neighbourhoods like Mount Pleasant, Rosscarrock, and Dover.
This has led to:
So, while we’re not out of the woods, we’re definitely on a decent hiking trail.
The ‘Home Is Here’ initiative isn’t just about throwing up more buildings. It’s also about rethinking how we live, and Calgary’s taking the lead.
Examples That Deserve Applause:
Now, I wouldn’t be Jai if I didn’t keep it 100% with you. While progress is being made, a few speed bumps remain on the road to housing paradise.
Despite recent reforms, bureaucratic delays and community pushback are still hurdles. NIMBY-ism (Not In My Back Yard) is alive and well in some corners of the city.
Even with more units coming online, waitlists for affordable housing are still long—especially for seniors and single-parent families.
Tracking outcomes consistently has been a bit of a mess. Developers and the city often use different metrics, leading to conflicting progress reports.
Alright, let’s get into what you came here for—how this affects your real estate game.
Now’s the time to explore up-and-coming communities. Some promising areas include:
You’ll find more townhomes and duplexes in these areas, many eligible for first-time buyer incentives.
Rents are still rising, but slower than before. Consider negotiating longer leases or exploring newly built basement suites, which often come with private entrances and modern amenities.
The city’s drive to allow upzoning in established communities is a goldmine opportunity.
Think:
I’ve been working in Calgary real estate for over a decade now, and I’ve seen the city go through booms, busts, and everything in between. But I’ve got to say—2025 feels like a turning point.
We’re not trying to be Toronto or Vancouver (bless their hearts and skyrocketing prices). We’re Calgary—resilient, welcoming, and quietly innovative.
The “Home Is Here” housing strategy is still a work in progress. But the progress is real. And if you’re thinking of jumping into the market—or upgrading your lifestyle—this might just be your moment.
Here’s your cheat sheet if you’re short on time:
If you’re ready to explore homes for sale in Calgary and navigate investment strategies, reach out.
You bring the dream, I’ll bring the keys!