Bank of Canada Holds Interest Rate at 2.25% – What It Means for the Housing Market

On April 29, 2026, the Bank of Canada announced it is holding its benchmark interest rate at 2.25%, continuing a trend of rate stability so far this year.

Key Takeaways from the Announcement

• No rate change: This marks another hold as the Bank monitors economic conditions
• Inflation outlook: Expected to peak near 3% before gradually returning to the 2% target
• Economic uncertainty remains: Rising oil prices and global tensions are creating pressure on inflation
• Future direction unclear: While rates are stable now, potential hikes later in 2026 are still possible

What This Means for Buyers

Stability in rates is helpful — but it doesn’t necessarily mean lower borrowing costs are coming soon. Buyers should:

• Lock in favourable rates when possible
• Be prepared for ongoing affordability challenges
• Act strategically in a market that is no longer rapidly declining in rates

What This Means for Sellers

A stable rate environment can:

• Bring more confident buyers back into the market
• Support steadier pricing conditions
• Create opportunities as competition increases

Bottom Line

The Bank of Canada is taking a wait-and-see approach, balancing inflation risks with a slowing economy.

For real estate, this means a market that is more predictable — but still sensitive to future rate changes.

If you’re planning to buy or sell this year, understanding how interest rates impact your strategy is key.

Adrienne McGarvey REALTOR®

2% Realty

403.801.2012

Open House Today in Springbank Hill | Exceptional Value at $244,900

Opportunities like this don’t come up often in Springbank Hill.

Join me today from 1:00 PM to 3:00 PM ⏰ to tour this well-designed 1 bedroom, 1 bathroom condo, offered at just $244,900—a price point that makes west side living far more accessible.

This home delivers a smart, efficient layout with 9’ ceilings that create a bright and open feel throughout the main living space. The kitchen offers generous cabinetry, ample counter space, and a durable silgranite sink, while a built-in office nook adds flexibility for working from home.

The bedroom is thoughtfully laid out with walkthrough closets leading into a cheater ensuite, and in-suite laundry adds to the everyday convenience.

Step outside to your private patio with a gas line for a BBQ , giving you a comfortable outdoor space to enjoy.

Beyond the unit, you’ll benefit from titled underground parking , a storage locker, a fitness centre ️, and a pet-friendly building (up to 2 pets). Condo fees of $422 include most utilities, making this an easy property to budget for.

What truly sets this home apart is the combination of location and value. Springbank Hill is one of Calgary’s most desirable west side communities, and being able to enter this market at $244,900 is a rare opportunity.

You’re within walking distance to Aspen Landing and the Shops of Montreux, with easy access to transit , nearby pathways, and Stoney Trail for quick commutes and weekend trips to the mountains ️.

For buyers looking for affordability without compromising location, this is one to see in person.

Adrienne McGarvey REALTOR®

2% Realty

403.801.2012

OPEN HOUSE TODAY – 12:30 PM TO 2:30 PM

Join me today for an open house in the highly desirable community of Strathcona from 12:30 PM to 2:30 PM at 44 Strathclair Rise SW.

This home presents a fantastic opportunity for buyers looking to get into a sought-after neighbourhood with a functional layout and great features already in place.

✨ PROPERTY HIGHLIGHTS

• 4 Bedrooms | 3.5 Bathrooms
• 1,411 SQ.FT Above Grade
• Fully Finished Basement
• Vaulted Ceilings & Bright Living Space
• Kitchen with Gas Stove, Granite Counters & Stainless Steel Appliances
• Air Conditioning
• Parking for THREE Vehicles

️ FUNCTIONAL & INVITING LAYOUT

The main floor features a bright and welcoming living area with vaulted ceilings and a bay window, creating an open feel.

The kitchen includes granite countertops, stainless steel appliances, and a gas stove, and connects to the rear living space overlooking the backyard.

Upstairs, the primary bedroom offers a walk-in closet and modern ensuite, while the fully finished basement provides additional flexibility with a rec room, bedroom, and full bathroom.

OUTDOOR SPACE & UPDATES

Enjoy a spacious backyard complete with a large deck and pergola, ideal for relaxing or entertaining.

Additional updates include:

• New Furnace (2023)
• Hot Water Tank (2022)
• Newer Windows & Doors
• Newer Roof

PRIME LOCATION

• Located in Strathcona
• Close to schools, parks, shopping, and transit
• Just a 15-minute drive to downtown Calgary
• Easy access west to the mountains

SEE IT IN PERSON TODAY

If you’ve been considering this home, today’s open house is the perfect chance to experience it in person.

Join me from 12:30 PM to 2:30 PM

Adrienne McGarvey REALTOR®

2% Realty

403.801.2012

Sold in 13 Days – Beating the Townhome Market in Calgary

Another successful sale in NW Calgary!
898 Sherwood Blvd NW is officially SOLD—and the results speak for themselves.

