Calgary’s housing market stayed in balanced territory through June 2026, but the story continues to split sharply by property type. Detached homes held firm, with parts of the city reaching record prices, while a growing supply of condominium apartments pushed that segment into clear buyer’s market conditions.
For anyone buying or selling this summer, June was less about the overall market and more about which part of it you are in.
Total residential sales reached 2,197 units, down about 4 percent from the same month last year. The pullback reflects a mix of higher borrowing costs, affordability limits, and buyers taking their time now that there is more to choose from.
Even with softer sales, the citywide sales-to-new-listings ratio held at 56 percent and months of supply sat just above three, keeping the market as a whole in balanced conditions.
“Inventory growth has mostly occurred in high-density homes, resulting in buyer’s market conditions and steep price adjustments for condominium apartments,” notes CREB® Chief Economist Ann-Marie Lurie.
| Market Metric | June 2026 | Year-over-Year |
|---|---|---|
| Benchmark Price (Total) | $572,500 | -2.0% |
| Total Sales | 2,197 | -4% |
| Sales-to-New Listings Ratio | 56% | Balanced |
| Months of Supply | Just over 3 months | Balanced |
Detached homes remained the strongest part of the market. Demand stayed steady enough that the City Centre and West districts reached record-high detached prices in June, a reminder that well-located homes continue to hold their value even as the broader market cools.
Semi-detached homes were steady, while row and townhouse prices eased as more supply came online, giving buyers more room to negotiate.
The apartment sector was the clear buyer’s market in June, with elevated inventory and slower absorption. This segment remains the most competitive for sellers, where pricing and presentation play a critical role in achieving results.
For buyers, June was a good month to have options, especially in the condo and townhouse segments where supply has grown and prices have softened. There is room to negotiate and less pressure to move quickly than there was a year ago. Buyers focused on detached homes in sought-after communities should still expect competition, particularly for well-priced, move-in-ready properties.
For sellers, pricing to the current market matters more than it has in a while. Detached homes in strong locations continue to perform, but presentation and realistic pricing are what separate the homes that sell from the ones that sit. In the condo and townhouse space, standing out takes sharper pricing and better marketing.
If you are weighing a move in Calgary’s lake, luxury, or established communities, the right strategy depends heavily on your segment and your neighbourhood. Tessa Blair and the Blair Plus team can give you an honest read on where your specific home or search fits in today’s market. Reach out for a no-pressure conversation.
