Down payment burden eases in Calgary for first-time homebuyers

As someone deeply invested in the Calgary real estate market, I’m always watching for shifts that impact first-time buyers. Over the past two years, Calgary’s home prices have actually declined, making that first step onto the property ladder a bit more attainable. By 2026, it’s estimated that first-time buyers will need about eight years to save for a 20% down payment on a $750,500 home. Rising incomes are helping to balance out the higher prices expected through 2024-2025, easing the path to home ownership. It’s encouraging to see affordability improving—helping more Calgarians turn their dreams of owning a home into reality is exactly why I love what I do.