Calgary Real Estate Market Report, July 2026
Apartment condos led price declines again in July as sales cooled further.
Figures published by CREB on August 4, 2026.
What the numbers say
Calgary saw 1,904 sales in July, down 9 per cent from a year ago, with new listings falling 15 per cent. The benchmark price slipped to $569,200, down about 2 per cent year over year, as apartment prices fell more than 8 per cent while detached prices held up better with a decline of under 2 per cent. Months of supply rose to 3.48 as the market continued to favour buyers in higher-density segments.
“Several consecutive years of high construction levels and the sudden drop in mostly international migration have contributed to the shift in housing market conditions mostly for higher-density homes, a transition that started in the second half of last year. 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.”
By property type
| Type | Benchmark | Year over year | Sales | Months of supply |
|---|---|---|---|---|
| Detached | $743,900 | -1.87% | 1,012 | 2.90 |
| Semi-detached | $691,000 | -0.30% | 198 | 2.89 |
| Row | $418,500 | -6.10% | 286 | 3.90 |
| Apartment | $297,600 | -8.37% | 408 | 4.90 |
All figures on this page are published by CREB and are reproduced here with attribution. Source: CREB market report for July 2026 and the monthly statistics package. Chabi is not affiliated with CREB.