08/10/2026
๐ก Calgary Real Estate Snapshot โ July 2026 ๐
๐ Sales Overview:Sales activity slowed in July, with 1,904 residential sales recorded across the cityโdown roughly 9% compared to July 2025 levels. While overall sales reflect a cooling market where buyers have more selection and time, detached and semi-detached homes continued to demonstrate resilience, contrasting with softer demand in the apartment condominium and townhouse segments.
๐ CREBยฎ Market Highlights:โSeveral consecutive years of high construction levels and the sudden drop in mostly international migration have contributed to the shift in housing market conditions mostly for higher-density homes, a transition that started in the second half of last year,โ said Ann-Marie Lurie, Chief Economist at CREBยฎ. Inventory and choice remain strongest in the higher-density sectors, pushing apartments into buyer-favouring territory while lower-density homes stay relatively balanced.
๐ฐ Supply-Demand Dynamics:With new listings dropping nearly 22% year-over-year, the sales-to-new-listings ratio sat at 57%, and overall months of supply rose to 3.5 months. This maintains near-balanced conditions for the broader market, though apartment condominiums continue to experience high supply with roughly 2,000 active units available.
๐ Price Insights:The total residential benchmark price landed at $569,200, down about 2% from July 2025. Detached homes held firm with a benchmark price of $743,900, while apartment condominium benchmark prices eased to $297,600โdown approximately 8% year-over-year due to elevated inventory levels.
๐ For a deeper read and full breakout by product type, head to: REPYYC.CA/JULY2026
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