08/11/2026
🏘️ Market Update: Calgary Real Estate Snapshot | July 2026
Calgary is navigating a slower market as we move into the second half of the year. Market activity eased in July with declines in both sales and new listings compared to June.
Total inventory is relatively stable, but slower sales volume has pushed the overall months of supply to 3.5 months. Conditions remain largely balanced in the detached and semi-detached sectors, but the market continues to favor buyers for higher-density properties.
The main driver of recent price declines is the apartment condominium market, which is experiencing a stepper price adjustment of over 8%. 📉
Here are some key figures from July:
📊 MARKET AT A GLANCE
• Unadjusted Residential Benchmark Price: $569,200
• Sales: 1,904
• New Listings: 3,323
• Condominium Price Decline: > 8%
• Detached Price Decline: < 2%
CREB® Chief Economist, Ann-Marie Lurie, notes that oversupply in higher-density sectors continues to weigh on the market: “While new home construction is slowing, there are over 17,000 apartment-style units under construction. This continues to weigh on rental and higher-density properties, driving price adjustments.”
Despite these adjustments, overall demand remains stronger than it was during challenging market conditions from 2015-2019. Buyers across the housing spectrum now have significantly more choice than in previous months. 🔑
For a deeper dive into what these numbers mean for you—whether you're buying or selling—reach out to a MaxWell Capital Realty professional today.