The Numbers That Matter

In today’s market, performance matters—and this one delivered:

✨ 13 Days on Market (compared to a 37-day average)
✨ 99% of List Price Achieved

This wasn’t just a sale—it was a strategic win.

Why This Home Sold Successfully

This end-unit townhome had strong fundamentals: great layout, modern finishes, and a desirable location. But that alone doesn’t guarantee results.

What made the difference:

✔️ Strategic pricing to attract serious buyers early
✔️ High-quality presentation to stand out online
✔️ Targeted marketing to create urgency and momentum

The result? Strong interest, faster timelines, and a near full-price outcome.

Location Still Drives Demand

Located in the highly desirable community of Sherwood, this property benefited from:

• Proximity to parks, schools, and pathways
• Easy access to transit
• Close to major shopping and amenities

Buyers are still prioritizing location + lifestyle, and Sherwood continues to deliver.

⚡ What This Means for Sellers

The gap between average results and great results is growing.

While the average home is taking 37 days to sell, this property sold in just 13 days—and for 99% of asking price.

That doesn’t happen by accident.

It comes down to:
Pricing strategy
Marketing execution
Understanding buyer behaviour

Thinking About Selling Your Home?

If you’re planning to sell, the goal isn’t just to get on the market—it’s to stand out in the market.

Let’s connect and build a strategy that gets you the best possible result.

Adrienne McGarvey REALTOR®

2% Realty

403.801.2012

Winning With Confidence in a Competitive Market

Buying a home in today’s market — especially in sought-after communities like Hillhurst — often means facing competition, pressure, and quick decisions.

That was exactly the case for my recent buyers.

This property attracted significant interest and multiple offers, creating a situation where many buyers feel forced to rush or overextend themselves.

But that’s not how we approached it.

It’s Not About Moving Fast — It’s About Moving Smart

In competitive scenarios, success doesn’t come from guessing or reacting emotionally.
It comes from clarity, preparation, and strategy.

Together, we focused on:

• Understanding the current market dynamics
• Analyzing the level of competition
• Structuring an offer that was both strong and intentional
• Ensuring my clients felt fully confident in their decision

There was no second-guessing — just a clear plan.

The Result

✅ Offer accepted
✅ Competing buyers beat out
✅ Clients who feel confident — not overwhelmed

And that last point matters most.

Because buying a home isn’t just about “winning” — it’s about knowing you made the right decision for you.

What Buyers Actually Need Right Now

In a competitive market, the biggest advantage isn’t speed — it’s guidance.

You need:

• The right information
• Honest advice
• A strategy tailored to your goals
• Someone who can help you act decisively and confidently

That’s exactly what I provide for my clients.

Thinking About Buying?

If you’re planning a move, especially in competitive areas like Hillhurst, let’s make sure you’re not just competing — you’re positioned to win with confidence.

Reach out anytime — I’d love to help you navigate your next move.

Adrienne McGarvey REALTOR®

2% Realty

403.801.2012

Sunday 1–3 PM | 40 Patina Terrace SW, Calgary

Some homes are about space. Others are about lifestyle. This one offers both—without compromise.

Join me this Sunday to tour 40 Patina Terrace SW, a property perfectly suited for downsizers and young professionals looking to transition into a more refined, low-maintenance, and მშვიდ setting in Calgary’s west side.

A SMART MOVE FOR YOUR NEXT CHAPTER

For downsizers, this home offers the ability to simplify while still enjoying comfortable, well-designed living spaces. There’s no sense of giving anything up—just gaining a more manageable and relaxed lifestyle.

For young professionals, it’s an opportunity to own in an established, upscale community that offers both prestige and practicality, with a quick commute to downtown.

THE APPEAL OF PATTERSON

Patterson is known for its:

• Quiet streets and elevated setting
• Strong sense of community
• Proximity to downtown Calgary
• Easy access to walking paths, amenities, and the mountains

It’s a location that naturally attracts those looking for something a little more exclusive and tucked away.

SEE IT FOR YOURSELF

This home is best experienced in person.

Sunday | 1:00 PM – 3:00 PM
40 Patina Terrace SW

If you're ready for a home that better matches your lifestyle today, this could be the one.

Adrienne McGarvey REALTOR®

2% Realty

403.801.2012

Listed by Grahame Green 2% Realty

Conditionally Sold in Just 3 Days – 898 Sherwood Blvd NW

That was fast.

898 Sherwood Blvd NW is now CONDITIONALLY SOLD after just 3 DAYS on the market—a result that speaks directly to the power of the right strategy.

