Calgary, Alberta, September 1, 2026 – Consistent with trends throughout most of 2026, both sales activity and the number of new listings coming onto the market have continued to trend down compared with 2025 levels. In August, sales in Calgary were 1,660 units, down 16 per cent compared with last year, while new listings fell by nearly 10 per cent to 3,141 units.

The pullback in sales has not occurred across all price ranges, as homes priced over $1,000,000 have recorded gains over last year. These gains have mostly been driven by detached and semi-detached homes and are also consistent with where most of the supply growth has occurred.

“While sales growth in the upper end of the market was possible thanks to improved supply choice, it also reflects longer-term confidence in our market, as some buyers are not shying away from taking advantage of the available supply,” said Ann-Marie Lurie, Chief Economist at the Calgary Real Estate Board (CREB®). “Meanwhile, we have not seen the same pickup in activity in the lower price ranges, as favourable rental conditions are slowing the transition to ownership.”

Inventory levels in August eased compared with the previous month and the same period last year, at 6,509 units. However, given the pullback in sales, the months of supply pushed up to nearly four months. Also consistent with trends throughout this year, conditions vary significantly by property type, with nearly six months of supply for apartment-style homes compared with over three months of supply for lower-density detached homes.

The relatively balanced conditions in the detached and semi-detached sector have prevented any significant shifts in prices compared with the steady price declines occurring in the oversupplied higher-density segments of the market. As of August, the total residential benchmark price was $569,800, similar to the previous month and one per cent lower than 2025 levels.  

Detached

Gains in higher-priced sales were not enough to offset the pullbacks occurring for homes priced below $1,000,000, as sales fell by 12 per cent to 875 units. At the same time, new listings trended down compared with both July and August 2025 levels, reaching 1,635 units. The steeper decline in sales compared with inventory levels was enough to support a modest monthly gain in inventory levels and drove up the months of supply to over three months. Market balance varies significantly based on price range and location. The months of supply remain below three months in the North West, West, South and South East districts, and above four months in the North and North East districts. The wide range of market balance is also reflected in pricing. Year-over-year gains of over two per cent have occurred in the West and City Centre districts. Meanwhile, price declines were the steepest in the North East at over six per cent. Overall, the benchmark price in August was $744,300, similar to July and down by one per cent compared with last year.

Semi-Detached

Easing sales in August were enough to push year-to-date sales down to 1,516 units, over two per cent lower than last year’s levels. The easing of August sales was not matched by new listings, causing the sales-to-new-listings ratio to fall to 56 per cent. While inventories eased slightly compared with the previous month, they remain nearly five per cent higher than last year. The steeper monthly pullback in sales compared with inventories was enough to push the months of supply above three months, the first time this has happened since January. Despite the shift, conditions remain relatively balanced, and prices have been relatively stable. As of August, the unadjusted benchmark price was $690,500, similar to the previous month and nearly one per cent higher than last year's levels. Price gains in the City Centre, North West and West districts offset pullbacks in other areas, contributing to the annual gain.

Row

Sales continued to ease in August compared with last year, contributing to the year-to-date pullback of 15 per cent. Additional new-home supply, along with more rental product availability, has contributed to some of the pullback in sales activity. Meanwhile, the pullback in new listings has helped prevent any further gains in inventory levels, and the months of supply remained near four months for the second month in a row. Like other sectors, conditions vary depending on location. The months of supply pushed above four months in the City Centre, North East and North districts, while remaining near three months in the West district. Prices have been easing across all districts in the city. The range of decline varied from over 12 per cent in the North East to just over one per cent in the North West district. As of August, the benchmark price was $415,200, down nearly one per cent from July and five per cent lower than levels reported last year at this time.

Apartment Condominium

Apartment-style homes continue to face the most oversupply in the market, with nearly six months of resale supply. More rental supply is weighing on ownership demand from both first-time buyers and investors, which is slowing sales activity while supply levels remain elevated. In August, sales activity continued to fall, contributing to the year-to-date decline of 26 per cent. New listings have also been declining enough to prevent any further inventory gain, but not enough to help the market shift away from buyer-market conditions. Persistently high supply levels relative to demand have weighed on apartment-style prices for the past two years. As of August, the unadjusted benchmark price was $295,400, nearly one per cent lower than the previous month and eight per cent lower than 2025 levels. Prices peaked in August 2024 at $341,300 and currently sit nearly 13 per cent lower than the peak price. 

