Courtesy of Ryan Torris

SALES AND NEW LISTINGS SLOW IN AUGUST

CALGARY

AIRDRIE

City of Calgary, September 2026 Consistent with trends throughout most of 2026, both sales activity and the number of new listings coming onto the market have continued to trend down compared with 2025 levels. In August, sales in Calgary were 1,660 units, down 16 per cent compared with last year, while new listings fell by nearly 10 per cent to 3,141 units. The pullback in sales has not occurred across all price ranges, as homes priced over $1,000,000 have recorded gains over last year. These gains have mostly been driven by detached and semi-detached homes and are also consistent with where most of the supply growth has occurred. “While sales growth in the upper end of the market was possible thanks to improved supply choice, it also reflects longer-term confidence in our market, as some buyers are not shying away from taking advantage of the available supply,” said Ann-Marie Lurie, Chief Economist at the Calgary Real Estate Board (CREB ® ). “Meanwhile, we have not seen the same pickup in activity in the lower price ranges, as favourable rental conditions are slowing the transition to ownership.” Inventory levels in August eased compared with the previous month and the same period last year, at 6,509 units. However, given the pullback in sales, the months of supply pushed up to nearly four months. Also consistent with trends throughout this year, conditions vary significantly by property type, with nearly six months of supply for apartment-style homes compared with over three months of supply for lower density detached homes. As of August, the total residential benchmark price was $569,800, similar to the previous month and one per cent lower than 2025 levels.

BENCHMARK PRICE Current: $569,800 Last Year:-1.1 %

BENCHMARK PRICE Current: $508,800 Last Year: -4.5%

DAYS ON MARKET

DAYS ON MARKET

46

41

NEW LISTINGS

NEW LISTINGS

3,141

235

ACTIVE LISTINGS

ACTIVE LISTINGS

6,509

517

SOLD LISTINGS

SOLD LISTINGS

1,660

137

Stats Reflective of August 2026 Source: CREB ®

Stats Reflective of August 2026 Source: CREB ®

Market values stated are of the average 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.

Market values stated are of the average of Airdrie. 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.

Source: CREB ®

R yan T orris REALTOR ® - TOP PRODUCER - OWNER Real Estate Agent, 1forAll Charity Contributor 403.710. SOLD (7653) concierge@blackrockre.ca www.blackrockre.ca @blackrockre

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