Calgary Real Estate Market Report, February 2026
Detached and semi-detached homes tightened in February while apartments stayed oversupplied.
Figures published by CREB on March 2, 2026.
What the numbers say
Calgary logged 1,526 sales in February, an 11 per cent decline from last year, mostly due to a pullback in row and apartment activity. The benchmark price rose to $560,500, up about 1 per cent from January but still 4 per cent below last year. Semi-detached homes had the tightest conditions of any property type at 2.4 months of supply, while apartment condominiums carried more than four months of supply and continued to see the steepest price declines.
“Slowing migration levels are coming at a time when supply for apartment-style homes is rising. Calgary reported record high starts last year, mostly due to gains in apartment starts where there are nearly 18,000 units currently under construction. While a large share of the units is targeted for rental, this also impacts condo ownership markets. Meanwhile, on the opposite end of the spectrum, the detached market remains relatively balanced in the higher price ranges and continues to struggle with limited supply for homes priced below $700,000.”
By property type
| Type | Benchmark | Year over year | Sales | Months of supply |
|---|---|---|---|---|
| Detached | $734,300 | -3.18% | 736 | 2.64 |
| Semi-detached | $682,200 | -0.38% | 175 | 2.37 |
| Row | $423,600 | -4.96% | 270 | 3.29 |
| Apartment | $298,600 | -9.27% | 345 | 4.58 |
All figures on this page are published by CREB and are reproduced here with attribution. Source: CREB market report for February 2026 and the monthly statistics package. Chabi is not affiliated with CREB.