Calgary Real Estate Market Report, May 2026
Inventory climbed to a seasonal high in May while sales stayed well below last year.
Figures published by CREB on June 1, 2026.
What the numbers say
Calgary posted 2,162 sales in May, down nearly 16 per cent from last year, while inventory rose to 6,752 units. The benchmark price reached $570,500, up over April but still about 3 per cent below last May, with apartment prices continuing to trend down while detached and semi-detached prices improved through the spring. Months of supply climbed to 3.12 as apartment condominiums alone carried more than five months of supply.
“The shift in supply is being felt in the market. More supply choice in the new and rental markets has created a more competitive environment for potential buyers. At the same time, concerns over rising cost of living and slower migration are also weighing on consumers. While this has caused the overall resale market to shift to a balanced state, the supply pressure is having a more prevalent impact for apartment-style units, where conditions are favouring the buyer. This is also impacting price movements, with apartment prices continuing to trend down and other property types reporting a seasonal lift over the winter months.”
By property type
| Type | Benchmark | Year over year | Sales | Months of supply |
|---|---|---|---|---|
| Detached | $747,800 | -2.41% | 1,192 | 2.45 |
| Semi-detached | $691,100 | -0.96% | 217 | 2.73 |
| Row | $422,300 | -6.43% | 350 | 3.35 |
| Apartment | $300,400 | -9.05% | 403 | 5.14 |
All figures on this page are published by CREB and are reproduced here with attribution. Source: CREB market report for May 2026 and the monthly statistics package. Chabi is not affiliated with CREB.