REGIONAL MARKET FACTS

Airdrie

Sales continued to trend down in August, contributing to the year-to-date decline of 13 per cent. Easing sales have also been met with a seven per cent pullback in new listings over the same period. Throughout most of the year, inventory levels have generally trended higher than last year’s levels and longer-term trends. Over the past few months, we have started to see the pullback in new listings relative to sales cause the sales-to-new-listings ratio to rise, and this has helped prevent any further inventory gains and kept the months of supply below four months. Nonetheless, pressure from competing markets continues to weigh on resale prices. As of August, the unadjusted total residential benchmark price was $508,800, down one per cent from July and over four per cent compared with last year at this time. Steeper price declines are occurring for higher-density apartment-style homes.  
 

Cochrane

Sales improved in August, contributing to the year-to-date gain of over five per cent. Much of the gain in sales has been driven by semi-detached activity. New listings also improved in August compared with last year. The 148 new listings and 94 sales caused the sales-to-new-listings ratio to push above 60 per cent, and inventories edged down compared with the previous month. The boost in sales in August compared with inventory levels caused the months of supply to drop back down to just over three months. Nonetheless, prices still trended down in August. The unadjusted total residential benchmark price eased by nearly one per cent compared with July and is two per cent lower than levels reported last year.  
 

Okotoks

Further declines in new listings likely limited sales activity in August, as the sales-to-new-listings ratio remained elevated at 81 per cent. This contributed to the monthly pullback in inventories, keeping conditions relatively tight with just over two months of supply. Okotoks has struggled with lower-than-average supply levels since 2021, but additional supply choice in competing markets is helping prevent further upward pressure on prices. As of August, the unadjusted total residential benchmark price was $608,400, over one per cent lower compared with July and nearly two per cent lower than last year's levels.
 

Chestermere

The pullback in sales continues to outpace the declines in new listings, as the sales-to-new-listings ratio dropped below 30 per cent in August. This has contributed to elevated inventory levels. While Chestermere is growing, the higher inventory, combined with the pullback in sales, has caused the months of supply to rise, reaching nine months in August. This has continued to weigh on prices, which trended down in August compared with July and currently sit over one per cent lower than 2025 levels.   

There are certain smells that instantly take you back to a place.

For me, it's fresh basil, vine-ripened tomatoes, and lemons.

Ever since our trip to Italy last year, that combination has reminded me of wandering through little markets, stopping at cafés, and realizing that some of the best meals we had were also the simplest. Fresh ingredients, good olive oil, and food meant to be shared.

Now that my own basil and tomato plants are finally producing, I find myself thinking about that trip every time I step onto the deck to pick a handful of herbs or a few ripe tomatoes from my planter box.

This recipe is inspired by exactly that. It's simple, fresh, and one of my favourite appetizers to put out when friends stop by on a warm summer evening.

Whipped Feta Dip with Garden Tomatoes & Basil

Ingredients

For the whipped feta

• 200 g block feta cheese

• ½ cup plain Greek yogurt

• 1 tbsp olive oil

• Juice of ½ lemon

• Fresh cracked pepper

For the topping

• 1 cup cherry tomatoes

• 1 tbsp olive oil

• Handful of fresh basil, torn

• Hot honey, for drizzling

• Flaky sea salt

• Fresh cracked pepper

For serving

• Crostini

• Warm pita

• Crackers

• Fresh vegetables

Directions

1. Toss the cherry tomatoes with olive oil and roast at 400°F for 20 minutes, until soft and lightly blistered.

2. While the tomatoes cook, blend the feta, Greek yogurt, olive oil, lemon juice, and pepper until smooth and creamy.

3. Spread the whipped feta onto a shallow serving plate.

4. Spoon the warm roasted tomatoes over top.

5. Finish with torn basil, a drizzle of hot honey, flaky sea salt, and fresh cracked pepper.

6. Serve immediately with crostini, pita, crackers, or fresh vegetables.

HOME | Around the Kitchen Island

There’s something about summer in Calgary that makes us want to spend as much time outside as possible. The long evenings, warm sunshine, and (mostly) beautiful weather mean our backyards become an extension of our homes.

When people imagine the perfect backyard, they often think it needs a complete renovation. But the truth is, the best outdoor spaces aren't always the biggest or the most expensive. They're the ones that actually get used.

