06/02/2026
• M A R K E T U P D A T E •
Calgary’s housing market is seeing a continued increase in inventory, particularly in the apartment and row housing segments. Inventory reached 6,752 units in May, remaining in line with last year but sitting above long-term averages due to higher supply levels. Detached home inventory, however, remains more limited and below historical norms.
Sales activity has moderated, with May sales down 16% compared to last year. While new listings also declined, the slowdown in sales has contributed to a more balanced market overall and an increase in months of supply. Market conditions vary by property type, with detached homes maintaining relatively tighter conditions while apartment condominiums are experiencing more buyer-friendly dynamics.
The growing supply of apartment-style homes, combined with increased competition from new construction and rental options, has placed downward pressure on condo prices. While detached home prices have continued to show seasonal strength and modest gains since the beginning of the year, apartment prices remain below both January levels and last year's peak. Overall, Calgary's residential benchmark price remains relatively stable, as gains in the detached market continue to offset softness in the condominium sector.
Questions? Let's chat real estate!
Ben Knopp
Charles - Real Estate
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📱403-870-1393
📧 [email protected]
🖥 www.BenKnopp.com
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#2026
