Calgary City Centre Real Estate Market Report – July 2026

The Calgary City Centre real estate market in July 2026 continues to demonstrate varying conditions across property types. Ground-oriented housing remains relatively balanced, with detached, semi-detached, and row homes showing more stable conditions compared to the apartment segment. Apartment-style properties continue to experience elevated inventory levels, longer selling timelines, and increased pricing pressure.

Detached and semi-detached homes continue to demonstrate resilience, supported by steady buyer demand and more balanced supply levels. Row homes have shifted toward a more balanced environment, although buyers continue to have increased choice. Apartments remain the most supply-heavy segment, with higher months of supply and continued downward pressure on benchmark pricing.

Detached Homes

Detached homes in Calgary’s City Centre continued to perform steadily in July 2026. Sales activity increased year-over-year, while inventory remained relatively stable. Benchmark pricing showed modest annual growth, reflecting continued demand for well-positioned properties.

Highest Sale: $4,115,000
Lowest Sale: $385,000

Semi-Detached Homes

Semi-detached homes continue to demonstrate balanced market conditions in Calgary’s City Centre. While sales activity softened slightly month-over-month, annual sales activity and pricing remained relatively stable.

Highest Sale: $1,580,000
Lowest Sale: $453,500

Row Homes

Row homes in Calgary’s City Centre experienced softer sales activity year-over-year, with increased inventory contributing to more balanced market conditions. Benchmark pricing declined compared to July 2025, reflecting increased buyer choice.

Highest Sale: $1,100,000
Lowest Sale: $235,000

Apartment Homes

Apartment-style properties continue to represent the most challenging segment of Calgary’s City Centre market. Although inventory declined slightly year-over-year, elevated supply levels and longer selling timelines continue to create downward pricing pressure.

Highest Sale: $2,055,000
Lowest Sale: $120,000

Calgary City Centre Market Summary

The Calgary City Centre market in July 2026 continues to show clear differences between property types. Detached and semi-detached homes remain the strongest-performing segments, supported by stable pricing, steady demand, and relatively balanced inventory conditions.

Detached homes experienced annual growth in sales activity and modest benchmark price appreciation, while semi-detached homes remained relatively stable despite increased months of supply compared to the previous year.

Row homes continue to move toward a more balanced market environment, although higher inventory levels and softer benchmark pricing indicate increased buyer choice. Sellers need to remain competitive with pricing and presentation to attract buyers.

Apartment-style properties remain the most supply-heavy segment within Calgary’s City Centre market. Despite a slight reduction in inventory, months of supply increased year-over-year, and benchmark pricing declined significantly, reflecting continued market adjustment.

Overall, Calgary’s City Centre market remains segmented, with ground-oriented homes demonstrating greater stability while apartment properties continue to experience elevated supply and pricing challenges.