Courtesy of Doyle & Deborah Hansen

Slow start for high-density homes

$301,200 apartment DOWN 7.7% year-to-year

$724,000 detached DOWN 3.4% year-to-year

BENCHMARK PRICES

$420,800 rowhouse DOWN 5.2% year-to-year

2,785 NEW LISTINGS 1,234 SOLD LISTINGS

detached 1,243 787 apartment detached 657 273 apartment

44.3% SALES TO NEW LISTING RATIO

53 DAYS ON MARKET

3.6 MONTHS OF INVENTORY

4,391 ACTIVE LISTINGS

Calgary, February 2, 2026: Calgary reported 1,234 sales in January, a year-over-year decline of 15 per cent, but in line with typical levels of activity for the month. While sales declined across all property types, the steepest declines occurred in higher-density homes. “Following the typical December slowdown, potential buyers for high-density homes were more hesitant to return to the market in January, as increased supply choice across all aspects of the market has reduced the sense of urgency,” said Ann-Marie Lurie, CREB ® ’s Chief Economist. “At the same time, sellers were quick to bring their listings onto the market, causing the sales-to-new-listings ratio to drop to 44 per cent, mostly due to shifts in apartment and row-style homes. Overall, this is not entirely uncommon for January, as both buyers and sellers weigh their options ahead of the spring market.” The rise in new listings compared to sales caused inventory levels to increase to 4,391 units. However, as with sales, conditions vary by property type, with row and apartment homes facing higher levels of inventory compared to long-term trends. Due to declines in the later part of 2025, benchmark prices are lower than levels reported at the start of last year. However, seasonally adjusted figures point to stable levels in January compared to the end of 2025. Statistics reflect market activity in January 2026 | Source: CREB ® Calgary Real Estate Board. Market values stated are of the benchmark of the city of Calgary. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

Matthew Dekort B.Comm., ABR ® , SRES ® Cell: 403.680.2729 | www.MatthewDekort.com | Matthew@MaxWellExpertsPlus.ca

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