Single-family new infills recorded strong sales during the month of September, while new infill townhome sales remain steady.
Single-family new infills posted 29 sales during the month of September, up from the 22 sales posted in August, and substantially improved from the 14 sales posted in September of last year. Year to date, single-family new infill sales total 262, up 3.1% from last year.
Single-family new infill inventory increased in September, up to 207 active listings, compared to 198 active listings recorded last month and 193 active listing recorded at this time last year.
New infill townhomes posted 3 sales in September, on-par with the 3 sales recorded last month but down slightly from the 4 sales recorded in September of last year. Year to date, new infill townhome sales total 36, down 18.2% from last year.
New infill townhome inventory remains relatively stable, at 30 active listings for sale, compared to 29 active listings recorded last month, and 30 active listings recorded at this time last year.
With interest rates starting to rise, and expected to continue to do so over the coming weeks, downward pressure on both the general market as well as new infill markets is expected to occur due to eroding affordability for home buyers.
CALGARY MARKET UPDATE (CREB)
Detached home sales improve in September
Calgary, Alberta, Oct. 1, 2026 - September sales totalled 1,650 units, similar to August and nearly 4% lower than in September 2025. While September sales typically pull back compared with August, stronger detached home sales helped prevent the typical seasonal pullback.
At the same time, new listings also rose from August, causing the sales-to-new-listings ratio to fall to 49%, leaving inventory levels relatively stable compared with August. Stable sales and inventory levels in September prevented any change in the months of supply compared with August, which remained at just under four months.
While the overall market is showing higher supply levels compared with sales activity, conditions vary significantly by property type. Detached properties remain in balanced territory, and the monthly boost in new listings supported gains in sales in September. Meanwhile, higher supply levels for apartment and row homes are contributing to buyer market conditions, as demand is spread across more alternatives in the rental and new home markets.
“The variation in market conditions between property types is related to where the supply was added. The construction boom over the past three years was mostly driven by gains in higher-density sectors, significantly increasing the supply of apartment and row-style homes,” said Ann-Marie Lurie, Chief Economist at the Calgary Real Estate Board (CREB®). “Meanwhile, detached homes did not see the same boost in construction, preventing broad-based supply growth. Thanks to a stronger job market and slower but positive net migration, housing demand has remained strong enough to absorb some of the supply, but not enough to offset the high-density supply added to the market, resulting in a more significant impact on prices for higher-density homes.”
As the market moves through the fall, it is not unusual to see some unadjusted monthly declines in prices. However, many of these adjustments were seasonal, as seasonally adjusted figures show that prices in September are relatively stable compared with August. The unadjusted residential benchmark price was $566,700, nearly 1% lower than last year. Most of the price adjustments have occurred in higher-density row and apartment-style units, which have reported year-over-year declines of 8% and 6% in September. Meanwhile, detached prices are 1% lower than last year, mostly due to declines in the North East, East and North districts.