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Market Report  ·  Calgary  ·  June 2026

Calgary Real Estate Market June 2026

Inventory builds further as demand stays soft. May data shows what is shifting beneath a headline price that still looks positive.

What is happening in the Calgary market right now?

Calgary’s May 2026 data shows new listings running 1% below the five year average while sales have dropped 23%, pushing inventory up 33% and months of supply up 63%. The benchmark price is $573,000, up 2.12% month over month and 2.53% year over year. The composite headline remains positive, but detached and attached are both in negative or near-zero annual territory, and apartments remain essentially flat — the overall figure is holding on sales mix, not broad-based price strength.

01 Overall Market

Inventory builds further as demand stays soft, but prices edge higher.

May data shows stable listing activity alongside continued demand weakness. New listings are 1% below the five year May average, while sales are down 23%. Inventory has increased 33%, pushing months of supply up 63%.

The benchmark price is $573,000, rising 2.12% month over month and 2.53% year over year. Price growth at the overall level remains positive despite the supply buildup, suggesting the broader market is absorbing conditions without significant seller capitulation — though segment-level data tells a more nuanced story.

$573,000

Benchmark price

+2.53%

Year over year

+33%

Inventory change

+63%

Months of supply

Calgary new listings May 2026 Calgary sales May 2026 Calgary inventory May 2026 Calgary months of supply May 2026 Calgary all residential prices May 2026

02 Detached Homes

Above-average listings meet softer demand as annual prices slip marginally negative.

Detached conditions show a reversal in listing flow alongside sustained demand softness. New listings are 3% above the five year May average, while sales are down 14%. Inventory has risen 26%, increasing months of supply by 44%.

The benchmark price is $687,500, up 1.69% month over month but down 0.31% year over year. Detached remains the most resilient Calgary segment on a price basis, though the annual figure has now turned marginally negative and above-average listing activity is adding to the competitive environment.

$687,500

Benchmark price

-0.31%

Year over year

+3%

New listings vs avg

-14%

Sales change

Calgary detached new listings May 2026 Calgary detached sales May 2026 Calgary detached inventory May 2026 Calgary detached months of supply May 2026 Calgary detached prices May 2026

03 Apartments

The sharpest imbalance in the Calgary market as sales collapse and months of supply surges past 90%.

Apartment conditions continue to show the sharpest imbalance of any Calgary segment. New listings are 11% below the five year May average, while sales have dropped 40%. Inventory has climbed 33%, pushing months of supply up 91%.

The benchmark price is $312,300, up 0.55% month over month and 0.05% year over year — essentially flat on both measures. The near-zero annual figure is a marginal improvement over recent months, but months of supply at 91% above average confirms structural demand weakness has not resolved.

$312,300

Benchmark price

+0.05%

Year over year

-11%

New listings vs avg

-40%

Sales change

Calgary apartment new listings May 2026 Calgary apartment sales May 2026 Calgary apartment inventory May 2026 Calgary apartment months of supply May 2026 Calgary apartment prices May 2026

04 Attached Homes

Supply growth continues to outpace demand as both monthly and annual prices turn negative.

The attached segment faces the most acute supply pressure of any Calgary property type. New listings are 2% above the five year May average, while sales are down 23%. Inventory has surged 47%, pushing months of supply up 80%.

The benchmark price is $449,500, down 2.71% month over month and 2.49% year over year. Both the monthly and annual price measures are now negative, and with inventory at its highest relative level of any segment, competitive conditions for attached sellers are not easing.

$449,500

Benchmark price

-2.49%

Year over year

+2%

New listings vs avg

-23%

Sales change

Calgary attached new listings May 2026 Calgary attached sales May 2026 Calgary attached inventory May 2026 Calgary attached months of supply May 2026 Calgary attached prices May 2026

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Common Questions

Is Calgary currently a buyer’s market or a seller’s market?

Calgary is moving toward buyer-favourable conditions as of May 2026. Inventory is up 33% and months of supply has risen 63%, giving buyers considerably more leverage than a year ago. The overall benchmark remains positive year over year, but all three segments are in negative or near-zero annual territory at the product level.

What is the benchmark price in Calgary right now?

The overall benchmark price in Calgary is $573,000 as of May 2026, up 2.12% month over month and 2.53% year over year. Detached homes benchmark at $687,500, apartments at $312,300, and attached homes at $449,500.

Why is the overall price positive when individual segments are negative or flat?

The overall benchmark is a composite that blends all property types weighted by transaction volume. When the mix of sales in a given month skews toward higher-priced categories, the composite can remain positive even as individual segment benchmarks decline. The segment figures are the more accurate signal for buyers and sellers evaluating specific property types.

Which Calgary property type is under the most pressure right now?

Apartments face the sharpest supply-demand imbalance, with sales down 40% and months of supply up 91%, though prices have stabilised near flat year over year. Attached homes carry the steepest price declines at 2.49% annually and 2.71% monthly, with inventory up 47%. Detached is the most resilient by price, though it too has turned marginally negative at 0.31% year over year.

Is now a good time to sell in Calgary?

It depends heavily on your property type. Detached sellers face only modest annual price softness and remain in the strongest relative position. Attached and apartment sellers are competing in segments with elevated inventory and pricing under pressure. Your free Bode Homeowner Dashboard tracks your property’s current value and local comparable activity continuously so you can make a well-timed decision.

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