The Calgary Real Estate Report

September sales totalled 1,650 units, similar to August and down 3.85% from September 2025. New listings were 3,354, down 11.32% from last year, though they rose from August. That moved the sales-to-new-listings ratio to 49.19%. For comparison, August sales were down 16 percent year over year, which

Will a legal suite still help cover your mortgage now that Calgary rents are dropping? Yes, but it depends on which numbers you're using to plan. If you've been eyeing a home with a legal suite, or thinking about legalizing one, you've probably also seen the headlines this year about Calgary rents s

Do you still need a development permit to legalize a secondary suite in Calgary? Not anymore, for most homes. As of August 4, 2026, the City reclassified secondary suites in low-density zones as a "permitted use," meaning most skip the development permit step entirely and go straight to a building p

Will the rent from my suite actually help me qualify for a mortgage? Yes, but it depends, mostly on whether the suite is legal, and on how your lender does the math. Before we get into the numbers, I want to name the thing underneath this question, because it's usually not really about the math. It'

Can you have a backyard suite and a basement suite on the same property in Calgary? Not anymore, in most cases. As of August 4, 2026, Calgary's land use bylaw reverted to its pre-2024 rules, and the city says it plainly on its own secondary suites page: a backyard suite and a secondary suite cannot

The Big Picture Calgary’s real estate market took a step back in August. Sales came in at 1,660 units, down 16.41% from a year ago, while new listings dropped 9.66% to 3,141. That combination pushed the sales-to-new-listings ratio down to 52.85%, and months of supply climbed to 3.92, up nearly 17% y

Is it still worth adding a secondary suite in Calgary now that the incentive money has mostly run out? Yes, but it depends on what you're actually trying to do. If you're buying a home that already has a legal suite, this is a good time to be house hunting, there are simply more of them out there th

Can House-Hacking Actually Get Our Family Into a First Home? Yes, but it depends on how you structure it. House-hacking just means buying a home with a suite, living in part of it, and renting out the rest so a tenant covers part of the mortgage. It's not a new idea, but it's picked up a lot of atte

Calgary Real Estate Market Update: August 2026 Is Calgary's housing market slowing down across the board now, or is it still just condos? As of July's data, it's starting to broaden. Apartment condos have carried most of the price softening in Calgary for months, but in July detached and row homes e

Does Calgary's repeal of blanket rezoning affect my ability to buy or build a home with a secondary suite? Yes, but not the way most people assume. On August 4, 2026, the City of Calgary rolled back the citywide "blanket rezoning" that had reclassified most low-density lots to R-CG since 2024, allow

Should I help my adult child buy a home with a rental suite instead of a smaller starter home? Yes, but it depends on what you want that help to actually do for your family. A down payment gift or cosigned mortgage can get a child into any home. But if that home has a legal suite, the same amount of

If you've been told you're priced out of buying a home in Calgary, here's something worth knowing. A home with a legal basement suite can help you qualify for a much bigger mortgage. Lenders can count up to 100% of the rent from a legal, self-contained suite as part of your income. You usually need

Calgary's real estate scene is always changing, influenced by demographic shifts and urban development trends. As one of Canada's larger cities, Calgary offers real estate markets that provide exciting opportunities for buyers, sellers, and investors. Calgary has expanded beyond its traditional city

When beginning to purchase a home in Calgary, many potential buyers tend to focus on the aspects of the house, such as size, condition, and price. However, a crucial aspect that often goes unnoticed is the neighbourhood where the house is situated. Researching the neighbourhood is essential as it ca

Home inspections play a role in the process of purchasing or selling a home in Calgary. They offer a chance for an expert to assess the property's condition and pinpoint any issues. This can feel overwhelming for newcomers to the real estate scene. Knowing what to anticipate and how to get ready can

  Navigating the world of mortgages can be daunting, especially for those looking to buy a home in Calgary. Understanding the basics of mortgages, the options available, and the nuances applicable to the Calgary market is crucial for making informed decisions. The Basics of Mortgages A mortgage is a

Buying your first home is an exciting milestone, especially in a vibrant city like Calgary. With its diverse neighborhoods, booming economy, and beautiful scenery, Calgary offers a great environment for new homeowners. However, navigating the real estate market for the first time can be daunting. He

Understanding Calgary's Housing Market: Key Indicators Calgary's housing market is dynamic and influenced by various economic and demographic factors. To understand this market, it's crucial to look at key indicators that reflect the health and direction of real estate in the city. Average House Pri

    Calgary's real estate market is experiencing a dynamic phase, marked by a variety of trends that are shaping the housing landscape in this vibrant Canadian city. Understanding these trends is crucial for anyone looking to buy, sell, or invest in Calgary's property market. Growing Demand for Subu

  The Calgary housing market has always been a dynamic and intriguing sector, shaped by various economic and social factors. As we approach 2024, it's crucial to look ahead and anticipate the changes and trends that might influence the market. This post delves into the potential scenarios for Calgar