Calgary's Housing Market Shows Measured Moderation in Q1 2026
What does Calgary's housing market look like in 2026? In the first quarter of 2026, Calgary's aggregate home price reached approximately $689,000, reflecting a yearly decrease of less than 1%, indicating a trend of moderation rather than a significant downturn. Detached homes in Calgary experienced a slight increase in values of less than 1% annually, driven by tight supply and strong competition among buyers for limited listings. In contrast, Calgary's condo market saw a softer performance due to an increase in inventory and improved rental availability, providing buyers with more options and the opportunity to negotiate before making decisions. The key takeaway from Calgary's market in Q1 2026 is the contrasting dynamics: while detached home buyers faced limited choices and ongoing competition, condo buyers enjoyed increased negotiating power amid a more favorable inventory situation.
Understanding these trends in Calgary's housing market can help you navigate your buying or investing decisions effectively.
For expert insights on the Calgary real estate market, connect with Conrad Aglah, realtor at URBAN Real Estate Services Ltd.