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Calgary leads Western Canada in real estate investment growth

Office, industrial properties still popular as retail, multifamily also strong
Downtown Calgary from Scotsman's Hill (Jake Cupit/CoStar)
Downtown Calgary from Scotsman's Hill (Jake Cupit/CoStar)
CoStar Analytics
January 7, 2026 | 12:48 P.M.

Western Canada’s commercial real estate market outlook is brightening as investor confidence strengthens, fueled by resilient leasing across key property sectors. After performance in 2025 surpassed expectations, Calgary property professionals are cautiously optimistic about the market's future.

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News | Calgary leads Western Canada in real estate investment growth