Bank of Canada Holds Interest Rates: What It Means for Calgary Real Estate

The Bank of Canada announced on June 10, 2026, that it is maintaining its policy interest rate at 2.25%, marking the fifth consecutive rate announcement without a change. The Bank cited ongoing economic uncertainty and limited evidence that recent increases in energy prices are creating widespread inflation pressures.

For Calgary home buyers and sellers, this decision provides something many have been hoping for: stability.

Why Did the Bank Hold Rates?

The Bank of Canada is balancing two competing concerns:

⚖️ Slowing economic growth

⚖️ Inflation that remains near the upper end of its target range

While inflation has increased recently, policymakers noted that higher energy costs have not yet translated into widespread price increases across the economy. As a result, they chose to leave rates unchanged while monitoring future economic data.

What This Means for Calgary Buyers

1. Mortgage Costs Remain Predictable

Today's announcement means lenders are unlikely to make significant changes to variable-rate mortgage pricing in the immediate future. Buyers can continue planning with greater confidence.

2. More Time to Make Decisions

When rates are stable, buyers feel less urgency to rush into a purchase. This creates opportunities to compare properties, negotiate terms, and make more informed decisions.

3. Calgary Continues to Offer Value

Compared with many major Canadian cities, Calgary remains one of the strongest markets for affordability and long-term value. Stable borrowing costs help support demand from both local buyers and those relocating from other provinces.

What This Means for Calgary Sellers

1. Buyers Are Still Active

Stable rates help keep qualified buyers in the marketplace. While some buyers remain cautious, financing conditions are significantly more predictable than they were during the rapid rate increases of previous years.

2. Pricing Strategy Matters More Than Ever

As markets normalize, buyers become increasingly selective. Homes that are priced appropriately and marketed effectively continue to generate strong interest.

3. Preparation Creates Competitive Advantage

Professional photography, thoughtful staging, and strategic marketing can make a significant difference in attracting today's buyers.

What Happens Next?

The Bank of Canada has indicated it remains focused on inflation and is prepared to adjust rates if conditions change. However, many economists expect rates to remain relatively stable through the remainder of 2026 unless inflation begins to accelerate significantly.

For now, today's announcement provides welcome certainty for both buyers and sellers.

Bottom Line

A stable interest rate environment is generally positive for Calgary real estate.

✔ Buyers gain confidence and predictability.

✔ Sellers continue to benefit from active demand.

✔ The market can focus on fundamentals rather than reacting to changing borrowing costs.

If you're considering buying, selling, or investing in Calgary real estate, now is an excellent time to understand how today's rate announcement affects your specific goals.

Let's connect and create a strategy tailored to your situation.

Open House This Saturday in Inglewood

Some homes simply belong in Inglewood.

Located on one of the community's most desirable streets, 712 14 Street SE is a character-filled 1912 home that captures the charm, individuality, and lifestyle that make Inglewood one of Calgary's most sought-after neighbourhoods.

Open House Details

712 14 Street SE
Saturday, June 6
⏰ 1:00 PM – 3:00 PM

Why You'll Want to See This Home

With nearly 2,300 square feet of developed living space, this property offers the space and flexibility that are rarely found in character homes.

Highlights include:

✔ 3 bedrooms and 2.5 bathrooms

✔ Spacious primary suite with ensuite and dressing area

✔ Hardwood floors and original character details

✔ Main floor laundry

✔ Private backyard with covered deck

✔ Fully boarded attic with drop-down ladder

✔ Heated attached garage currently configured as a Pilates studio

✔ 49-foot-wide lot

✔ Outside the flood fringe

A Home That Fits the Inglewood Lifestyle

Just steps from Nellie Breen Park, the Bow River pathway system, and Inglewood's Main Street, this location offers easy access to everything that makes the community special—from morning walks along the river to local cafés, restaurants, boutiques, and live music venues.

The heated attached garage adds another layer of flexibility, making an ideal space for a home gym, yoga studio, workshop, artist studio, or creative workspace.

If you're looking for a home with personality, history, and potential in one of Calgary's most vibrant neighbourhoods, be sure to visit the Open House this Saturday.

Adrienne McGarvey REALTOR® | 2% Realty | 403.801.2012

Calgary Real Estate Has Shifted: Here's What Buyers and Sellers Need to Know

More Inventory Is Changing the Market

The latest Calgary real estate statistics show a market that is becoming much more balanced than we've seen over the past several years.

Inventory reached 6,752 homes in May, while sales declined by over 15% compared to the same time last year. The result? Buyers have more choices and sellers are facing more competition.

Detached Homes Remain Resilient

While overall sales have slowed, detached homes continue to perform relatively well.

• Benchmark price: $747,800
• Year-over-year price change: -2%
• Months of supply: 2.45
• Sales down just 6% from last year

This remains a relatively balanced market, particularly in many west-side communities where demand continues to support pricing.

