Five straight months of price gains and the first year-over-year inventory decline since 2024 — the correction has run its course.
In June 2026, Calgary’s benchmark home price was $572,500 — up 0.5% from May, a fifth consecutive monthly gain, and 2.1% below June 2025, the narrowest annual decline in over a year. Sales fell just 3.9% year-over-year to 2,195 while inventory of 6,801 homes was down 2.1% — the first annual decline since 2024. Supply was 3.1 months and a typical home took 37 days to sell. Apartment condos remained the outlier at $299,000, down 9% year-over-year.
June 2026 at a glance
Calgary’s correction has run its course. The benchmark rose 0.5% in June 2026 to $572,500, a fifth consecutive monthly gain, and the annual decline narrowed to 2.1% — the smallest in more than a year. Inventory of 6,801 homes was down 2.1% year-over-year, the first annual decline since 2024, and new listings fell 7.7%. Sales were nearly level with last June. Apartment condos, still down 9% on the year, remain the one segment yet to turn.
Calgary prices over time
| Year | Benchmark price | Change on the year |
|---|---|---|
| 2014 | $459,500 | — |
| 2015 | $448,800 | ▼ -2.3% |
| 2016 | $434,100 | ▼ -3.3% |
| 2017 | $433,200 | ▼ -0.2% |
| 2018 | $424,600 | ▼ -2% |
| 2019 | $415,900 | ▼ -2% |
| 2020 | $421,300 | ▲ +1.3% |
| 2021 | $463,900 | ▲ +10.1% |
| 2022 | $518,800 | ▲ +11.8% |
| 2023 | $565,200 | ▲ +8.9% |
| 2024 | $582,100 | ▲ +3% |
| 2025 | $554,700 | ▼ -4.7% |
| 2026 (to June) | $572,500 | ▲ +3.2% |
Sales, listings and inventory
| Month | Sales | New listings | Inventory | Days on market | Benchmark |
|---|---|---|---|---|---|
| July 2025 | 2,096 | 3,911 | 6,919 | 37 | $581,100 |
| August 2025 | 1,986 | 3,477 | 6,659 | 38 | $576,000 |
| September 2025 | 1,716 | 3,782 | 6,919 | 42 | $571,400 |
| October 2025 | 1,879 | 3,232 | 6,472 | 43 | $566,200 |
| November 2025 | 1,547 | 2,251 | 5,587 | 49 | $559,000 |
| December 2025 | 1,123 | 1,219 | 3,873 | 53 | $554,700 |
| January 2026 | 1,233 | 2,785 | 4,395 | 54 | $553,400 |
| February 2026 | 1,523 | 2,766 | 4,829 | 42 | $559,400 |
| March 2026 | 1,877 | 3,408 | 5,404 | 35 | $564,500 |
| April 2026 | 2,101 | 3,828 | 5,974 | 35 | $567,700 |
| May 2026 | 2,158 | 4,225 | 6,755 | 34 | $569,400 |
| June 2026 | 2,195 | 3,899 | 6,801 | 37 | $572,500 |
The headline numbers
| Metric | June 2026 | vs prev month | vs last year |
|---|---|---|---|
| Benchmark price | $572,500 | ▲ +0.5% | ▼ -2.1% |
| Sales | 2,195 | ▲ +1.7% | ▼ -3.9% |
| New listings | 3,899 | ▼ -7.7% | ▼ -7.7% |
| Inventory | 6,801 | ▲ +0.7% | ▼ -2.1% |
| Days on market | 37 | ▲ +3 days | ▲ +4 days |
A look by property type
| Property type | Benchmark | vs last year | Sales | Days on mkt | Months of supply |
|---|---|---|---|---|---|
| Detached | $750,500 | ▼ -1.4% | 1,201 | 31 | 2.5 |
| Semi-detached | $694,600 | ▲ +0.2% | 234 | 36 | 2.5 |
| Row / townhouse | $424,100 | ▼ -5.5% | 338 | 41 | 3.4 |
| Apartment condo | $299,000 | ▼ -9% | 422 | 49 | 4.9 |
Every indicator has stabilised
Prices up five months running. Sales down only 3.9% year-over-year against declines of 15% to 22% through 2025. Inventory down 2.1% year-over-year after two years of increases. Supply steady at 3.1 months.
That is a market in balance rather than one in recovery or decline. From the June 2024 peak of $605,300 to the January 2026 low of $553,400 was a fall of 8.6% over nineteen months; the benchmark has since regained about 3.5% of it.
Supply has turned the corner
Inventory falling year-over-year for the first time since 2024 is the most forward-looking number in this report. New listings were down 7.7% and have now fallen year-over-year in four of the past five months.
Calgary’s history in this data is clear about what happens next if that continues. The city has repeatedly gone from adequate supply to acute shortage within two or three quarters, because it has no cushion — most recently between mid-2023 and April 2024, when supply went from 1.4 months to 0.9.
Condos remain the exception, and the opportunity
Apartment condos at $299,000 were down 9% year-over-year with 3.4 months of supply for row homes and 4.9 for apartments. Detached homes were down just 1.4% to $750,500 and semi-detached actually rose 0.2%.
The condo benchmark has now fallen for about two years and sits roughly 12.4% below its August 2024 peak. Whether that is a bottom or a continuation depends largely on how quickly the remaining new-build supply is absorbed.
What this meant if you were buying
For most buyers, the period of clear advantage has passed. At 3.1 months of supply with prices rising and listings falling, waiting for a better entry point is now a bet against the trend rather than with it.
The exception remains condos and, to a lesser extent, townhouses. If that is what you’re buying, the conditions are still favourable — but the city-wide numbers suggest that window is more likely to narrow than widen. The practical step either way is to establish exactly what you qualify for now, so that a decision to act is available when you want it.
Frequently asked questions
The window is closing on the easy market.
Prices rising, listings falling. Knowing your number now keeps the decision in your hands. Let’s sort it.
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Source: CREB, June 2026 (City of Calgary geography). Prices shown are benchmark (HPI) values. Month-over-month compares to the prior month; year-over-year to the same month last year. The board may revise past months as late sales are recorded. Prepared by Mortgages for Less.
