Story perspectives

Calgary Sees Surge in First-Time Home Buyers Ahead of Spring

3/28/2026

Summary

Story summary

Calgary realtors report rising first-time buyers as spring 2026 approaches, driven by government incentives and a softer rental market.
Canada Mortgage and Housing Corporation reports a 15% rise in rental inventory and a 5.5% vacancy rate.
In the Greater Toronto Area, interest rates are stabilizing, prompting renewed buyer activity.
The housing supply deficit remains critical, with a need for 3.5 million homes by 2030, and experts emphasize thoughtful development.

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Story summary

Calgary realtors report rising first-time buyers as spring 2026 approaches, driven by government incentives and a softer rental market.
Canada Mortgage and Housing Corporation reports a 15% rise in rental inventory and a 5.5% vacancy rate.
In the Greater Toronto Area, interest rates are stabilizing, prompting renewed buyer activity.
The housing supply deficit remains critical, with a need for 3.5 million homes by 2030, and experts emphasize thoughtful development.