A new analysis from Environics Analytics reveals a major migration shift: Calgary is now the number-one out-of-province destination for families leaving the Greater Toronto Area.
In 2024 alone, about 2,500 GTA families moved to Calgary, reflecting a growing trend of Ontarians seeking affordability, space, and a more balanced housing market.
This westward movement highlights significant lifestyle and economic changes shaping Canada’s largest urban regions.
Why GTA Residents Are Choosing Calgary
Environics Analytics points to affordability and larger living spaces as the main factors driving younger people and families to Alberta.
Key reasons for the surge include:
1. More Affordable Housing
Calgary’s benchmark home price sits around $568,000, dramatically lower than the GTA and far more attainable for first-time buyers, young families, and those priced out of Ontario.
2. Larger Homes + Better Value
Families relocating consistently cite:
- Bigger homes
- More land
- Better quality of life
- Newer builds at competitive prices
Calgary offers significantly more square footage for the same—or lower—price than Toronto.
3. A More Balanced Market
Calgary’s housing market remains more stable compared to Ontario, with:
- Benchmark price: ~$568,000
- Condo values: declining slightly
- Sales: down 13 percent year over year
- Inventory: close to the national average
This balance gives buyers more negotiating room and reduces the bidding-war pressure common in the GTA.
Why This Matters for Ontario and Alberta
The migration of GTA residents to Alberta reflects a wider national trend:
- Ontario continues to struggle with high home prices and limited supply.
- Alberta’s affordability and job opportunities make it an attractive alternative.
- Younger households increasingly choose lifestyle + value over staying close to major financial hubs.
Calgary’s ability to attract families across the country demonstrates its growing role as a national economic and residential magnet.
Source
Subscribe to our newsletter:
Get weekly insights on home prices, real estate trends, and breaking news in Canada’s housing market.
Stay informed. Stay ahead.
Canada Housing Market 
Leave a comment