Calgary Real Estate Board Market Report - July 2026: Sales Decline Amid Increased Listings

Calgary Real Estate Board — July 2026

In July 2026, Calgary's real estate market sees a composite benchmark price of $569,200, reflecting a 2.1% decrease year-over-year. Total sales reach 1,904, down 9.2% from the previous year, while new listings increase to 3,323, contributing to a total of 6,626 active listings.

Market Analysis

The Calgary real estate market is currently characterized as a seller's market, with a sales-to-new-listings ratio (SNLR) of 57.3%. Despite this designation, the market is experiencing a notable decline in sales compared to the previous year, with total sales dropping from 2,095 in July 2025 to 1,904 in July 2026. The increase in new listings, which rose from 3,000 in June 2026 to 3,323 in July 2026, indicates that sellers are responding to the market dynamics by listing more properties, yet buyer demand appears to be waning, leading to a months of inventory (MOI) of 3.5.

Property Type Analysis

Currently, specific data on property types such as detached, attached/townhouse, and apartment sales is not available. However, the overall market trend suggests that while the number of active listings is increasing, the decline in sales may affect different property types variably, with potential implications for pricing and demand across the board.

Regional Highlights

Regionally, Calgary continues to see fluctuations in market activity, with the overall number of active listings increasing from 6,799 in June to 6,626 in July. This trend may indicate a shift in buyer preferences or economic factors influencing purchasing decisions, as the market adjusts to changing conditions.

For Buyers

For prospective buyers, the current market conditions present an opportunity to negotiate, given the increase in active listings and the decline in sales. Buyers should consider conducting thorough research on property types and neighborhoods, as well as be prepared to act quickly on desirable listings that may still attract competitive offers.

For Sellers

Sellers are encouraged to price their properties competitively in light of the current market dynamics. With an increase in new listings, it is crucial to ensure that homes stand out through effective marketing strategies and staging, as buyers may have more options to choose from.