If buying a home in Calgary has been on your mind, or you've been wondering whether it's time to downsize, the latest real estate market statistics are giving us plenty to talk about!

The Calgary housing market continues to shift, and with more inventory available in several property types, buyers may have opportunities they haven't had in recent years. Whether you're purchasing your first home, moving into something with more space, or ready to trade your detached house for a townhome or condo, now could be a great time to explore your options.

At Russell Realty, we believe the best real estate decisions start with understanding the numbers, knowing your options, and figuring out what makes sense for your life.

What Are the Latest Calgary Real Estate Stats Telling Us?

According to the latest MLS® statistics for the Calgary market, months of inventory have increased across most property types, with semi-detached homes being the exception.

So, what does that mean for buyers?

Months of inventory estimates how long it would take to sell the current supply of homes at the recent pace of sales, assuming no additional listings come onto the market. Generally, more months of inventory means buyers have more choices and sellers may face greater competition.

Two property types worth watching right now are apartments and townhomes.

Apartments: More Choice for Condo Buyers

With approximately 5.46 months of inventory, Calgary's apartment market is leaning further into buyer-favouring conditions.

For buyers, this can mean more properties to compare, more time to consider your options, and potentially more room to negotiate on price and terms.

If you've been considering condo living, whether as a first-time buyer, an investor evaluating a property, or someone looking to simplify life, this is a segment worth exploring carefully.

Of course, not all condos are created equal. Location, condo fees, the reserve fund, building maintenance, bylaws and the financial health of the condominium corporation all matter. A lower purchase price is only one part of the picture.

Townhomes: An Opportunity Worth Exploring

Townhomes are sitting at approximately 4.3 months of inventory, giving buyers more options than a tighter market typically would.

Over the past year, townhome prices have also adjusted, with an average decrease of approximately 3.67%, based on the figures provided by the latest market statistics.

For buyers who want more space than a typical apartment offers, a townhome may provide an appealing middle ground. You might enjoy multiple levels, extra bedrooms, a small yard or patio, and sometimes an attached garage, without the same responsibilities that can come with maintaining a detached property.

The important thing is to compare the right homes in the right communities. Averages tell us about the broader market, but individual properties can perform very differently.

Thinking About Downsizing? This Could Be Your Opportunity.

Have you lived in your detached home for years? Perhaps the kids have moved out, the yard feels like more work than enjoyment, or you're simply ready for a different pace of life.

Downsizing doesn't necessarily mean giving something up. It can mean gaining more freedom, less maintenance and a home that better suits your current needs.

A townhome or condo might offer:

• Less exterior maintenance and yard work.

• More time for travel, hobbies, family and the things you enjoy.

• A smaller space to clean and maintain.

• An opportunity to access some of the equity you've built in your current home.

• A chance to choose a location closer to amenities, shopping, recreation or family.

And here's where the current market becomes particularly interesting.

If you're selling a detached home and buying a townhome or condo, you're participating in two different segments of the market. Your detached property may have different levels of demand and pricing pressure than the home you want to purchase.

That means the difference between what you sell for and what you buy for matters just as much as either price on its own.

For example, if the type of property you're buying has experienced greater price adjustments than the home you're selling, you may find an opportunity to make your next move work financially. But it depends on your home's value, your desired purchase price, selling costs, moving expenses and any financing requirements.

This is why we always encourage homeowners to look at the complete picture before making a decision.

Is It a Good Time for First-Time Buyers, Too?

Absolutely worth exploring!

A market with more inventory can give first-time buyers something they may have felt was missing in a more competitive environment: choice.

Instead of feeling rushed to make a decision, you may have more time to compare properties, consider conditions, arrange a home inspection and evaluate whether a home genuinely fits your budget and lifestyle.

There may also be opportunities to negotiate on price or other terms, depending on the property and the seller's circumstances.

That doesn't mean every home is a bargain or that prices will continue to fall. Well-priced homes in desirable locations can still attract strong interest. The goal is to understand the competition and make an informed offer based on comparable sales, property condition and current market activity.

The Right Opportunity Is About More Than the Price

Whether you're buying, selling or downsizing, the headline statistics are only the starting point.

Your neighbourhood, property type, price range and competition all influence your real market.

That's why we look beyond asking prices. We review comparable sales, current listings, market activity and the features that make each property unique. For downsizers, we also look at the likely selling price of your current home alongside the cost of your next one.

And before purchasing a condo or townhome, it's important to understand the monthly costs, condominium documents, fees, restrictions and maintenance responsibilities that come with the property.

A lower purchase price is wonderful, but the right home should also make sense for your finances and the way you want to live.

