Calgary Housing Market Shows Balanced Conditions as Condo Supply Rises
Calgary’s housing market in February 2026 remained generally balanced, with about three months of supply and a sales-to-new-listings ratio of roughly 55 per cent. A total of 1,526 homes were sold during the month, about 11 per cent fewer than the same time last year, largely due to slower activity in condominium and row-home segments. Inventory climbed to 4,822 homes, with apartments and row homes accounting for more than half of available listings. The benchmark price for all residential properties reached $560,500, slightly higher than January but still lower than a year earlier. 
Market conditions varied by property type. Detached and semi-detached homes remained the tightest segments with less than three months of supply, while row homes moved closer to balanced conditions. Apartment-style condominiums faced the greatest supply pressures, with more than four months of inventory and prices declining compared with both the previous month and the previous year. Limited supply continued to support demand for detached homes priced below $700,000, while buyers had more options in the condominium market due to higher inventory levels.
