As we move through summer, many are asking if now’s a good time to buy or sell in Calgary. Based on the latest insights from the Calgary Real Estate Board (CREB) and CMHC, the answer is yes—there are still strong opportunities on both sides of the market.
CREB reports that active listings have reached their highest level since 2021, with over 6,900 homes currently on the market. The biggest growth has been in apartments and row homes, offering buyers more selection and negotiation room. While the overall benchmark price has dipped about 3% year-over-year, detached and semi-detached homes remain stable and in demand.
CMHC forecasts continued price growth for detached-style homes through the fall, while condos may remain under pressure due to rising supply. More rental units have also softened the rental market, encouraging some renters to make the leap to homeownership.
If you’re selling, now is a great time to take advantage of motivated buyers, especially in the detached segment. If you’re buying, this increased inventory gives you more choice and negotiating power. With interest rates remaining stable, it’s also a good moment to consider locking in a mortgage or exploring a refinance.
The summer market is active, and I’m here to help you make the most of it. Whether you’re looking to move, invest, or just need advice, feel free to reach out—I’d be happy to help.