Why This Home Stood Out

This beautifully maintained END-UNIT townhome in Sherwood had everything today’s buyers are looking for:

✨ 1,655 SQFT of functional living space
✨ 3 Bedrooms + 2.5 Bathrooms
✨ Bright, open-concept layout with 9’ ceilings
✨ Stylish kitchen with QUARTZ countertops + GAS STOVE
✨ Private balcony with BBQ gas line
✨ Upper-floor laundry (a must-have!)
✨ Versatile bonus/flex room + attached garage
✨ Low condo fees for easy, low-maintenance living

Add in the end-unit advantage—more windows, more light, and more privacy—and it’s easy to see why this property generated immediate attention.

Location Matters (And Sherwood Delivers)

Located in the sought-after NW community of Sherwood, this home offered:

✔️ Steps to parks, schools, and pathways
✔️ Easy access to transit
✔️ Close proximity to major shopping, restaurants, and everyday amenities

For buyers, this is the kind of location that checks both lifestyle and convenience boxes.

⚡ What This Means for Sellers

3 days on market isn’t luck—it’s strategy.

When a home is:
✔️ Priced correctly
✔️ Presented professionally
✔️ Marketed effectively

…it attracts serious buyers quickly and creates momentum.

Thinking About Selling?

If you’re curious about what your home could sell for in today’s market—or how to position it for a fast, successful sale—let’s talk.

Because results like this don’t happen by chance—they’re planned.

Reach out anytime for a no-pressure conversation about your goals.

Adrienne McGarvey REALTOR®

2% Realty

403.801.2012

SOLD in 31 Days: Bankview Condo Outperforms the Market

The condo at 305 – 2417 17 Street SW in Bankview is officially sold — and the result tells an important story about today’s Calgary condo market.

This top-floor one-bedroom unit sold in just 31 days, significantly outperforming the average days on market of 58 days for similar properties in the area.

Understanding the Market Conditions

This sale is especially notable given the current market dynamics in Bankview:

• Average days on market (1-bedroom units): 58 days
• Current inventory: 7 months supply

A 7-month supply indicates a more balanced-to-slower market, where buyers have more choice and listings can take longer to sell. In these conditions, properties that are not positioned correctly often sit — or require price reductions.

Why This Property Sold Faster

This home succeeded because of a strong, intentional strategy:

• Strategic pricing that immediately captured attention
• Standout positioning as the lowest priced one-bedroom in Calgary
• Clean, modern presentation that appealed to today’s buyers
• Highly desirable inner-city location in Bankview

When these elements align, even in a higher-inventory market, properties can outperform expectations.

What This Means for Sellers

This sale reinforces a key point:
The market doesn’t determine your result — your strategy does.

If you’re considering selling your condo or home, it’s critical to understand how to position your property in today’s conditions to avoid sitting on the market.

If you’d like a customized plan based on your property and current market data, I’d be happy to help.

Adrienne McGarvey REALTOR®

2% Realty

403.801.2012

OPEN HOUSE TODAY IN STRATHCONA – 1:00 PM TO 3:00 PM

A fresh opportunity has arrived in one of Calgary’s most sought-after communities. This home is back on the market as a NEW LISTING, now offered at $625,000—making it an exciting option for buyers looking to get into Strathcona.

✨ PROPERTY HIGHLIGHTS

• 4 Bedrooms | 3.5 Bathrooms
• 1,411 SQ.FT Above Grade
• Fully Finished Basement
• Vaulted Ceilings & Bright Living Space
• Kitchen with Gas Stove, Granite Counters & Stainless Steel Appliances
• Air Conditioning
• Parking for Three Vehicles- potential for garage

️ FUNCTIONAL LAYOUT FOR EVERYDAY LIVING

The main floor offers a bright and welcoming living space with vaulted ceilings and a bay window, creating an open and airy feel.

The kitchen is both practical and stylish, featuring granite countertops, stainless steel appliances, and a gas stove, and flows seamlessly into the rear living area overlooking the backyard.

Upstairs, the primary bedroom includes a walk-in closet and modern ensuite, while the fully finished basement adds valuable flexibility with a rec room, additional bedroom, and full bathroom.

OUTDOOR SPACE & UPDATES

Step outside to enjoy a spacious backyard complete with a large deck and pergola—perfect for relaxing or entertaining.

Additional features include:

• New Furnace (2023)
• Hot Water Tank (2022)
• Newer Deck
• Newer Roof

LOCATION, LOCATION

• Located in Strathcona, one of Calgary’s most desirable communities
• Close to excellent schools, parks, shopping, and transit
• Just a 15-minute drive to downtown Calgary
• Easy access west to the mountains

SEE IT IN PERSON

If you’ve been waiting for the right opportunity in Strathcona, this is one you won’t want to miss.

Join the open house today, Saturday April 11  from 1:00 PM to 3:00 PM and experience everything this home has to offer.

Stylish End-Unit Townhome in Sherwood with 3 Bedrooms, Bonus Space & Low Condo Fees

Welcome to 898 Sherwood Blvd NW, a beautifully maintained end-unit townhome offering 1,655 square feet of thoughtfully designed living space in one of NW Calgary’s most desirable communities.

