Calgary Real Estate Market

CREA MLS® HPI · June 2026

As of June 2026, the typical single-family home reaches 691 700 $, or −0.6 % year over year. A market driven by energy and interprovincial migration, whose relative affordability has drawn Ontario buyers in recent years.

Prices stable. The benchmark price has barely moved over one year.

Benchmark price by property type in Calgary

Single-family

691 700 $ (−0.6 % year over year)

Condo

310 900 $ (−7.6 % year over year)

Townhouse

452 600 $ (−3 % year over year)

CREA’s MLS® HPI publishes quality-constant benchmark prices; it publishes no sales volume, no active listings and no days-on-market for this region. It also publishes no benchmark for income properties: the third series is a townhouse, and is presented here as such.

How Calgary ranks in Canada

With a benchmark price of 691 700 $, Calgary is the 7th most expensive market of 19, or +16% above the median of markets covered outside Quebec (596 100 $).

Rental vacancy rate

A vacancy rate of 5% in 2025 in Calgary (source: CMHC).

Asking rents in Calgary

studio : 1 370 $ · 1 bedroom : 1 550 $ · 2 bedrooms : 1 900 $ · 3+ bedrooms : 2 130 $. Average asking rent for apartments listed for rent (Calgary CMA, 2026-01, experimental estimates from Statistics Canada). Asking rents run higher than the average rent of an occupied stock: read this as a market ceiling, not as income already earned.

Frequently asked questions

What is the price of a home in Calgary?

In June 2026, the benchmark price of a single-family home in Calgary is 691 700 $ (−0.6 % year-over-year), according to CREA's MLS® Home Price Index.

Does the Calgary real estate market favour buyers or sellers?

Prices stable. The benchmark price has barely moved over one year.

What is the price of a condo or a townhouse in Calgary?

In June 2026, the benchmark price is 310 900 $ for a condo and 452 600 $ for a townhouse in Calgary. CREA publishes no benchmark for income properties.

Where does this data come from and how often is it updated?

Figures come from the MLS® Home Price Index published monthly by the Canadian Real Estate Association (CREA). They are benchmark prices for a typical property — a quality-constant measure, not a median of observed sales — provided for informational purposes.

Source : MLS® Home Price Index, Canadian Real Estate Association · June 2026.