Awe 🥰, I am so super grateful for your feedback and five star testimonial, it means the world to me to assist my clients in achieving their real estate goals and pride myself on being both proactive and responsive, experience has taught me that ultimately makes the process as trouble free as possible.
If you or anyone you know is searching for help navigating Calgary’s ever changing market, reach out if I can help.
Sales and new listings slow in August, 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.
The relatively balanced conditions in the detached and semi-detached sector have prevented any significant shifts in prices compared with the steady price declines occurring in the oversupplied higher-density segments of the market. As of August, the total residential benchmark price was $569,800, similar to the previous month and one per cent lower than 2025 levels.
Do you need help navigating Calgary's ever changing market, reach out for help! Experience matters.
🎉 Awe, thank so much Peter! I appreciate the acknowledgement and it was my honour to help you and your family achieve their real estate goal of selling your family home. Springbank in a unique area and experience matters in getting the job done.
If you need help achieving your real estate goals, reach out!
🎉 Huge Congratulations to my lucky buyer of this fabulous property in St. Andrew's Heights.
If you are considering a home search and I can help, reach out!
Huge thanks to my clients and the trust and confidence placed in me to help reach their real estate goals, I don’t take that lightly. Ranked #7 in a very competitive market is huge and congratulations to the C21 Bamber Realty team. 🎉
Price declines driven mostly by apartment condominiums, as we move into the second half of the year, it is not a surprise to see slower market activity. In July, both sales and new listings eased over June levels, declining to 1,904 sales and 3,323 new listings.
Sales were nine per cent lower than last year’s levels, while new listings were 15 per cent lower. The adjustment in both sales and new listings caused little change in the sales-to-new-listings ratio, which sat at 57 per cent.
In July, the unadjusted total residential benchmark price was $569,200, down slightly over June and two per cent lower than levels reported last year. The persistent oversupply of apartment condos is contributing to a steeper price decline of over eight per cent. Meanwhile, at the other end of the spectrum, detached prices have eased by under two per cent compared to last year, mostly driven by adjustments in the NE and North Districts.
“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,” said Ann-Marie Lurie, Chief Economist at the Calgary Real Estate Board (CREB®). “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.”
While demand has slowed this year, levels remain stronger than those reported during the challenging market conditions experienced from 2015 to 2019. What has shifted significantly is the additional supply choice across the housing spectrum. Total resale inventory levels remained relatively stable compared to both June and July 2025. However, the slower July sales pushed the months of supply up to three and a half months. While the months of supply is rising across all property types, conditions remain mostly balanced in the detached and semi-detached sectors. In the higher-density sectors, the market continues to favour the buyer for apartment-style homes with nearly five months of supply, while row is experiencing some signs of oversupply.
Need help navigating Calgary's ever changing real estate market? Reach out if I can help.
I am beyond grateful for the trust of my clients! 😊 Helping a family achieve their complicated real estate goals is so rewarding. I take great pride in helping clients juggling the purchase of their new home and the successful sale of their previous home and all while they are living and working during the marketing process. I try to make it as seamless and stress free as possible.
If you need help navigating Calgary’s ever changing real estate market, reach out.
Awe, seriously blushing 😊 working with amazing clients and helping them achieve their real estate goals are what makes my career so rewarding!
If you need help navigating Calgary's ever changing market, reach out.
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🏡 JUST LISTED Brand New Unit
💰 $514,000!!!!
📍 #2417, 2117 81 Street SW
🛏️ 2 Bedrooms 🛁 2 Bathrooms
#️⃣ MLS A2325451
🔥 Priced to SELL!
Live in style at the Whitney in Springbank Hill near Aspen Landing
This brand-new, top-floor corner condo offers the perfect blend of modern design, functionality, and convenience, just steps from Aspen Landing’s 50+ shops and services, close to the C-Train and transit, and minutes from 17th Ave SW and downtown. The Madison floor plan features two spacious bedrooms, each with an ensuite, and a bright open concept living area that flows seamlessly to a covered balcony with glass railings, providing park views. The chef-inspired kitchen boasts Samsung stainless-steel appliances, a quartz island with eating bar, and soft-close cabinetry, while practical features include air conditioning, in-floor heating, in-suite washer/dryer, indoor parking (#29) with extra storage, and a private locker (#18) Extensive fire suppression system located throughout the building including the balconies, closets and attic area with Premium sound attenuation assemblies. With 946 sq. ft. (architectural) /871 sq. ft. (RMS), this home combines style, comfort, and convenience, with walking paths, shops, and restaurants just steps away, offering the ideal mix of city living and natural beauty. Move in ready.
