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June 2026 | Housing Stats

High-density supply impacts apartment condominium prices

June sales in Calgary improved over May, reaching 2,197 units. Despite the monthly gains, sales were nearly four percent lower than last year and just below the long-term average for June, largely due to pullbacks in apartment-style units. While sales are down across most price ranges so far this year, there have been gains in both the highest price ranges and the most affordable ranges across most property types.

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March 2026 | Housing Stats

Trends differ based on property type

Supply conditions in March varied significantly depending on property type. Inventory levels saw a typical monthly rise, but compared with long-term trends, inventory remained well above the 10-year average for both row and apartment-style units and well below trend for detached homes. This is not a surprise given the pullback in detached housing starts last year despite record-high apartment-style starts. There were 1,881 sales in March, up from the previous month, but still 13 percent lower than levels reported last year and below long-term trends for March. The decline in sales is mostly due to pullbacks in apartment-style activity, where increased supply choice and slower migration is spreading demand across a wider range of supply. Meanwhile, detached sales have also slowed compared to long-term trends, likely due to limited supply choice in some city districts.

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Calgary Inner-City Infill Market Outlook for 2026

What the CREB Forecast Actually Means on the Ground

If you’ve been following headlines abouthe Calgary real estate market, you’ve probably seen a lot of mixed messaging.

Some say the market is slowing. Others say it’s holding steady. Most don’t explain the where or the why. So, let’s talk specifically about inner-city Calgary and infill homes, because that’s where the nuance is in 2026.

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September 2025 | Housing Stats

A boost in new listings drives further inventory gains and price adjustments

The 1,720 sales in September were not high enough to offset the 3,782 new listings coming onto the market, driving further inventory gains as we move into the fall.

There were 6,916 units in inventory in September, 36 percent higher than last year and over 17 percent higher than levels traditionally reported in September. Both row and apartment style homes have reported the largest boost in supply compared to long-term trends.

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August 2025 | Housing Stats

PRICE DECLINES MOSTLY DRIVEN BY HIGHER DENSITY HOME TYPES

Improving supply choice has changed the dynamics of the Calgary market, driving price declines over the past several months.

Higher price adjustments are occurring for apartment and row-style properties, while detached and semi-detached properties have reported modest declines. As of August, the unadjusted total residential benchmark price was $577,200, down over last month and nearly four per cent lower than levels reported last year.

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July 2025 | Housing Stats

SUPPLY GROWTH WEIGHS ON HOME PRICES

Thanks to gains mostly occurring in the newer communities, inventory levels in July were 6,917 units, reaching levels not seen since prior to the pandemic and higher than long-term trends. While supply has improved across all property types and all districts, the largest gains are occurring in the areas where there has been new community growth.

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May 2025 | Housing Stats

PRICE ADJUSTMENTS MOSTLY DRIVEN BY APARTMENT AND ROW STYLE HOMES

Thanks to steep pullbacks in the apartment condominium sector, total residential sales in Calgary eased by 17 per cent compared to May of last year. While the drop does seem significant, the 2,568 sales this month remain 11 per cent higher than long-term trends for May and improved over last month.

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