Calgary Real Estate Market Report, September 2026
September sales were down 4 per cent from last year, with the benchmark price down 1 per cent.
Figures published by CREB on October 1, 2026.
Figures cover the City of Calgary only. CREB reports Airdrie, Cochrane, Okotoks and Chestermere separately.
What the numbers say
Calgary recorded 1,650 sales in September, down 4 per cent from last year. New listings came to 3,354, down 11 per cent from last year. Inventory finished the month at 6,486 units, with 3.93 months of supply. The benchmark price was $566,700, down 1 per cent from last year. Benchmark prices by type: detached $739,400 (down 1 per cent), semi-detached $685,200 (unchanged), row $412,400 (down 6 per cent) and apartment $291,400 (down 8 per cent).
“The variation in market conditions between property types is related to where the supply was added. The construction boom over the past three years was mostly driven by gains in higher-density sectors, significantly increasing the supply of apartment and row-style homes. Meanwhile, detached homes did not see the same boost in construction, preventing broad-based supply growth. Thanks to a stronger job market and slower but positive net migration, housing demand has remained strong enough to absorb some of the supply, but not enough to offset the high-density supply added to the market, resulting in a more significant impact on prices for higher-density homes.”
By property type
| Type | Benchmark | Year over year | Sales | Months of supply |
|---|---|---|---|---|
| Detached | $739,400 | -0.95% | 896 | 3.31 |
| Semi-detached | $685,200 | +0.09% | 163 | 3.67 |
| Row | $412,400 | -5.54% | 248 | 4.45 |
| Apartment | $291,400 | -8.28% | 343 | 5.29 |
All figures on this page are published by CREB and are reproduced here with attribution. Source: CREB market report for September 2026 and the monthly statistics package. Chabi is not affiliated with CREB.
Earlier months
- Calgary market report, August 2026Sales eased again in August while supply held close to last year's level.
- Calgary market report, July 2026Apartment condos led price declines again in July as sales cooled further.
- Calgary market report, June 2026Sales improved over May but stayed below last June as apartment supply weighed on prices.
- Calgary market report, May 2026Inventory climbed to a seasonal high in May while sales stayed well below last year.
- Calgary market report, April 2026Spring activity picked up seasonally in April, but sales stayed below last year's pace.
- Calgary market report, March 2026Detached conditions tightened in March while apartment supply kept prices under pressure.
- Calgary market report, February 2026Detached and semi-detached homes tightened in February while apartments stayed oversupplied.
- Calgary market report, January 2026Sales started the year 15 per cent below last January, led lower by higher-density homes.