Here are a few of my favourite outdoor spaces that Calgary families seem to enjoy most every summer.

A Patio Made for Morning Coffee

Whether it's a front porch with a couple of Adirondack chairs or a small patio tucked into the backyard, having a quiet place to enjoy your morning coffee can become part of your daily routine. Sometimes it's the simplest spaces that get used the most.

A Deck That Brings Everyone Together

If the kitchen is the heart of the home, the deck becomes its summer version.

It's where dinners stretch a little longer, neighbours stop by unexpectedly, and kids wander in and out between backyard games. You don't need an elaborate outdoor kitchen—a comfortable seating area and a place to gather is often all it takes.

Fire Tables That Keep the Night Going

One of my favourite additions to any backyard is a fire table.

They're clean, easy to use, and instantly make people want to stay outside just a little longer. Whether you're catching up with friends or roasting marshmallows with the kids, they create one of those spaces everyone naturally gravitates toward.

Pergolas That Add Comfort (and Character)

A pergola does more than make a backyard look beautiful.

It creates shade during the hottest part of the day, defines an outdoor room, and gives you the perfect place to hang string lights or climbing plants. It turns a patio into a destination.

A Reading Corner That's Just for You

Not every outdoor space needs to entertain a crowd.

A comfortable chair, a side table, a good book, and a few flowers can become your favourite place to escape for twenty minutes after work. Sometimes that's all you need.

Outdoor Dining That Feels Like Summer

There's something special about eating outside.

It doesn't matter whether it's burgers on a Tuesday night or a family barbecue on the weekend. Sharing a meal outdoors somehow slows life down and makes ordinary evenings feel like little celebrations.

It's Less About the Backyard… and More About the Memories

The outdoor spaces we remember most aren't usually the ones with the biggest budgets. They're the ones where birthdays were celebrated, late-night conversations happened, kids played until the streetlights came on, and summer simply felt a little slower.

That's what makes a house feel like home.

Around the Kitchen Island: Whether you're dreaming about creating your own backyard retreat or you're already enjoying one this summer, remember that the best spaces are the ones that fit the way you live—not the latest trend.

SELLERS | Around the Kitchen Island 

One of my favourite things about summer showings is that buyers aren't just looking at a house—they're imagining their life there.

They're picturing coffee on the deck, kids playing in the backyard, evening barbecues, and quiet nights under the patio lights. Summer has a way of turning buyers into daydreamers, which also means they're noticing things they probably wouldn't in the middle of winter.

Outdoor Space Matters

In July, your outdoor spaces become an extension of your home.

A tidy lawn, healthy gardens, clean patio furniture, and a welcoming deck all help buyers picture themselves enjoying the space. You don't need a magazine-worthy backyard—you simply want it to feel cared for and inviting.

If you have an evening showing, turning on your outdoor lights can make the space feel even more welcoming.

Comfort Counts

Nothing distracts buyers faster than walking into a hot house.

If you have air conditioning, make sure it's running before the showing. If you don't, close the blinds during the hottest part of the day and use fans to keep the home comfortable.

While they're inside, buyers are also paying attention to natural light, where the sun hits throughout the day, and whether there are shady spots to enjoy outside. These little details help them imagine what everyday life could look like.

Let Summer Tell the Story

Every season highlights something different about a home, and summer is all about lifestyle.

If your flowers are blooming, let them shine. If your herb garden is thriving, leave it looking its best. Set out a few cushions on the patio furniture and let buyers see how the space is meant to be enjoyed.

You're not just selling a house—you're helping buyers picture the memories they'll make there.

Around the Kitchen Island

We spend so much of our summer outdoors. Morning coffee on the deck, dinners with friends, backyard games, gardening, and those evenings that seem to last forever.

When buyers walk through your home this time of year, they're looking for a place where those moments can happen. Helping them picture that lifestyle is one of the simplest—and most effective—things you can do before a summer showing.

If you've spent any time with me lately, you've probably heard me talk about English gardens.

What started as a few plants here and there has quickly turned into a bit of an obsession. Every time I open Pinterest, visit a garden centre, or walk through an established neighbourhood, I'm looking for ideas and imagining what my own garden could become.