Let's Talk About Your Next Move

The Calgary real estate market is changing, and those changes may create opportunities for buyers who are prepared to explore them.

Maybe you're ready to stop renting and buy your first home. Perhaps you need more room for a growing family. Or maybe you're looking forward to a simpler lifestyle in a townhome or condo.

Whatever your next chapter looks like, you don't have to figure it all out on your own.

At Russell Realty, We believe real estate is about people, relationships and helping you make decisions that feel right for you. We're happy to talk through the numbers, answer questions and help you understand what's possible, even if you're still months away from making a move.

Curious what today's Calgary market could mean for you? Let's have a conversation.

When you think of a Realtor, you probably think of buying or selling a home. And while we absolutely love helping people through those exciting milestones, our role can start long before you’re ready to make a move — and continue long after the keys have changed hands.

At Russell Realty with CIR Realty, we believe real estate is about relationships, not just transactions.

One Team. A Whole Lot of Connections.

One of the things we love most about what we do is connecting people. Over the years, we’ve built what we like to call our real estate entourage — a network of trusted professionals we can turn to when our clients need a little extra help.

From tradespeople and contractors to lawyers, Real Property Report (RPR) specialists and other local professionals, we’re always happy to help connect you with people who can make your life a little easier.

Because sometimes, a real estate question isn't actually about buying or selling a home. Sometimes, it's about figuring out what to do next.

You Don’t Have to Be Ready to Move to Reach Out

Have you ever wondered whether a renovation is worth the investment? Or whether that project you've been considering might add value to your home when it's eventually time to sell?

Maybe you're curious about what homes in your neighbourhood are actually selling for. Perhaps you're thinking about downsizing in a few years, wondering about the next step for your family, or simply trying to understand what's happening in Calgary's real estate market.

These are exactly the kinds of conversations we'd love to have!

You don't need to have a moving date in mind, a home to list or a property you want to buy. Sometimes, the best time to start a conversation is when you're simply curious.

And if you'd like to keep an eye on your local market, we can even set you up with a community market report. It's a great way to follow sales, watch price trends and get a better understanding of what's happening in your neighbourhood over time.

After all, knowing what's happening in your local market can help you make more informed decisions when the time is right.

Honest Conversations, Helpful Advice and Knowing the Numbers

We believe good real estate advice starts with listening, asking questions and understanding what matters to you.

Whether you're buying your first home, preparing to sell, considering a renovation or simply planning for the future, we want you to feel comfortable reaching out.

We'll talk through the numbers, share what we're seeing in the market and help you understand your options. And if your question is better answered by another professional in our network, we'll do our best to connect you with someone who can help.

We're not here to pressure you into making a move before you're ready. We're here to build relationships, provide helpful information and be a resource you can turn to when real estate questions come up.

Because your home is more than a property. It's where life happens, plans change, families grow and memories are made. The decisions surrounding it deserve thoughtful conversations and the right support.

Your Realtors, Long Before Moving Day

Carl and I love what we do, but what makes it especially meaningful is the people we meet along the way. We want to be the Realtors you feel comfortable calling with a question, the people who help you find a trusted contractor and the ones who can help you make sense of the market when you're curious about your home's value.

Whether you're planning a move next month, next year or not at all, we'd love to stay connected.

One team. A whole lot of connections. And relationships that go well beyond the transaction.

So, Let's Chat!

If you could ask a Realtor anything about your home or your neighbourhood, what would you want to know?

Would it be about renovations, home values, property taxes, market trends, preparing for a future sale or something completely different?

Drop your question in the comments or reach out to us directly. We'd love to hear from you!

Carl & Gwen Russell | Russell Realty with CIR Realty
Helping you navigate real estate in Calgary and surrounding areas — one conversation at a time.

Before you panic about a potential property tax increase for 2027, let's take a closer look at what's being discussed, what it could mean for homeowners, and why November will be an important month to watch.

Have you've seen recent headlines about a possible property tax increase in Calgary? It's understandable that homeowners may be concerned, especially when we're already paying attention to mortgage payments, utilities, insurance, groceries, and the overall cost of owning a home.

But before jumping to conclusions, it's important to remember one thing: the numbers being discussed right now are preliminary, not final.

At Russell Realty, we believe staying informed is always better than making decisions based on headlines. So, let's break down what we know about Calgary's proposed property tax increase for 2027 and what homeowners, buyers, and sellers should keep in mind as the budget discussions unfold.

What Is Being Proposed for Calgary's Property Tax Increase in 2027?

Calgary's upcoming four-year budget is expected to be a significant topic of discussion as City Council prepares to review spending priorities and revenue needs for the years ahead.

