08/06/2026
Alberta Market Update: July
Calgary price declines driven mostly by apartment condominiums:
• 1,904 sales in July; down 9.2% year over year
• New listings reached 3,323; down 15.0% year over year
• Inventory at 6,626 units; 3.48 months of supply
• Benchmark price: $569,200; down 2.0% year over year
• Detached: $743,900 (–1.9% Y/Y) and Apartment: $297,600 (–8.4% Y/Y)
Edmonton activity may have hit a turning point for summer:
• 2,535 sales in July; down 7.6% from June and 11.0% year over year
• New listings reached 4,258; down 1.0% month-over-month, up 0.6% year over year
• Inventory rose 0.9% from June and sits 17.9% higher than July 2025
• Average price: $475,079; down 1.8% from June, up 2.6% year over year
• Benchmark price: $429,100; down 0.3% from June, flat year over year
• Detached averaged $585,726 (–1.3% M/M, +1.2% Y/Y)
What does this mean?
Calgary is giving buyers more choice, especially in apartments and row housing, with months of supply rising and condo prices softening the most. Detached and semi remain closer to balanced.
Edmonton saw a clear summer slowdown in sales and a slight price pullback, but overall values held up better year-over-year than Calgary. Detached homes continue to be the strongest segment, while inventory remains elevated and the market is gradually shifting toward more balance.
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