CALGARY – Home sales in Calgary fell 3.8 per cent in September compared with the same month last year as prices also ticked lower overall.
The Calgary Real Estate Board says 1,650 homes changed hands last month, as the residential benchmark price fell 0.8 per cent to $566,700.
The board’s chief economist Ann-Marie Lurie says that with a stronger job market and slower but positive net migration, housing demand has remained strong enough to absorb some of Calgary’s supply, but not enough to offset high-density supply that has been added to the market, “resulting in a more significant impact on prices for higher-density homes.”
Apartment-style homes saw a year-over-year price decline of 8.3 per cent to $291,400, and row-style properties were 5.5 per cent less expensive at $412,400.
Detached home prices were down one per cent to $739,400, while semi-detached prices moved 0.1 per cent higher compared with September 2025 to $685,200.
There were 3,354 new listings on the market in September, down 11.3 per cent from a year earlier, while total inventory was 6.3 per cent lower year-over-year to 6,486 homes for sale.
This report by The Canadian Press was first published Oct. 1, 2026.