Issue · September 2026 · Free to read

The Calgary Housing Brief September 2026

One city, two markets — what the July 2026 numbers did, and what they mean community by community.

The market this month

One city, two markets

The city-wide benchmark sits at $569,200, 2% lower than this time last year, on 1,904 sales. Supply is running at about 3.5 months, which is balanced by the usual measure.

The averages hide a split. Detached homes have held up best at -2% year over year, while apartment condos are -8% — a 6.0-point gap between the two ends of the market. Talking about “the Calgary market” as one thing is not much use when the segments are moving this differently.

Supply is where that shows up. There is nearly three months of detached homes on the market against nearly five months of apartment condos. Where supply is thin, sellers keep the negotiating room; where it is deep, buyers do. That is the whole mechanism, and it is why one number for the city rarely describes anyone's actual situation.

Detached homes$743,900 (-2%)
Semi-detached homes$691,000
Row and townhomes$418,500 (-6%)
Apartment condos$297,600 (-8%)
Benchmark figures are CREB®'s for July 2026. Community medians quoted in this issue are CalgaryListings Group's own analysis of MLS® sales — the two are different measures and are never mixed. How this is calculated.
This month

Back to school, back to market

The first week of September resets the whole city. School routines start, evenings get shorter, and the summer pause on house-hunting quietly ends — buyers who put things off in July are suddenly ready to move before winter.

That makes early fall its own window rather than a slow patch. There is usually less competition on the shelf than in spring, and the people still looking in October are looking for a reason. If you have been waiting for the “right time,” it is worth a conversation now rather than in February.

If school catchment is part of your decision, check the boundary before you fall for a house — Calgary boundaries are redrawn more often than people expect, and the CBE and CCSD maps are the only authority on it.

Around Calgary

What's on this month

Aug 31 – Sep 6Calgary PrideParade and festival across downtown.
Sep 4 – 7Stampeders Labour Day ClassicThe rivalry game, plus the long-weekend slate.
Through SeptemberSpruce MeadowsShow jumping south of the city — a proper Calgary institution.
Sep 11 – 13Alberta Biodiversity FestivalAt the Calgary Zoo, and genuinely good with kids.
For homeowners

September home checklist

Go deeper

The research behind this issue

Calgary Neighbourhood Report · Market statistics · Condo market report · Affordability · All research

Published September 2026. City figures from the CREB® July 2026 release; community figures are CalgaryListings Group analysis of MLS® sales. Event dates were correct at publication — confirm with the organiser. Nothing here is advice about your own property. Methodology.

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What's in it

What the numbers actually did

The month's CREB® benchmark and sales, and our own community-level medians — with the difference between the two spelled out rather than blurred.

Which communities moved

Where days-on-market, inventory and prices shifted most, drawn from the same dataset behind our neighbourhood research. Only where the sample supports it.

Detached vs condo

These two markets routinely move in opposite directions in Calgary. We report them separately, because one city-wide number describes almost nobody.

Where buyers gained or lost leverage

Months of supply by community and property type — the mechanism behind negotiating room, not a vibe about the market.

New research when we publish it

Neighbourhood reports, assessment analysis, affordability and market history — with the methodology attached.

The occasional useful thing

Assessment notices in January. Zoning changes that affect a community's redevelopment. Things worth a homeowner's five minutes.

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