Courtesy of Johanna Rodriguez

High-density supply impacts apartment condominium prices

$299,000 apartment

$750,500 detached

DOWN 9.0% year-to-year

DOWN 1.4% year-to-year

$424,100 rowhouse

BENCHMARK PRICES

3,899 NEW LISTINGS 2,197 SOLD LISTINGS

detached 1,997 931 apartment detached 1,202 423 apartment

DOWN 5.5% year-to-year

56.4% SALES TO NEW LISTING RATIO

37 DAYS ON MARKET

3.1 MONTHS OF INVENTORY

6,799 ACTIVE LISTINGS

Calgary, AB (July 2026) — June sales in Calgary improved over May, reaching 2,197 units. Despite the monthly gains, sales were nearly four per cent lower than last year. While sales are down across most price ranges so far this year, there have been gains in both the highest price ranges and the most affordable ranges across most property types. “The easing of demand for resale homes does not come as a surprise given the recent decline in migration, which is impacting both rental and ownership demand for higher-density homes. The bigger change in our market relates to inventory, which has been on the rise in the rental, resale and new-home markets following several consecutive years of record-high housing starts,” said Ann-Marie Lurie, Chief Economist at the Calgary Real Estate Board (CREB ® ). The range of conditions is also impacting prices. In June, the unadjusted benchmark price was $572,500, up over the previous month and two per cent below levels reported last June. However, apartment-style properties have reported an annual decline nearing nine per cent, leaving condominium prices in June at $299,000. Meanwhile, the benchmark price for a detached home rose over the previous month, reaching $750,500. Statistics reflect market activity in June 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.

Johanna Rodriguez B. Admin Cell: 403.618.5917 | www.JohaHomes.com | Johanna@MaxWellExpertsPlus.ca

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