2026 Predictions- Calgary Real Estate market

📊 Calgary & Region Housing Market — 2025 Recap

📈 Sales & Listings (2025)

• Total sales: ~22,751 units — down ~16% vs 2024, but near long-term trends.

• New listings: ~40,000 — ~9% higher than 2024 — boosting supply.

🏠 Price Performance (Benchmark)

Benchmark prices softened across many property types in 2025:

• Detached: modest growth in some areas, but citywide often flat to slightly down.

• Row/attached homes: prices moved lower (~–2%) as supply grew.

• Apartment condos: largest adjustment; prices flat to slightly weaker despite higher sales inventory.

📦 Inventory & Balance

• Inventory expanded throughout 2025, improving from lows.

• Overall conditions shifted from seller’s market toward balanced by year-end.

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📊 CREB® 2026 Forecast — Key Projections

🔍 Demand Outlook

• Migration and demand expected to remain stable — no significant rebound in buyer activity.

• Interest rates & jobs expected to be steady — supporting market equilibrium.

🏗️ Supply Trends

• ~26,000 housing units currently under construction will continue entering the market over the next few years.

• Much of this new supply is apartment/rental and higher-density ownership units.

Impact: Continued supply growth and weaker migration are projected to keep inventory elevated, especially in higher-density segments, slowing price growth.

💰 Price Expectations by Property Type (General CREB View)

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📍 Recent Actual Market Data (Supports Forecast)

These real stats from late 2025 help ground the 2026 forecast.

📉 Price & Sales Snapshots (Dec-Nov 2025)

• Benchmark house price: ~$559,000 — ~5% lower YoY.

• Detached avg: ~$733,000 (down ~2% YoY).

• Townhouse avg: ~$424,000 (down ~6%).

• Apartment avg: ~$309,000 (down ~7%).

• Inventory: ~5,581 units — ~28% higher than last year.

• Months of supply: ~3.6 months — indicative of balanced conditions.

📊 Sales Change by Type (2025)

• Apartment sales: –28% YoY.

• Row homes: –17% YoY.

• Semi-detached: –8% YoY.

• Detached homes: –8% YoY.

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📌 Additional Forecast Insights

Market Risks & Upside Variables

• Economic factors such as federal-provincial agreements could boost confidence and employment — potentially supporting demand.

• Conversely, trade negotiations (CUSMA) and weaker energy prices may dampen investment and slow demand further.

Balance, Not Boom

• CREB sees 2026 as a stabilization year rather than breakout growth — balancing inventory with demand and modest price movement overall.

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📊 Quick Stats Snapshot — Calgary Real Estate (2025 & 2026)