High-density supply impacts apartment condominium prices, in 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 and just below the long-term average for June, largely due to pullbacks in apartment-style units. 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®). “Inventory growth has mostly occurred in high-density homes, resulting in buyer’s market conditions and steep price adjustments for condominium apartments. While it will take time to absorb the high-density supply, detached supply growth has been limited and some districts are reporting record-high prices.”
New listings are starting to pull back compared with 2025 and the sales-to-new-listings ratio rose to 56 per cent. This has slowed the pace of inventory growth in the market and kept the months of supply at just over three months. This is considered a balanced range in the city, but conditions vary across property types. The apartment condominium sector is experiencing buyer’s market conditions, with the months of supply at nearly five months and a sales-to-new-listings ratio of 45 per cent.
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, one per cent below last year’s level, with most of the adjustments driven by specific pockets of the market.
Does this impact your decision to buy or sell? Reach out for help navigating Calgary's ever changing market place.
🏡 JUST LISTED Brand New Unit
💰 $514,000!!!!
📍 #2417, 2117 81 Street SW
🛏️ 2 Bedrooms 🛁 2 Bathrooms
#️⃣ MLS A2325451
🔥 Priced to SELL!
Live in style at the Whitney in Springbank Hill near Aspen Landing
Welcome to The Whitney in Springbank Hill! This brand-new, top-floor corner condo offers the perfect blend of modern design, functionality, and convenience, just steps from Aspen Landing’s 50+ shops and services, close to the C-Train and transit, and minutes from 17th Ave SW and downtown. The Madison floor plan features two spacious bedrooms, each with an ensuite, and a bright open concept living area that flows seamlessly to a covered balcony with glass railings, providing park views. The chef-inspired kitchen boasts Samsung stainless-steel appliances, a quartz island with eating bar, and soft-close cabinetry, while practical features include air conditioning, in-floor heating, in-suite washer/dryer, indoor parking (#29) with extra storage, and a private locker (#18) Extensive fire suppression system located throughout the building including the balconies, closets and attic area with Premium sound attenuation assemblies. With 946 sq. ft. (architectural) /871 sq. ft. (RMS), this home combines style, comfort, and convenience, with walking paths, shops, and restaurants just steps away, offering the ideal mix of city living and natural beauty. Move in ready.
🎉 Just Sold 🎉
📍 1508 Windsor Street SW
💰 Offered at $1,300,000
🏡 62x120 foot lot in St. Andrew's Heights
# MLS A2321260
This rare location backs onto Andrew Park in the sought after community of St. Andrew's Heights, an inner-city location that sets it apart from others with convenience, location, parks! Minutes from the University of Calgary, Foothills Medical Centre and Hospital and McMahon Stadium. This home sits on a generous 62' x 120' gently sloped lot with mature landscaping and a fully fenced private east facing back yard. Inside, a bright open floor plan showcases gleaming hardwood through the kitchen with stainless appliances, dining and living areas, with two spacious bedrooms on the main level, 4-piece bathroom. The fully finished lower level adds a spacious recreation room, laundry, 3-piece bathroom and a private primary retreat complete with walk-in closet. Major components are already handled: new furnace (2025), air conditioner and hot water tank (2021), and shingles (2016) — move in with confidence. The standout is a huge detached double garage with a 2023 studio with in-floor heat, featuring 10-foot ceilings, in-floor heating on its own boiler system, and framing already in place for a garage door into the studio, ideal as a workshop, home gym. With an attached single front drive garage, dedicated office with storage, oversized deck, and concrete parking pad round out a property that rarely comes available in this tightly held community. Homes backing onto the park in St. Andrew's Heights don't last long.