Calgary Real Estate Market Report, September 2026

September sales were down 4 per cent from last year, with the benchmark price down 1 per cent.

What the numbers say

Calgary recorded 1,650 sales in September, down 4 per cent from last year. New listings came to 3,354, down 11 per cent from last year. Inventory finished the month at 6,486 units, with 3.93 months of supply. The benchmark price was $566,700, down 1 per cent from last year. Benchmark prices by type: detached $739,400 (down 1 per cent), semi-detached $685,200 (unchanged), row $412,400 (down 6 per cent) and apartment $291,400 (down 8 per cent).

“The variation in market conditions between property types is related to where the supply was added. The construction boom over the past three years was mostly driven by gains in higher-density sectors, significantly increasing the supply of apartment and row-style homes. Meanwhile, detached homes did not see the same boost in construction, preventing broad-based supply growth. Thanks to a stronger job market and slower but positive net migration, housing demand has remained strong enough to absorb some of the supply, but not enough to offset the high-density supply added to the market, resulting in a more significant impact on prices for higher-density homes.”

By property type

All figures on this page are published by CREB and are reproduced here with attribution. Source: CREB market report for September 2026 and the monthly statistics package. Chabi is not affiliated with CREB.