10/28/2026
🚨 SOUTHERN ALBERTA! WAITING JUST GOT MORE COMPLICATED.
The Bank of Canada just raised interest rates.
And the latest Calgary housing numbers tell a VERY interesting story. 👀
📈 October 28, 2026: The Bank of Canada's overnight rate increased from 2.25% to 2.50%.
But here's what caught my attention. 👇
🏡 CREB Region MARKET UPDATE:
October 2026 month-to-date vs. October 2025:
🔴 Home sales: DOWN 14.59% 🔴 Pending sales: DOWN 18.59% 🔴 Active listings: DOWN 4.90% 🔴 New listings: DOWN 9.14%
💰 Median sale price: $572,200 📉 Price change: Just -0.49%
Read that again.
Sales are down nearly 15%.
But the median sale price has barely moved.
🤯 SO WHERE'S THE BIG PRICE CRASH EVERYONE WAS WAITING FOR?
The truth?
There isn't one showing up in these citywide median numbers.
That doesn't mean prices aren't falling in certain neighbourhoods or property types. Some segments are facing considerably more competition than others.
But it DOES mean waiting for prices to drop isn't a guaranteed strategy.
And now borrowing costs are part of that equation.
🔑 THINKING ABOUT BUYING?
Before waiting another six months, find out:
✅ What you can comfortably afford. ✅ Whether a mortgage rate hold makes sense. ✅ Where buyers may have negotiating room. ✅ Whether buying now or waiting actually improves your financial position.
🏷️ THINKING ABOUT SELLING?
Today's buyers are paying attention.
Pricing, presentation, and understanding your competition matter more than ever.
❤️ HERE'S MY ADVICE.
Don't buy because you're afraid rates will rise.
Don't sell because someone predicts a crash.
And don't put your life on hold waiting for a perfect market that may never arrive.
Make your next move based on YOUR finances, YOUR goals, and YOUR timeline.
📍 Calgary | Airdrie | Cochrane | Okotoks | Strathmore
💬 COMMENT "PLAN" or send me a DM if buying, selling, or moving is on your mind.
Let's figure out what makes sense for YOU.
Dion Brar | REALTOR® Homes with Dion The Real Estate District 🏡