Calgary Affordability Improved | Professional Real Estate Agent Since 1978

After more than four decades helping Calgarians navigate our real estate market, I’ve seen plenty of cycles—but the most recent numbers on housing affordability here in Calgary are truly noteworthy. During Q2 2026, Calgary was one of just six metropolitan areas in the latest monitor to record improved affordability, marking an impressive 10th consecutive quarter of gains. That’s a streak we haven’t seen before, showing the direction is positive—even as the report points out that, across all metros tracked, we’re still not back to historical norms. This recent progress came as price declines managed to offset slightly higher mortgage rates, reversing the earlier trend where rate changes were the primary driver. Looking ahead, the banks aren’t expecting much relief from mortgage rates, so steady income growth and modest home price changes will be key. As someone who’s watched these shifts up close for over 40 years, I know how important it is to stay informed and adaptable as our market evolves.