Calgary Real Estate Market Update – October 15, 2026

Calgary’s market is showing a little more balance this fall. September sales were softer than last year, while inventory remained elevated, giving buyers more choice, especially in the apartment and row-home segments. For detached homes, conditions remained comparatively balanced. [1]

– **September sales:** 1,649 homes sold in Calgary, down 3.9% from September 2025. [3]
– **September new listings:** 3,359 new listings, down 11.2% year over year. [3]
– **Active inventory:** 6,501 homes were available, down 6.1% from September 2025. [3]
– **Benchmark price:** The September 2026 residential benchmark price was $566,700, down 0.8% from September 2025. [1][3]
– **Detached homes:** September detached sales reached 896, more than 4% higher than September 2025, with a benchmark price of approximately $685,200. [1]
– **Apartment homes:** The September benchmark price was $291,400, down more than 8% year over year as buyers gained more negotiating room. [1]
– **Mortgage rates:** The Bank of Canada’s posted five-year conventional mortgage rate was 6.19% on October 14, 2026, while the posted prime rate was 4.45%. [9]
– **Housing supply:** CMHC reported that Calgary’s housing supply gap narrowed as construction outpaced demand, although housing starts declined by more than 20% in the first half of 2026. [10]

For buyers and families, this is a market where preparation matters more than panic. Detached homes in desirable areas can still attract strong interest, but apartment and row-home buyers may have more room to negotiate, especially when a property has been sitting longer.

For sellers, pricing accurately is key. The days of testing the market with an ambitious price and waiting for multiple offers are not the same across every property type, location, or price range. Every home has its own story, parang people, and strategy should match the season.

For Buyers or Investors: **Book your Consultation** – https://calendly.com/sellwithariell/buyer-consult

Call or text 587-510-2008, or email ariell@sellwithariell.com

Sources:

CMHC – https://www.cmhc-schl.gc.ca

CREB / CREA – https://www.creb.com

Bank of Canada – https://www.bankofcanada.ca

RBC Economics – https://economics.rbc.com

City of Calgary – https://www.calgary.ca

“Today’s date is 2026-10-15T16:06:23.285-06:00. Only use Calgary or Alberta data and reports published within the past 15 days.”