Calgary Real Estate

Calgary Housing Stays Resilient in 2027
Calgary’s housing market continues to demonstrate remarkable resilience as we look toward 2027. MLS sales are projected to reach 26,000—an improvement over the 2026 outlook, though still trailing 2025’s activity. Average home prices are expected to hover near $645,000, holding steady as new construction and increased supply balance out the steady influx of new residents. One notable shift is in rental vacancies, which are forecast at 5.8%. For tenants, this means more options and flexibility than we’ve seen in recent years. With housing starts anticipated around 21,000 units, Calgary remains a leader among Canada’s major cities for residential construction.

Having navigated Calgary’s evolving real estate landscape since 1986, I’ve seen firsthand how adaptability and informed decision-making shape successful moves. Whether you’re buying, selling, or investing, understanding these trends is key to making the most of your next step in our vibrant market.

Calgary Home Buyers Enjoy Lower Prices and More Choices
August brought notable changes to Calgary’s real estate landscape: home sales slid by 16.4%, with 1,660 properties sold, and the benchmark price edged down 1.1% to $569,800 compared to last year. Apartments saw the sharpest decline, dropping 8.2%, followed by row homes at 5.4%, and detached homes at 1.1%, while semi-detached homes experienced a modest 1% gain. New listings and overall inventory also decreased, shaping a market that demands careful navigation. In 38 years helping clients from Calgary to Banff, I’ve seen that every seller and buyer needs a tailored approach—especially when the numbers shift. Whether you’re weighing your next move or simply keeping tabs on the market, I’m committed to providing the insights and support that have earned the trust of so many over the years.

Calgary Sales Slowed, Prices Eased Overall
A closer look at Calgary’s market in Mid-Q3 reveals some interesting shifts. We saw 1,660 sales, marking a drop of around 16% compared to last year. The residential benchmark price settled at $570,000, reflecting a modest overall dip of about 1%. Condo-style homes were at the forefront of this softening: apartment benchmarks came in at $295,000 (down approximately 8% year-over-year), and row homes averaged $415,000 after a 5% annual decline. Detached homes saw their benchmark settle near $744,000 after a slight 1% decrease, while semi-detached homes actually posted a modest gain, holding steady at $691,000.

On the supply side, new listings totaled 3,140—a 10% decline year-over-year—and available inventory reached 6,510 homes, slightly down as well. What’s particularly notable is that improved supply has supported Calgary’s upper price brackets, while favorable rental conditions have made some buyers pause on moving from renting to ownership at the lower end.

Having advised clients through every type of market since 1986, I know how these trends can shape your next move—whether you’re buying, selling, or just keeping an eye on the numbers. Each transaction is unique, and understanding these shifts is key to making confident decisions with your real estate journey.

Calgary - Most Expensive Homes of August 2026
Every month, Calgary’s luxury real estate market paints a fascinating picture—and August 2026 is no exception. Here’s a look at the city’s most exclusive homes currently on the market, with prices ranging from $5,900,000 to an impressive $18,000,000. Each of these listings, from A2334757 at $18,000,000 to A2332901 at $5,900,000, represents a truly unique opportunity for discerning buyers who demand world-class service and value in every transaction.

With decades of expertise and specialized designations in luxury homes, relocation, and country residential real estate, I’m always watching these standout properties for my clients. Every high-end listing is a story waiting to unfold, and navigating these opportunities requires a trusted partner who understands both the numbers and the nuances. If you’re considering a move—whether buying or selling—it’s about finding the right fit and maximizing your value. After all, real estate is always your move, and I’m here to ensure you have every advantage.

Top Earners Unlock Exciting Opportunities in Canada’s Housing Market
It’s no secret that buying your first home in Canada is getting tougher—especially when we look at the numbers. Recent data shows that first-time buyers now need to earn between 13% and 36% more than the median household, with the widest gaps found in B.C. and Nova Scotia. As someone who’s worked with buyers from Calgary to Banff for decades, I see firsthand how these affordability challenges are shaping the decisions families and individuals make. Every transaction is unique, and making the right move requires not just determination, but also tailored strategies and the right support. My approach has always been to combine leading-edge technology with a client-first attitude, so buyers and sellers alike can navigate these shifts with confidence. Whether you’re planning your first purchase or weighing your options, understanding these trends is key to making informed choices in our ever-evolving market.