09/09/2026
August Real Estate Numbers at a Glance
Calgary's housing market recorded 1,660 sales in August, 16% fewer than last year, as new listings declined nearly 10% to 3,141. Inventory stood at 6,509 units, down from the previous month and the same period last year, but the drop in sales pushed months of supply to nearly four. The total residential benchmark price was $569,800, holding close to July and sitting 1% below 2025 levels.
There continues to be a clear divide between lower- and higher-density housing. Detached homes have over three months of supply and relatively balanced conditions, while semi-detached homes are also seeing balanced market conditions. Apartment-style homes have nearly six months of supply, contributing to steady price declines in that segment. Row and townhome properties are also experiencing the impact of increased high-density supply. Meanwhile, the upper end of the market is showing strength, with homes over $1 million recording sales gains, primarily among detached and semi-detached properties.