This home stands out immediately with its end-unit location, allowing for additional natural light, enhanced privacy, and a more open feel throughout. Built in 2014, it blends modern finishes with a highly functional layout that suits a variety of lifestyles—from families to professionals and investors.

The main floor features 9-foot ceilings and a bright, open-concept design. The spacious living area is filled with natural light from multiple windows and flows seamlessly into a dedicated dining space. From here, step out onto your private balcony, complete with a gas line for BBQing and plenty of room for outdoor seating—perfect for entertaining or relaxing.

The kitchen is both stylish and practical, featuring quartz countertops, stainless steel appliances, a gas stove, and a French door fridge with a water dispenser. The large central island comfortably seats four, making it an ideal gathering space, while the added window provides extra light and ventilation.

Upstairs, you’ll find three well-sized bedrooms, including a primary suite with a private ensuite featuring an oversized shower and generous closet space. A full family bathroom, linen storage, and convenient upper-floor laundry add to the home’s functionality.

On the ground level, a flex/bonus room offers versatility for a home office, gym, or guest area, along with a utility room and access to the single attached garage. The added front yard space gives this property a more traditional home feel.

With condo fees of just $298/month, covering insurance, snow removal, landscaping, maintenance, and reserve fund contributions, this is a low-maintenance ownership opportunity. The complex is also pet-friendly, allowing up to four pets (including two dogs).

Located in Sherwood, this home is just steps from parks, schools, pathways, and transit, with easy access to major shopping, restaurants, and everyday amenities.

If you’re looking for a move-in-ready home that offers space, style, and convenience—this is one you won’t want to miss.

The latest March 2026 data from CREB shows a clear shift underway in the Calgary real estate market. After several years of strong seller-favoured conditions, we are now seeing a move toward a more balanced environment.

Sales and Listings Decline

Total residential sales in Calgary were down approximately 12% year-over-year in March, with similar declines reflected in year-to-date numbers. New listings also declined, but at a slower pace, resulting in increased inventory levels across the city.

This shift is important. When inventory rises faster than sales, market conditions naturally begin to rebalance.

Inventory and Months of Supply Rising

Inventory levels increased by nearly 13% year-to-date, and months of supply rose to over 3 months in some segments of the market.

This is a notable change from the tight conditions we experienced over the past few years, where limited supply drove strong competition and price growth.

Prices Showing Modest Softening

The overall residential benchmark price in Calgary is down approximately 4% year-over-year. However, trends vary significantly by property type:

• Detached homes: Down roughly 3% year-over-year, showing relative stability
• Apartments: Down closer to 9%, reflecting more sensitivity to changing demand
• Row and semi-detached: Moderate declines between these ranges

While prices are softening, it’s important to note that they remain historically strong.

Days on Market Increasing

Homes are taking longer to sell, with days on market up over 20% compared to last year. This gives buyers more time to evaluate options and reduces the urgency that defined previous market conditions.

What This Means for Buyers and Sellers

We are no longer in an extreme seller’s market — but we’re not in a buyer’s market either.

Instead, Calgary is transitioning into a more balanced market where:

• Buyers have more choice and negotiating power
• Sellers need to be strategic with pricing and presentation
• Local market knowledge matters more than ever

Final Thoughts

This shift is healthy for the market overall. It creates more sustainable conditions and opportunities on both sides.

If you’re considering buying or selling, understanding how these trends impact your specific property type and neighbourhood is key.

Adrienne McGarvey REALTOR

2% Realty

403.801.2012

Another successful result in Calgary’s inner-city market.

The condo at 305 – 2417 17 Street SW is now conditionally sold, proving that well-positioned properties continue to attract strong interest — especially in the affordable segment.

This top-floor one-bedroom unit in Bankview stood out as the lowest priced one-bedroom in Calgary with parking and insuite laundry, offering exceptional value for first-time buyers and investors.

The home featured a clean, modern aesthetic with hardwood floors, updated lighting, and a striking interior design of white walls paired with black trim and doors. The functional layout included a stylish kitchen with stainless steel appliances and a breakfast bar, along with in-suite laundry, a parking stall, and a storage locker — key features buyers are actively searching for.

Location continues to play a major role in buyer demand. Situated in Bankview, this property offered walkability to parks, transit, and the shops and restaurants along 17 Avenue, along with immediate access to the Bankview Community Centre and nearby green spaces.

What This Means for Sellers

This sale is a strong reminder that:

• Pricing strategically drives attention
• Affordable inner-city properties remain in demand
• Presentation still matters — even at lower price points

If you’ve been thinking about selling, now is a great time to evaluate your home’s position in the market.

Reach out anytime for a customized strategy tailored to your property.