Condos Have Become a Buyer's Market

The biggest story this month is the condominium sector.

Apartment condo prices are down approximately 9% year-over-year, inventory remains elevated, and buyers have significantly more negotiating power than they did a year ago.

For first-time buyers, investors, and downsizers, this may be one of the best opportunities we've seen in several years.

What Buyers Should Do

If you've been sitting on the sidelines waiting for more selection, this could be your opportunity.

Today's buyers can:

✔ Compare more properties
✔ Negotiate more aggressively
✔ Include financing and inspection conditions
✔ Take time to make informed decisions

What Sellers Need To Know

The market is no longer rewarding every listing equally.

Success today depends on:

• Strategic pricing
• Professional marketing
• High-quality photography
• Strong online exposure
• Understanding local neighbourhood trends

Homes that are priced correctly continue to attract attention. Homes that chase last year's prices often sit longer and require reductions.

The Bottom Line

Calgary isn't in a declining market—it's transitioning into a healthier, more balanced one.

Buyers finally have options.

Sellers can still achieve strong results, but strategy matters more than ever.

If you're wondering what your home is worth in today's market or how much negotiating power you may have as a buyer, I'd be happy to provide a customized market analysis.

Contact me today for a neighbourhood-specific market review.

Adrienne McGarvey REALTOR® | 2% Realty | 403.801.2012

Why 4 Woodstock Road SW May Be One of Southwest Calgary's Best Values

A price reduction can create an incredible opportunity for buyers, and that's exactly what's happened at 4 Woodstock Road SW.

Now offered at $650,000, this beautifully updated family home delivers the combination of space, location, privacy, and renovations that many buyers are searching for—but rarely find at this price point.

Large Corner Lot in a Mature Community

Located in the desirable community of Woodlands, this property enjoys the benefits of mature trees, established streets, excellent schools, nearby shopping, and quick access to Fish Creek Park.

The large corner lot provides additional outdoor space while the private backyard creates a peaceful setting for entertaining, gardening, or simply relaxing outdoors.

Move-In Ready With Extensive Updates

One of the biggest advantages of this home is that much of the expensive work has already been completed.

Recent upgrades during the sellers' ownership include:

✔ Roof
✔ Windows
✔ Furnace
✔ Hot Water Tank
✔ Kitchen Renovation
✔ Interior Doors
✔ Patio
✔ Fencing

Inside, buyers will appreciate the fresh paint, brand-new carpet, hardwood flooring, updated bathrooms, and modern window coverings.

✨ Functional Family Living

The 4-level split design offers flexibility and separation of space that many families love.

Highlights include:

• Formal living and dining rooms
• Updated kitchen with quartz countertops and pantry storage
• Lower-level family room with backyard access
• 4 bedrooms
• 2.5 bathrooms
• Spacious primary suite with ensuite and double closets
• Attached double garage
• Ample storage space

Exceptional Opportunity at $650,000

Finding a renovated home on a large lot in an established southwest Calgary neighbourhood is becoming increasingly difficult.

With its new price of $650,000, 4 Woodstock Road SW represents a compelling opportunity for buyers looking for a home they can move into immediately while enjoying the benefits of a mature community and significant seller updates.

If you've been waiting for the right combination of value, location, and condition, this home deserves a closer look.

Contact Adrienne McGarvey to schedule your private showing today.

Adrienne McGarvey REALTOR® | 2% Realty | 403.801.2012

Why This Downtown Calgary Loft at $329,000 Deserves a Second Look

Price reductions create opportunities.

If you've been watching Calgary's downtown condo market and waiting for the right property, this newly reduced loft at Orange Lofts by Battistella deserves your attention.

Now offered at just $329,000, this is an opportunity to own one of Calgary's most distinctive loft-style homes in a building known for authentic urban living.

Unlike many modern condos, Orange Lofts was designed to embrace industrial architecture. Inside you'll find polished concrete floors, exposed ductwork, soaring ceilings, and floor-to-ceiling windows that create a space full of character and natural light.

The 786-square-foot layout makes excellent use of space, featuring an updated kitchen with quartz countertops, open shelving, modern cabinetry, and a large island with a solid wood countertop. Custom under-stair storage creates a walk-in pantry, coat closet, and additional storage rarely found in loft living.

The upper-level loft bedroom overlooks the living space while enjoying expansive south-facing views toward the Stampede Grounds and Calgary's new entertainment district.

What makes this opportunity particularly compelling is everything included:

✅ Air conditioning
✅ Titled underground parking
✅ Separate storage locker
✅ Pet-friendly building
✅ Rooftop patio and resident amenities
✅ Condo fees that include all utilities, including electricity

The location puts you steps from East Village, downtown offices, restaurants, cafés, river pathways, entertainment venues, and year-round events.

For buyers seeking a property with personality, convenience, and long-term appeal, this loft offers exceptional value at its new price of $329,000.

Some properties blend in. This one stands out.

