As 2026 begins, Calgary’s housing market remains one of the most closely watched in Canada. Strong population growth, steady employment, and continued affordability relative to Ontario and British Columbia have kept demand elevated – even as the market shows signs of cooling from its peak pace.
This Calgary housing market forecast for 2026 breaks down price expectations, buyer demand, and migration trends, with practical takeaways for buyers and sellers navigating the year ahead.
Calgary Housing Market Outlook for 2026
Most forecasts suggest Calgary will remain one of Canada’s stronger-performing housing markets in 2026, though growth is expected to be more moderate than in previous years.
Key forces shaping Calgary’s real estate outlook:
- Continued interprovincial migration into the city
- Strong employment tied to energy, tech, and professional services
- A shift toward more balanced market conditions
While bidding wars are less common than before, Calgary continues to benefit from buyers seeking detached homes and space at prices unavailable in larger Canadian cities.
Calgary Home Price Forecast: What to Expect in 2026
Calgary home prices are expected to rise modestly in 2026, supported by population growth but constrained by improving inventory and affordability limits.
What the data suggests:
- Price growth is likely to slow compared to recent years
- Entry-level and family homes remain in highest demand
- Higher-priced segments may face more price resistance
Overall, Calgary is expected to outperform the national average but at a more sustainable pace.
Buyer Demand in Calgary: Still Strong, More Selective
Buyer demand in Calgary remains healthy, but behaviour has shifted.
Key buyer trends heading into 2026:
- More negotiation and conditional offers
- Increased focus on value, commute times, and neighbourhood amenities
- Less willingness to compete aggressively on price
With mortgage rates expected to stabilize rather than fall sharply, buyers are approaching decisions with more caution and planning.
Why Buyers Are Moving to Calgary in 2026
Calgary continues to attract buyers from Ontario and British Columbia, particularly families and professionals priced out of larger markets.
Top reasons buyers are choosing Calgary:
- Lower home prices compared to Toronto and Vancouver
- Strong job market and income potential
- Access to outdoor lifestyle and amenities
Neighbouring communities such as Airdrie and Okotoks are also benefiting from spillover demand.
What This Means for Calgary Home Buyers in 2026
For buyers, 2026 may offer more breathing room than recent years.
What buyers should watch:
- Improving inventory levels
- Better negotiating conditions
- Opportunities in well-located, mid-priced neighbourhoods
Buyers who remain flexible on timing and property type may find stronger value than during peak demand periods.
What This Means for Calgary Home Sellers in 2026
Sellers in Calgary will need to adjust expectations.
Key seller considerations:
- Accurate pricing is critical
- Move-in ready homes continue to perform best
- Overpriced listings may sit longer
Homes that align with buyer affordability and expectations are expected to sell efficiently, while aspirational pricing may face resistance.
Calgary Housing Market Forecast 2026: The Big Picture
Calgary enters 2026 as one of Canada’s most resilient housing markets. While rapid price growth is unlikely to repeat, fundamentals remain solid.
For buyers and sellers alike, success in 2026 will depend less on market momentum and more on strategy, pricing, and timing.
References (APA)
Canadian Real Estate Association. (2025). Quarterly housing market outlook. https://www.crea.ca
Canada Mortgage and Housing Corporation. (2025). Housing market outlook – Calgary. https://www.cmhc-schl.gc.ca
Statistics Canada. (2025). Interprovincial migration estimates. https://www.statcan.gc.ca
Royal Bank of Canada. (2025). Canadian housing market outlook. https://www.rbc.com
WOWA. (2025). Calgary housing market trends. https://wowa.ca
Canada Housing Market 
Leave a comment