17 | Red, Blue, and Real Estate: Alberta’s Market in a Post-Election Canada

In this episode, we dive into the real estate ripple effects of a potential Mark Carney-led federal government—what it could mean for Alberta’s housing market, Calgary’s spring sales surge, and where the opportunities lie for buyers, sellers, and investors.Mark Carney’s reputation for fiscal discipline and inflation control could directly influence mortgage rates and housing affordability. Expect:A gradual reduction in the federal deficit.Continued tariffs on U.S. goods unless reciprocated.A push for trade diversification beyond the U.S.—which could boost Alberta's energy exports and job growth.All of this could shift interest rates and demand in Alberta’s real estate market.Federal Housing Plan Highlights:Goal: 3.87 million new homes by 2031.Key incentives:GST exemption for first-time buyers.Vacant land tax to spur development.Clampdown on short-term rentals.Alberta's "Stronger Foundations" Strategy:Aims to house 25,000 more households.Targets an increase of over 40% in affordable housing access.Aligns with federal goals to ease pressure on urban markets like Calgary.Showings: Showings rebounded sharply post-election jitters, with Calgary up 8.6% week over week, especially in the $800K+ segment. Buyers paused—but didn’t leave.Sales: April posted the second strongest sales week of the year, as window shoppers turned into deal signers.Inventory:Now at 94% of normal April levels—a near-balanced market.Listings under $500K up 40% week over week—great news for first-time buyers.New listings are creating breathing room, especially in lower price points.Months of Supply:Sitting at 2.8 months—technically balanced but still competitive.$400K–$700K homes are still seeing multiple offers.Prices:April average close price: $664,490 ( Up 7% since January).For Homebuyers:More inventory and federal incentives = increased access.Watch interest rates as Carney's policies roll out.For Sellers:Strategy matters more than ever.Hot zones: Luxury ($800K+), Sub-$500K, and Move-Up Markets.For Investors:Short-term rentals returning to the long-term market = potential rental growth.Be mindful of new taxes and regulations.The Spring 2025 market is here—and it's moving.Not 2022-level chaos, not early 2024 cold—but fast-paced, strategic, and full of opportunity. Balanced doesn't mean boring—it means smart agents and clients win.