Local Housing Market Shifts
Calgary's real estate market is experiencing significant changes across multiple property types, with new construction slowing while resale inventory increases. Prices are adjusting downward in several sectors, particularly detached homes and apartments, as supply pressures mount against softening demand.
Calgary housing starts fall 20% as rental construction dominates local market
Construction shifts toward purpose-built rentals while detached-home sales slide, threatening future homeownership supply despite gains...
SE Calgary home prices trailing assessed values by 3.3 per cent this quarter
Calgary's house prices fall as Okotoks and High River lead regional slide
Benchmark prices dropped 1.8% year-over-year in Okotoks to $608,400 in August, with detached homes falling even steeper across the region.
Calgary home sales fall 16% in August as prices decline across most property types
Only 1,660 homes changed hands last month, with the benchmark price dropping to $569,800. Apartment-style homes saw the steepest decline...
Calgary homes selling below list price
Some Calgary homes getting harder to sell and finance
New multi-family sales in Calgary hit lowest levels since 2022 as market cools
Just 641 apartment and townhome sales occurred in the second quarter of 2026, down 23% year-over-year, with outer south Calgary...
Home sales drop 9% in July amid condo oversupply
Housing starts in Calgary fall dramatically mid-year
Calgary's home construction slowing — but builders say supply still can't catch demand
New home starts in Alberta dropped 21% in the first half of 2026, yet developers argue the market remains undersupplied after years of...
Calgary resale market weakens as oversupply pressures housing prices downward
Calgary's resale real estate market saw prices fall nearly two percent in June as apartment oversupply and too few buyers weaken the market.
Calgary apartment prices drop 9 percent as inventory surges and demand softens
June benchmark price fell to $299,000, the steepest decline across all housing types in the city, according to the Calgary Real Estate Board.
