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Market report · May 2026

Calgary housing market: May 2026

The benchmark sale price in Calgary in May 2026 was $569,400, down 3.2% year over year. 2,158 homes sold against 4,225 new listings — 3.1 months of supply, a balanced market.

Benchmark price
$569,400
▼ -3.2% year over year
Homes sold
2,158
▼ -15.7% year over year
New listings
4,225
▼ -12.7% year over year
Inventory
6,755
▲ +0.2% year over year
Months of supply
3.1
balanced market
Sales to new listings
—
of new listings sold

What happened in May 2026

Calgary recorded 2,158 sales in May 2026, 15.7% fewer than the same month a year earlier. Sellers brought 4,225 new listings to market, leaving 6,755 properties in inventory — 0.2% more than a year ago. At the month's pace of sales that is 3.1 months of supply, which puts Calgary in a balanced market.

The benchmark price across all property types was $569,400, down 3.2% year over year and up 0.3% on the month. By property type, semi-detached homes were the strongest year over year at -0.9%, and apartment the weakest at -9.1%.

The two years to May 2026

$560k$573k$586k$599kJun 24Nov 24Apr 25Sep 25Feb 26May 26

By property type

TypeBenchmark priceYoYSoldNew listingsInventoryMonths of supply
Detached$747,800-2.4%1,1902,1942,9172.5
Semi-detached$688,000-0.9%2163735922.7
Row / townhouse$422,900-6.4%3506971,1743.4
Apartment$300,400-9.1%4029612,0725.2
All types$569,400-3.2%2,1584,2256,7553.1

Source: the Calgary Real Estate Board, Calgary, May 2026.

What this means for your mortgage

Market conditions shape the negotiation; your income, debts and the stress test decide what you can actually borrow. If you're planning a purchase in Calgary, get the financing settled first — run your numbers, check today's rates, or start an application and we'll tell you exactly where you stand.

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