What I love most about an English garden is the balance it strikes between structure and softness. At first glance, they can look almost wild, with flowers spilling over pathways and plants weaving together as though they've simply found their own place to grow. But underneath that relaxed appearance is thoughtful design. Every pathway, shrub, and perennial has a purpose, even if it doesn't immediately reveal itself.

To me, that's what makes them so beautiful. They don't feel overly planned or perfectly manicured. Instead, they feel as though they've evolved over time, growing a little fuller and more beautiful with each passing season.

I also love the elements that seem to get better with age. Weathered stone planters, aged garden gates, rusty trellises, and antique bird baths all develop character as the years pass. Unlike so many things that are replaced the moment they show wear, these pieces become part of the garden's story. The fading paint, the patina, and the imperfections are exactly what make them appealing.

It's never just about the plants, either.

Some of my favourite English gardens include the little details that invite you to slow down and stay awhile. String lights draped through trees, bird feeders attracting visitors throughout the day, climbing vines winding their way over an archway, and quiet corners that feel tucked away from the rest of the world all add to the feeling that the garden is meant to be experienced, not simply admired.

Lately, I've been searching for the perfect spot to place a bench in my own garden. Not because I need another place to sit, but because every English garden seems to have that one destination, a place that encourages you to pause for a few minutes with your morning coffee, a good book, or to watch the kids play with the soccer ball in the yard.

Maybe that's what I love most about these gardens. They aren't created overnight, and they're never truly finished. They change with the seasons, grow a little differently every year, and continually evolve into something more interesting than what was originally planned.

Much like a home, the beauty isn't found in perfection. It's found in the layers, the memories, and the life that unfolds there over time.

Erika

HOME | Around the Kitchen Island (4)

After another long Calgary winter, there’s something special about that first evening spent outside.

The BBQ is finally uncovered. The patio furniture comes out of storage. The evenings stretch a little longer. Suddenly, the backyard becomes the place everyone wants to be.

Tomorrow is Canada Day, and in true Calgary fashion, the forecast is looking… hopeful with a side of “maybe keep an eye on the sky.” Mostly cloudy, around 20 degrees, and a possible afternoon thunderstorm.

So basically, summer.

It’s still the perfect excuse to spend a little time getting your outdoor space ready. Not because it has to be perfect, but because it’s about to become your favourite “room” of the house for the next few months.

For me, the best outdoor spaces aren’t the fanciest ones. They’re the ones that make you lose track of time.

The Ultimate Summer Backyard Checklist

☐ Comfortable seating that invites people to stay awhile
Pretty is nice. Comfortable is better. If people can settle in, they will.

☐ Twinkle lights overhead
Nothing makes a backyard feel more magical than twinkle lights once the sun goes down.

☐ An amazing deck with incredible plants
A great deck becomes even better with lush planters, colourful flowers, herbs by the BBQ, and greenery that makes the whole space feel alive.

☐ A BBQ that’s ready to go
Because summer dinners should be easy, casual, and ideally eaten outside.

☐ Backyard games for everyone
Cornhole, ladder golf, bocce, giant Jenga, or whatever gets people laughing and off their phones.

☐ A cozy backup plan for Calgary weather
Blankets, a covered spot, an umbrella, or somewhere to run if the clouds decide to be dramatic.

☐ A backyard movie setup
A projector, a screen, lawn chairs, blankets, popcorn, and friends gathered under the stars. One of the best summer traditions.

☐ Lighting, warmth, and somewhere to linger after dark
Lanterns, candles, a fire table, or extra blankets can stretch the evening a little longer.

☐ Good people and nowhere else to be
The most important part. The furniture, flowers, and lights are just the backdrop.

It’s Not About Perfection

You don’t need brand-new furniture or a magazine-worthy backyard.

A few fresh cushions. Healthy plants. Twinkle lights overhead. A clean BBQ. A good outdoor rug. Maybe a basket of blankets by the door for those cooler Calgary evenings.

The goal isn’t to impress people.

It’s to create a space where your family lingers after dinner, neighbours stop by unexpectedly, kids make memories, and summer somehow feels just a little longer.

Tomorrow, people all over Calgary will be celebrating Canada Day in parks, at festivals, around campfires, and in backyards just like yours. And whether the sun shines all day or the clouds roll in for a classic Calgary surprise, summer is officially here.

We wait all year for these few precious months.

We might as well make every evening outside count.

See you around the kitchen island (… or maybe the backyard fire table…)

Erika