New infills wrap up the Spring selling season with a steady finish.
Single-family new infills posted 36 sales in June, up from 32 last month and on par with 36 in June of last year.
Single-family new infill inventory has eased slightly to 182 active listings for sale from 183 active listings recorded last month, and is also slightly down from the 185 active listings recorded at this time last year.
New infill townhomes posted 3 sales in June, down from the 5 sales recorded last month and from the 5 sales recorded in June of last year.
New infill townhome inventory dropped considerably to 30 active units for sale, down from 41 active units recorded last month; however, it is still up from the 24 active units listed for sale at this time last year.
With the Calgary Stampede about to ramp up, we expect listing and sales activity to ease as Calgarians divert their attention towards other summer activities.
CALGARY MARKET UPDATE (CREB)
Calgary, Alberta, July 2, 2026 – June sales in Calgary improved over May, reaching 2,197 units. Despite the monthly gains, sales were nearly 4% lower than last year and just below the long-term average for June, largely due to pullbacks in apartment-style units. While sales are down across most price ranges so far this year, there have been gains in both the highest and most affordable price ranges across most property types.
“The easing of demand for resale homes does not come as a surprise given the recent decline in migration, which is impacting both rental and ownership demand for higher-density homes. The bigger change in our market relates to inventory, which has been on the rise in the rental, resale and new-home markets following several consecutive years of record-high housing starts,” said Ann-Marie Lurie, Chief Economist at the Calgary Real Estate Board (CREB®). “Inventory growth has mostly occurred in high-density homes, resulting in buyer’s market conditions and steep price adjustments for condominium apartments. While it will take time to absorb the high-density supply, detached supply growth has been limited and some districts are reporting record-high prices.”
New listings are starting to pull back compared with 2025 and the sales-to-new-listings ratio rose to 56%. This has slowed the pace of inventory growth in the market and kept the months of supply at just over three months. This is considered a balanced range in the city, but conditions vary across property types. The apartment condominium sector is experiencing buyer’s market conditions, with the months of supply at nearly five months and a sales-to-new-listings ratio of 45%.
The range of conditions is also impacting prices. In June, the unadjusted benchmark price was $572,500, up over the previous month and 2% below levels reported last June. However, apartment-style properties have reported an annual decline nearing 9%, leaving condominium prices in June at $299,000. Meanwhile, the benchmark price for a detached home rose over the previous month, reaching $750,500, 1% below last year’s level, with most of the adjustments driven by specific pockets of the market.