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High-density supply impacts apartment condominium prices
Calgary, Alberta, July 2, 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 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 re
Catherine
Jul 15 min read
Apartment prices ease as inventory remains elevated
Calgary, Alberta, June 1, 2026 – In line with seasonal trends, inventory has risen from the start of the year, reaching 6,752 units in May. While these levels are consistent with last May, they remain 11 per cent higher than longer-term trends for the month, thanks to higher supply levels of apartment and row-style homes. Meanwhile, inventory levels for detached homes are down three per cent compared with both last year and long-term trends. At the same time, sales activity h
Catherine
Jun 15 min read
Balanced conditions in the city, except for apartment-style units
Calgary, Alberta, May 1, 2026 – In line with seasonal expectations, both sales and inventory levels trended up relative to March’s activity. Despite this typical monthly rise, April sales totalled 2,104 units, six per cent lower than levels reported in 2025. “Sales were expected to ease this year as our market transitioned away from strong demand that was driven by previously rapid migration growth. Improved supply choice across the entire housing spectrum has reduced the urg
Catherine
May 15 min read
Trends differ based on property type
Calgary, Alberta, April 1, 2026 – Supply conditions in March varied significantly depending on property type. Inventory levels saw a typical monthly rise, but compared with long-term trends, inventory remained well above the 10-year average for both row and apartment-style units and well below trend for detached homes. This is not a surprise given the pullback in detached housing starts last year despite record-high apartment-style starts. There were 1,881 sales in March, up
Catherine
Apr 15 min read
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