Adrienne McGarvey REALTOR® | 2% Realty | 403.801.2012

7 Reasons to Buy This Saddle Ridge Condo for $220,000

Affordable Calgary condos are becoming harder to find — especially newer buildings with 2 bedrooms, 2 bathrooms, and underground parking. That’s why this newly reduced listing at 218, 92 Saddletree Court NE stands out as one of the BEST VALUE opportunities currently available in Calgary.

Now offered at just $220,000, this is currently the newest built and lowest priced 2 bedroom, 2 bathroom condo with underground parking in Calgary. Here are 7 reasons buyers should pay attention to this opportunity.

1. One of Calgary’s Best Condo Values

Finding a newer condo with 2 bedrooms, 2 bathrooms, and underground parking at this price is extremely rare. At $220,000, this property offers an affordable entry point into Calgary real estate without compromising on functionality or convenience.

2. Titled Underground Parking Included

Underground parking is becoming increasingly difficult to find in Calgary’s lower price ranges. Having titled underground parking means added comfort during Calgary winters, better security, and stronger long-term resale appeal.

3. Newer Building Compared to Most Affordable Condos

Many entry-level condos in Calgary are in much older buildings. Raven Ridge Gardens offers buyers a newer-built option with more modern layouts and features while still maintaining affordability.

4. Excellent Layout with 2 Bedrooms & 2 Bathrooms

The 816 square foot floorplan is designed for practical everyday living. The spacious primary bedroom includes a bay window, walkthrough closets, and a private ensuite bathroom, while the second bedroom and full bathroom provide flexibility for family members, guests, roommates, or a home office.

5. Peaceful Pond Location

Backing onto a pond, the condo offers a quieter and more relaxing setting than many surrounding condo developments. The private balcony creates the perfect spot to enjoy fresh air and unwind after a busy day.

6. Walk to Saddletowne C-Train Station

Convenience is one of the biggest advantages of this location. Saddletowne C-Train Station, shopping, grocery stores, restaurants, schools, parks, and everyday amenities are all within walking distance, making commuting and daily errands easy.

7. Ideal for First-Time Buyers, Downsizers & Investors

Saddle Ridge continues to be one of northeast Calgary’s most sought-after communities thanks to its affordability, transit access, and strong community atmosphere. This condo is an excellent fit for first-time buyers, newcomers to Calgary, downsizers, or investors looking for strong long-term value.

Opportunities like this are becoming increasingly rare. If you’ve been searching for affordability, convenience, and practical living space in a newer building, this condo deserves a closer look.

Adrienne McGarvey REALTOR® | 2% Realty | 403.801.2012

Why This Upcoming Inglewood Listing Stands Out

Few communities in Calgary offer the lifestyle, character, and walkability of Inglewood — and even fewer homes combine historic charm with modern functionality quite like this upcoming property at 712 14 Street SE.

Located on one of Inglewood’s most desirable streets, this approximately 1950 square foot home offers an increasingly rare combination: authentic early-1900s character paired with thoughtful upgrades and an unbeatable inner-city lifestyle.

Originally built in 1912, the home retains many of the architectural details buyers love about character properties, while benefiting from important updates including the furnace, hot water tank, electrical, and the addition of convenient main floor laundry.

The layout is ideal for modern living, featuring:

• 3 bedrooms
• 2.5 bathrooms
• Spacious primary retreat with ensuite bathroom and dressing room area
• Heated attached double garage
• Additional driveway parking
• Covered backyard deck
• Large 49-foot-wide lot

One particularly unique feature is the heated attached garage, currently functioning as a Pilates studio — a fantastic example of the flexible lifestyle spaces today’s buyers value.

Location is another major highlight. The property sits steps from Nellie Breen Park, the Bow River pathway system, and the heart of Inglewood’s vibrant main street filled with local cafés, restaurants, boutiques, and amenities.

Perhaps most importantly for many buyers searching in this area: the property is not located in the flood fringe.

Character homes in premier Inglewood locations are always in high demand, especially those offering updated systems, functional space, and proximity to the river pathways.

If you’ve been waiting for a special inner-city property with personality, history, and location — this is one to watch.

Adrienne McGarvey REALTOR® | 2% Realty | 403.801.2012

SOLD IN SPRINGBANK HILL

Strategy Still Matters in Today’s Condo Market

This Springbank Hill condo is officially sold.

While Calgary’s condo market has become more competitive, successful sales are still happening with the right approach. Understanding current market conditions, buyer expectations, pricing strategy, and presentation continues to make all the difference.

I’m grateful to my seller for trusting me throughout the process and allowing me to help guide the sale from listing to closing.

For homeowners considering selling in west Calgary, today’s market requires more than simply putting a property online—it requires a strategy tailored to current conditions.

If you’re thinking about making a move in Springbank Hill or surrounding west side communities, I’d be happy to help you understand what your home could achieve in today’s market.

Adrienne McGarvey REALTOR® | 2% Realty | 403.801.2012