Calgary Real Estate Market Report - May 2026

As we move toward summer, the spring market has been a mixed bag across Calgary. Some areas have remained very active, while others have seen homes take longer to sell. As always, every neighbourhood and property type is telling its own story, which makes pricing and strategy more important than ever.
I also have a few great opportunities available and coming soon. There is a beautifully updated detached home in New Brighton, a well-maintained condo in Spruce Cliff backing onto the Douglas Fir Trail, and an upcoming move-in ready adult living unit in Country Cove Estates. If you know someone who may be looking in any of these areas, I would be happy to share more information.
Whether you're thinking about buying, selling, or simply have questions about the market, I'm always
happy to help. Wishing you a wonderful rest of June and an enjoyable start to summer!
In line with seasonal trends, inventory has risen from the start of the year, reaching 6,752 units in May. While these levels are consistent with last May, they remain 11 per cent higher than longer-term trends for the month, thanks to higher supply levels of apartment and row-style homes. Meanwhile, inventory levels for detached homes are down three per cent compared with both last year and long-term trends.
At the same time, sales activity has been slowing. Calgary sales in May were 2,162 units, 16 per cent lower than last year’s levels and similar to sales reported in April. While new listings also slowed by 13 per cent compared with last year, it was not enough to offset the pullback in sales, causing the sales-to-new-listings ratio to ease to 51 per cent. The lower ratio also contributed to some of the inventory build, causing the months of supply to rise. However, conditions do vary across the market, with a range of two-and-a-half months of supply in the detached market to more than five months of supply in the apartment condominium market.










