As we dive into 2025, Canadian home decor is taking on some fun and fresh vibes. This year, it’s all about blending timeless charm with modern twists, making our spaces not just stylish but also practical and eco-friendly. Here’s what’s hot in Canadian homes this year:

1. Sustainability is Key

Going green is still a big deal! More people are choosing eco-friendly materials and furniture. Think reclaimed wood tables, organic fabrics, and even solar-powered lights. It’s all about looking good while doing good for the planet. You’ll see lots of energy-efficient gadgets and upcycled decor too.

2. Earthy Colors and Natural Vibes

The color game in 2025 is all about earthy tones. Picture soft browns, gentle greens, and cozy terracottas. These shades make your home feel warm and welcoming. Natural materials like stone, clay, and wood are popping up everywhere, from floors to walls, giving homes a cool, grounded feel.

3. Versatile Spaces

With more of us working from home, our spaces need to multitask. Think home offices that turn into guest rooms or living rooms that can also be your workout spot. Furniture that does double duty, like sofa beds or extendable tables, is super popular right now.

4. Smart Home Tech

Smart homes are getting even smarter! From voice-controlled lights and thermostats to high-tech kitchen gadgets, tech is making life easier. Canadians are loving smart security systems, automated blinds, and even AI helpers that keep daily tasks in check.

5. Bringing Nature Indoors

Bringing the outside in is a big trend. Huge windows that let in lots of light, indoor plants, and even living walls are all the rage. This trend not only looks great but also helps boost your mood and well-being.

6. Vintage and Handmade Touches

There’s a big love for vintage and handmade goodies. Unique pieces like handwoven rugs, antique mirrors, or custom pottery add a special touch to homes. These items tell a story and make spaces feel extra personal.

7. Cozy Minimalism

Minimalism is still going strong, but it’s getting cozier. The trend now is "warm minimalism," which mixes clean, simple spaces with personal touches. Think fewer things but with more meaning, like family photos or travel keepsakes, to make your space feel comfy and lived-in.

8. Bold Statement Pieces

Making a statement is in! Bold pieces like a colorful sofa, a big piece of art, or an eye-catching light fixture can really make a room pop. These standout items bring character and energy to your home.

9. Outdoor Living Love

Canadians are putting more love into their outdoor spaces. Patios, balconies, and gardens are becoming cozy extensions of our homes. Stylish, durable outdoor furniture, fire pits, and even outdoor kitchens are big hits, making outdoor spaces perfect for relaxing or entertaining.

10. Supporting Local Artisans

There’s a growing trend of supporting local artists and designers. People are seeking out unique, high-quality decor from Canadian makers. It’s a great way to add some local flavor to your home while supporting the community.

In a nutshell, Canadian home decor trends for 2025 are all about creating spaces that look great, work well, and feel right. By tapping into these trends, you can make your home a true reflection of your style and values.

It is the beginning of another year and as we prepare for the coming months, it is a privilege to keep you all “in the know”. We expect the interest rates to hold steady or even lower over the next 6 months or so. With this said, be prepared for a staggering amount of activity and competition amongst buyers should the rate lower even slightly.

1. Price increases are not over. We are expecting an 8% increase over the next 12 months.

2. We hope to see a New Year surge of new listings come on the MLS over the next few weeks.

3. The great Calgary Migration continues!

As December wrapped up, we were left with about 45 days’ worth of inventory with the average listing in Calgary being on the market about 33 days. Our sales again exceeded our new listings so our inventory continues to struggle. With the new year and the holidays behind us we expect new listings to finally hit the market. This is good news for those that have been seeking and hoping to find a home under the current conditions.

Do I buy now or wait for an interest drop?

There are a couple of things to consider here. First of all, with continued migration to Calgary and ongoing low inventory levels we are expecting an 8% increase in home prices over the next 12 months. With just that consideration alone it would be prudent to get in quickly. The other consideration is that as soon as there is a drop in Canada’s prime rate, there will be a flurry of offers on that exact property that you are hoping for. This type of activity is what is going to drive prices up this year. So, the short answer is no, do not sit on the fence. In 2024 the early bird gets the worm.

What if I have a home to sell?

What’s important to remember here is if you are buying in the same market that you will be selling in, you want to be in the market when there are other homes available for you to purchase whether you are moving up to a larger home or downsizing. It is the entire picture that is important. Yes, we want to optimize your net sales proceeds, but you will also want to consider the market environment you will be negotiating your purchase in.

“Sales in 2023 did ease relative to last year’s peak, but with 27,416 sales, levels were still far higher than long-term trends and activity reported before the pandemic.” -CREB

Our benchmark Price $570,100

We finished our 2023 with a 10.7% price increase over 2022. Our current inventory rests at around 2200 homes available in the city of Calgary. That is a 44% decline over the 10 year average. Translation? Very low!

October 25th the Bank of Canada released their highly anticipated announcement about interest rates and, as anticipated, they decided to hold their target for the overnight rate at 5%. Although this is disappointing for some buyers looking for lower interest rates, it isn't shocking. When will interest rates start to come down? Well, hopefully the rates will begin to drop starting in 2024. Randall Bartlett, senior director of Canadian economics at Desjardins recently shared his thoughts as follows.