08/21/2026
Were Calgary home prices up or down in July? Surprisingly, both.
The average residential sale price was up 2.0% from a year ago.
The benchmark price was down 2.1%.
And the median price was almost unchanged.
None of those numbers is wrong—they measure different things.
July also saw a larger share of sales occurring above $1 million, which helps explain why the average sale price could rise even while benchmark prices were declining.
I broke down what the three price measures actually mean and why the distinction matters for Calgary buyers and homeowners:
https://www.braunrealestate.ca/insights/calgary-home-prices-up-2-down-2-july-2026/