Calgary real estate statistics 2026.

1. Benchmark prices · September 2026

City of Calgary benchmark prices for the newest month CREB has reported, for all homes and for each of the four property types it tracks.

Benchmark price · all residential CREB

$566,700 Down 0.82% from September 2025, down 0.54% from the month before. The benchmark is CREB's price for a typical home, tracked so that a change in the mix of homes sold does not move it.

Benchmark price · detached CREB

$739,400 Down 0.95% from September 2025, down 0.66% from the month before.

Benchmark price · semi-detached CREB

$685,200 Up 0.09% from September 2025, down 0.77% from the month before.

Benchmark price · row / townhouse CREB

$412,400 Down 5.54% from September 2025, down 0.67% from the month before.

Benchmark price · apartment condo CREB

$291,400 Down 8.28% from September 2025, down 1.35% from the month before.

2. Supply & demand · September 2026

How much is for sale against how much is selling. These are the figures that move price.

Months of supply · all residential CREB

3.93 months 6,486 homes for sale at month end against 1,650 sales in the month. Below 2 months favours sellers, 2 to 4 is balanced, and above 4 favours buyers.

Months of supply · by property type CREB

Detached 3.31 · Semi-detached 3.67 · Row 4.45 · Apartment 5.29 Inventory over sales for each property type. The spread between them is why one citywide number rarely describes a seller's own market.

Sales · all residential CREB

1,650 Down 3.85% from September 2025.

New listings · all residential CREB

3,354 Down 11.32% from September 2025.

Inventory · all residential CREB

6,486 Down 6.26% from September 2025. Homes for sale at the end of the month.

Sales-to-new-listings ratio CREB

49.2% Sales as a share of new listings in the month. Above 60% is a tight market, and below 40% favours buyers.

Days on market · all residential CREB

44 days Average days from listing to sale. By type: Detached 38, Semi-detached 43, Row 50, Apartment 55.

3. The year so far

The newest month set against the year it belongs to.

Sales · January to September 2026 CREB

16,291 Against 18,194 over the same months a year earlier, down 10.46%.

Share of sales by property type · September 2026 CREB

Detached 54.3% · Semi-detached 9.9% · Row 15% · Apartment 20.8% What buyers actually bought in the month, as a share of all sales.

4. Full years, 2016 to 2025

City of Calgary, all residential property types, as reported in CREB's year-end statistics packages.

CREB rebuilt its benchmark model in 2022 and restated 2021 onward. Benchmarks before 2021 are as CREB published them on the earlier model, so they are not directly comparable with later years. Each year's change is CREB's own figure, taken from a single statistics package.

5. Financing & mortgage (2026)

The federal rules that set what a Calgary buyer can borrow. Lender rates change daily and are not listed here; a licensed mortgage broker will quote today's.

Bank of Canada policy interest rate Bank of Canada

2.25% The Bank of Canada's target for the overnight rate as of October 8, 2026. Prime at the major banks sits 2.20 points above it, at 4.45%, and variable mortgage rates are priced off prime.

Mortgage stress test qualifying rate (2026) OSFI / CMHC

Contract rate + 2.0% (min. 5.25%) All Canadian mortgage applicants must qualify at the higher of their actual contract rate plus 2.0 percentage points, or the regulatory floor of 5.25%. A buyer obtaining a 4.49% 5-year fixed must demonstrate they can afford payments at 6.49%. The stress test applies to insured and conventional mortgages at federally regulated lenders.

CMHC premium · 5% to 9.99% down payment CMHC

4.00% of insured loan amount On a $600,000 purchase with 5% down ($30,000), the CMHC premium is 4.00% × $570,000 = $22,800, added to the mortgage. Alberta does not levy PST on CMHC premiums (saving ~$1,800 vs. Ontario). The premium amortizes over the mortgage term and adds a modest amount to monthly payments.

CMHC premium · 10% to 14.99% down payment CMHC

3.10% of insured loan amount Increasing the down payment from 5% to 10% on a $600,000 purchase reduces the CMHC premium from ~$22,800 to ~$16,740 (3.10% × $540,000), a saving of $6,060 in premium, plus interest saved over the amortization. A meaningful incentive to save an additional 5% down if feasible.

CMHC premium · 15% to 19.99% down payment CMHC

2.80% of insured loan amount On a $600,000 purchase with 15% down ($90,000), the CMHC premium is 2.80% × $510,000 = $14,280. At 20% down, no CMHC premium applies at all. The marginal return from saving from 15% to 20%, eliminating the premium entirely, is often the most financially compelling down payment threshold.

Insured mortgage price cap (December 15, 2024 onward) Department of Finance Canada / CMHC

Below $1,500,000 On December 15, 2024, the federal government raised the price cap for insured mortgages from $1 million to $1.5 million. Calgary buyers in the $1M–$1.5M detached range can now use insured financing with about 7.5% to 8.3% down (5% of the first $500,000 and 10% of the rest) instead of 20%. On a $1.2 million purchase the minimum fell from $240,000 to $95,000. First-time buyers and buyers of new builds can also take a 30-year insured amortization.