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Calgary Market Insider April 2026

Supply conditions in March varied notably by property type. While inventory levels followed the typical seasonal increase, they remained above the 10-year average for row and apartment-style homes and below long-term norms for detached properties. This trend reflects last year’s slowdown in detached housing starts, contrasted with record-setting construction in the apartment segment.

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Calgary Market Insider March 2026

Calgary continued to see market conditions vary by property type in February. The tightest conditions occurred in detached and semi-detached properties, reporting less than three months of supply. Row homes reported slightly higher supply levels relative to demand but remained relatively balanced. Meanwhile, apartment-style properties are dealing with excess supply, as conditions continue to favour the buyer.

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Calgary Market Insider February 2026

Calgary reported 1,234 sales in January, a year-over-year decline of 15%, but in line with typical levels of activity for the month. While sales declined across all property types, the steepest declines occurred in higher-density homes.

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Calgary Market Insider January 2026

Following several years of strong price growth, 2025 marked a year of transition thanks to strong demand and limited supply. Due to record high starts, supply levels improved across all aspects of the housing market, just as demand pressure eased due to a reduction in migration levels and heightened uncertainty that persisted throughout the spring market. This helped shift the resale market from one that favoured the seller to one that was more balanced. 

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Calgary Market Insider December 2025

In line with typical seasonal trends, sales, new listings and inventory levels all slowed relative to last month. The 1,553 sales were met with 2,251 new listings, causing the sales-to-new-listings levels ratio to improve to 69%. This also helped support some of the inventory adjustment. However, with 5,581 units in inventory, levels are still 28% higher than last year and over 15% higher than typical levels reported in November.

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Calgary Market Insider November 2025

Inventory levels eased over last month thanks to the combined impact of a monthly pullback in new listings and a monthly pick up in sales. With 6,471 units in inventory and 1,885 sales the October months of supply returned to three-and-a-half months after pushing up to four months in September. While both row- and apartment-style properties continue to report elevated supply levels compared to demand, conditions remain relatively balanced for both detached and semi-detached properties. Year-to-date sales in the city totaled 20,082, down nearly 16% compared to last year, but still in line with longer-term trends. Much of the decline in sales has been driven by pullbacks for apartment- and row-style homes.

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Calgary Market Insider October 2025

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% higher than last year and over 17% 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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Calgary Market Insider September 2025

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 4% lower than levels reported last year.

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Calgary Market Insider August 2025

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. 
 
The additional supply has weighed on home prices in some parts of the city. The total residential benchmark price in Calgary has trended down over the past several months and is currently 4% below last year’s peak price reported in June 2024. 

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