Market Report · Calgary · August 2026
Calgary Real Estate Market August 2026
The overall benchmark price holds positive ground even as every individual segment softens. July data shows what is driving the gap between the composite number and the segments beneath it.
What is happening in the Calgary market right now?
Calgary’s July 2026 data shows new listings running 4% below the five year average while sales have dropped 16%, pushing inventory up 25% and months of supply up 43%. The benchmark price is $572,900, down 5.92% month over month but up 2.14% year over year. The monthly pullback is the sharpest of the year so far, and it lands while every individual segment is flat or negative on an annual basis: detached is essentially flat at negative 0.04%, apartments are down 1.04%, and attached is down 1.53%. Attached carries the largest supply overhang in the city, with months of supply up 61% from a year ago.
01 Overall Market
A sharp monthly pullback still leaves annual price growth at 2.14%.
July data shows demand cooling faster than supply is clearing. New listings are 4% below the five year July average, while sales are down 16%. Inventory has increased 25%, pushing months of supply up 43%.
The benchmark price is $572,900, down 5.92% month over month but up 2.14% year over year. The monthly drop is the largest single month move in this data set, and it is worth watching alongside next month’s numbers to confirm the trend rather than reacting to one data point.
$572,900
Benchmark price
+2.14%
Year over year
+25%
Inventory change
+43%
Months of supply
02 Detached Homes
The most resilient segment in Calgary as annual prices hold almost perfectly flat.
Detached conditions are softening but remain the steadiest in the city. New listings are in line with the five year July average, while sales are down 8%. Inventory has increased 20%, pushing months of supply up 28%.
The benchmark price is $686,200, down 5.27% month over month and effectively flat year over year at negative 0.04%. Detached remains the closest segment to breakeven, holding its ground while apartments and attached both post larger annual declines.
$686,200
Benchmark price
-0.04%
Year over year
0%
New listings vs avg
-8%
Sales change
03 Apartments
The weakest sales activity in Calgary as months of supply climbs 57%.
Apartment conditions remain the softest by activity. New listings are 13% below the five year July average, while sales have fallen 29%, the largest sales decline of any segment. Inventory has climbed 23%, increasing months of supply by 57%.
The benchmark price is $309,900, down 1.75% month over month and 1.04% year over year. The pullback in both new listings and sales points to buyers and sellers both stepping back from this segment rather than one side overwhelming the other.
$309,900
Benchmark price
-1.04%
Year over year
-13%
New listings vs avg
-29%
Sales change
04 Attached Homes
The largest supply overhang in Calgary as months of supply rises 61%.
The attached segment carries the heaviest inventory build in the city. New listings are 1% below the five year July average, while sales are down 18%. Inventory has surged 39%, pushing months of supply up 61%, the highest of any segment.
The benchmark price is $447,200, down 4.06% month over month and 1.53% year over year, the steepest annual decline of the three Calgary segments. Sellers in this segment are competing against the deepest pool of active listings relative to demand.
$447,200
Benchmark price
-1.53%
Year over year
-1%
New listings vs avg
-18%
Sales change
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Common Questions
Is Calgary currently a buyer’s market or a seller’s market?
Calgary is moving further toward buyer-favourable conditions as of July 2026. Inventory is up 25% and months of supply has risen 43%, while sales are down 16%. The overall benchmark price is still up 2.14% year over year, but every individual segment is flat or negative annually, which points to a market that is cooling faster than the headline number suggests.
What is the benchmark price in Calgary right now?
The overall benchmark price in Calgary is $572,900 as of July 2026, down 5.92% month over month but up 2.14% year over year. By segment: detached homes benchmark at $686,200, apartments at $309,900, and attached homes at $447,200.
Which Calgary property type is under the most pressure right now?
Attached homes carry the largest supply overhang, with months of supply up 61% and the benchmark price down 1.53% year over year, the steepest annual decline of the three segments. Apartments have the weakest sales activity, down 29% from a year ago. Detached is the most resilient, with annual prices essentially flat at negative 0.04%.
Why is the overall benchmark price up when every segment is down?
The overall benchmark is a separate composite calculation, not a simple average of the three segment benchmarks. When the mix of homes selling shifts toward higher priced properties or specific sub-areas within a segment, the composite can move differently than any individual segment. This is a normal feature of benchmark pricing and worth watching over several months rather than reading into a single data point.
Is now a good time to sell in Calgary?
Detached sellers remain in the strongest position, with values essentially flat over the past year despite softer demand. Apartment and attached sellers are competing in segments with rising inventory and negative annual price trends, and attached sellers face the deepest supply overhang in the city. Presentation and pricing accuracy matter more in every segment than they did a year ago. Your free Bōde Homeowner Dashboard tracks your property’s current value and local comparable activity so you can time the market with real data.
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