Calgary Housing Market Update – February 2026

Detached homes tighten while apartments face growing supply

Calgary’s housing market continues to move in different directions depending on property type.

In February, detached and semi-detached homes remained the tightest segments of the market, with less than three months of supply. Row homes moved closer to balanced conditions. Meanwhile, apartment-style condominiums continue to face oversupply, keeping conditions firmly in buyers’ territory.

Citywide, the market remains relatively balanced overall, with three months of supply and a sales-to-new-listings ratio of 55 per cent. Inventory reached 4,822 units, with row and apartment homes accounting for more than half of all available listings.…

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Calgary Housing Market Update – January 2026

A Cautious Start to the Year

January opened with typical seasonal conditions across Calgary’s housing market, as both buyers and sellers took a measured approach ahead of the spring market. While overall sales declined year-over-year, activity levels remained in line with long-term January norms, and the market continues to reflect the broader shift toward balance that began in the second half of 2025.

Calgary recorded 1,234 sales in January, down 15% from last year, with the steepest declines seen in higher-density housing. At the same time, sellers were quicker to list, pushing the sales-to-new-listings ratio down to 44% and lifting inventory to 4,391 units, the highest January level since 2020.

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Calgary Housing Market Update – December 2025

A Year-End Shift Toward Balance

As we close out 2025, Calgary’s housing market has clearly transitioned into more balanced conditions after several years of strong seller-driven activity. While sales slowed compared to last year, rising supply throughout the year helped ease pressure on prices and competition, particularly in higher-density housing.

Inventory improved across all segments in 2025, supported by record-high housing starts and increased new listings. At the same time, demand moderated due to slower migration growth and ongoing economic uncertainty earlier in the year. Together, these factors helped move the resale market into balance by the second half of the year.

According to …

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Calgary Housing Market Update – November 2025

Market Balances Heading Into Winter

As we move into the winter months, Calgary’s housing market is showing more balanced conditions across most segments. Seasonal slowdowns in sales and listings are in line with expectations, but inventory levels remain elevated—28% higher than last year and about 15% higher than typical for this time of year.

According to Ann-Marie Lurie, CREB® Chief Economist, higher supply has been driven mainly by row and apartment-style homes, with some of this additional stock coming from the new homes sector. Detached and semi-detached properties, however, remain in more balanced territory.

Overall, the benchmark price across all property types was $559,000, down nearly …

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October 2025 CREB® Market Report: A-shift toward balanced terrain

As we move into late 2025, the Calgary-region housing market is showing clearer evidence of a transition. According to the CREB®’s October stats package, a growing supply of homes, slower demand in certain segments and nuanced price shifts are reshaping the playing field. CREB+2Facebook+2

Key numbers & what they mean

  • Sales for October reached ~1,012 detached units — an improvement from September, but still about 5% lower than October of last year. CREB

  • The city-wide benchmark price for all residential types in Calgary was ~$568,000, down nearly 1% from the prior month and about 4% lower than a year ago. CREB

  • Inventory is building, especially in…

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Calgary Real Estate Market Update — September 2025

More homes. More choice. More opportunity.

The Calgary housing market experienced a noticeable shift in September 2025 — and it’s creating strategic opportunities for both buyers and sellers this fall.

Inventory Levels Are Rising

Nearly 3,800 new listings hit the market in September, while just over 1,700 homes sold. That’s a 36% increase in inventory compared to last year, marking one of the most balanced fall markets we’ve seen in years.

This increase is giving buyers more selection and easing the competitive conditions that have dominated Calgary real estate in recent years. Instead of multiple-offer situations and rushed decisions, buyers now have the space to be strategic — and…

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Calgary Housing Market Update – August 2025

Calgary’s housing market is shifting as more supply enters the market, giving buyers greater choice and easing the pressure seen in recent years.

  • Benchmark Price: Fell to $577,200, down nearly 4% from last year.

  • Sales: 1,989 homes sold in August, about 9% lower than 2024 but still above long-term averages.

  • Inventory: Climbed to 6,661 units, the highest August level since 2019.

  • Months of Supply: Rose to 3.4 months, moving conditions toward balance compared to the seller’s market of the past four years.

Price declines have been most noticeable in apartment and row-style homes, while detached and semi-detached properties have seen only modest changes—some even…

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 Calgary Market Update – July 2025

July saw inventory levels rise to 6,917 units — the highest we’ve seen since before the pandemic and well above long-term averages. Much of this growth is coming from Calgary’s newer communities, with supply increases seen across all property types and districts.

This boost in inventory is starting to put pressure on prices in some areas. The city’s total residential benchmark price has been trending down for several months and now sits about 4% below the peak recorded in June 2024. That said, price changes are not uniform. Detached and semi-detached homes remain relatively stable, while the steepest adjustments are happening in the apartment and row housing segments — especially in the North East and North…

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Inventory levels in June continued to rise, both over last month and last year’s levels. By the end of the month inventory reached 6,941 units, returning to levels reported in 2021, or prior to the surge in population growth. While sales have remained consistent with long-term trends despite a decline from recent months, higher levels of new listings compared to sales have contributed to the inventory gain.

All property types have reported gains in inventory, but both row and apartment style homes reported inventory levels over 30 per cent higher than long term trends, while supply for detached and semi-detached units are only slightly higher than typical levels. “Supply has improved across rental, resale and new home markets, allowing for more…

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May 2025 - Calgary and Area Real Estate Stats 

 

Residential sales in Calgary dropped 17% compared to May 2024, driven mainly by a slowdown in apartment and condo activity. Despite the dip, May saw 2,568 sales—still 11% above the long-term average and an improvement over April.

New listings continue to climb, boosting inventory. However, similar increases in sales helped keep months of supply steady at 2.6—signalling a more balanced market.

According to Ann-Marie Lurie, CREB® Chief Economist, Calgary’s shift toward balance contrasts with other major cities where markets were already under pressure before recent economic uncertainty. Locally, this shift is easing price pressure.

Inventory gains have created a split market: some segments face…

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