Calgary Real Estate Statistics - July 2026

July 2026 Calgary Real Estate Statistics Recap

Calgary’s housing market continued its seasonal slowdown in July, with 1,904 sales and 3,323 new listings recorded across the city. Sales declined 9% compared to last year, while new listings were down 15% year-over-year. Despite the slowdown in activity, the sales-to-new-listings ratio held steady at 57%, reflecting a market that remains relatively balanced overall. 

“Several years of elevated construction activity, combined with a sharp slowdown in international migration, have shifted housing market conditions—particularly for higher-density homes,” said Ann-Marie Lurie, Chief Economist at CREB®. “While new home construction has begun to slow, more than 17,000 apartment-style homes remain under construction, adding supply to both the rental and condominium markets. This continued increase in inventory is placing downward pressure on prices in the apartment segment.”

Inventory levels remained relatively stable compared to both June and July of last year. However, softer sales activity pushed the months of supply up to 3.5 months citywide, giving buyers more choice across many segments of the market.

Market conditions continue to vary by property type:

• Detached and semi-detached homes: balanced conditions, with supply remaining relatively tight.
• Apartment-style homes: nearly 5 months of supply, continuing to favour buyers.
• Row homes: showing early signs of oversupply as inventory levels continue to build.

The additional supply continues to have the greatest impact on higher-density housing. Calgary’s total residential benchmark price eased to $569,200 in July, down slightly from June and 2% lower than July 2025.

Detached homes have remained relatively resilient, with prices down less than 2% year-over-year, and most of those adjustments occurring in the North East and North districts. Meanwhile, apartment condominiums continue to experience the largest price corrections, with benchmark prices down more than 8% compared to last year as elevated inventory gives buyers significantly more choice.

Overall, Calgary’s housing market remains balanced at the citywide level, but conditions continue to vary by property type. Detached and semi-detached homes are holding relatively steady thanks to tighter supply, while apartment-style homes continue to experience elevated inventory, increased competition, and ongoing downward pressure on prices.