After more than four decades helping Calgarians navigate our ever-changing real estate landscape, I’ve seen my share of market shifts—and 2026 is shaping up to be another interesting chapter. In the third quarter, Calgary’s average home price edged down by 0.5% to $690,400. Single-family homes had a minor dip of 0.1%, while condos took a more noticeable 3.8% drop, mostly due to an oversupply. Slower immigration and economic uncertainty are certainly playing a role in dampening demand. Still, it’s worth noting that experts anticipate a 1.5% price increase by the end of the year. As someone who’s watched the ups and downs (and now, the impact of technology and social trends), I’m always keen to help clients and colleagues make sense of these numbers and what they mean for your next move.
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