Preliminary budget documents currently outline a proposed 15% property tax increase for 2027, along with potential increases in subsequent years.

That's certainly a number that gets your attention.

However, it's important to understand that a proposal is not the same as an approved tax increase. Council still has decisions to make about the city's budget, spending priorities, and how municipal services will be funded.

The figures being discussed today could change as councillors debate the options and work toward a final budget.

Formal budget deliberations are scheduled to begin in November, making that a key time for Calgary residents to pay attention to the discussion.

For now, the best approach is to stay informed without assuming the preliminary proposal will automatically become the final outcome.

Why Do Property Taxes Matter So Much to Homeowners?

Owning a home involves much more than a mortgage payment.

Property taxes are an ongoing expense that homeowners need to account for when planning their household budgets. They help fund municipal services and infrastructure that support our communities, including roads, public spaces, emergency services, and other city operations.

When property taxes increase, homeowners may need to adjust their budgets to accommodate the additional cost.

For some households, a change may be manageable. For others, particularly those on fixed incomes or already dealing with rising expenses, even a relatively small increase can make a difference.

This is especially important for retirees, downsizers, and homeowners who are trying to remain in their homes while managing their monthly expenses.

It's also a reminder that affordability isn't just about the purchase price of a property. It's about understanding the full cost of homeownership over time.

What Could a 15% Property Tax Increase Mean for Your Household?

Because the proposed figure is preliminary, we don't yet know what the final impact will be. However, it can be helpful to think about how a potential increase might affect your household budget.

The actual dollar amount would depend on your property's tax bill, the final approved tax rate, and how the city calculates the increase.

For example, if a homeowner's annual property tax bill were $4,000, a hypothetical 15% increase to that bill would mean an additional $600 per year, or approximately $50 per month.

That's an illustration of the potential impact, not a prediction of your 2027 tax bill. The final increase, if approved, may differ, and individual bills can vary.

The takeaway? It's worth understanding what you currently pay in property taxes and considering how changes could affect your household finances.

You don't need to make any immediate decisions based on a preliminary proposal, but having a clear picture of your expenses can help you feel more prepared.

What Does This Mean for Calgary Homebuyers?

If you're considering buying a home in Calgary, property taxes are one of the expenses worth reviewing before making a purchase.

When comparing properties, it's easy to focus on the list price, mortgage payment, and whether the home checks all your boxes. But the bigger picture matters, too.

Before purchasing, take time to consider:

• Property taxes: Review the current annual taxes for the home you're considering.

• Monthly affordability: Include taxes alongside your mortgage, insurance, utilities, and maintenance costs.

• Future expenses: Leave room in your budget for potential increases in the cost of homeownership.

• Your long-term plans: Consider whether the property will remain affordable if your household expenses change.

If you're buying a home, this isn't a reason to put your plans on hold. It's simply another factor to include when making an informed decision.

The right home isn't just one you can afford to purchase today. It's one that makes sense for your household over the years ahead.

What About Calgary Home Sellers?

For homeowners thinking about selling in 2027, property taxes are another piece of the larger real estate picture.

Buyers are already looking carefully at affordability, monthly carrying costs, and the overall value of a property. Changes in municipal expenses may become part of those conversations, particularly for buyers working within a tighter budget.

That doesn't mean a proposed tax increase will automatically cause home values to fall or prevent buyers from entering the market. Real estate prices are influenced by many factors, including inventory, interest rates, employment, buyer demand, location, and property type.

However, understanding the costs associated with your home can help you prepare for questions buyers may ask.

As we always say, your neighbourhood + property type + competition = your real market.

If you're thinking about selling, the most important thing is to understand what's happening in your specific market rather than making assumptions based on one headline.

Why November Will Be an Important Month to Watch

The upcoming budget discussions should provide more clarity about Calgary's financial priorities and the direction of its proposed property tax changes.

As Council reviews the budget, residents will have a better opportunity to understand which proposals are moving forward, which may change, and what the final decisions could mean for their households.

In the meantime, there are a few simple steps you can take:

1. Know your current property tax bill. Understanding today's expenses gives you a useful starting point.

2. Keep an eye on the budget discussions. Look for updates from the City of Calgary as deliberations progress.

3. Review your household budget. Consider how changes in housing costs could affect your finances.

4. Avoid making decisions based on preliminary numbers alone. Wait for confirmed details before assuming what your future costs will be.

Being informed doesn't mean you need to worry about every possible outcome. It means giving yourself the information you need to plan confidently.

The Bottom Line: Stay Informed, Not Scared

A potential property tax increase for 2027 is certainly something Calgary homeowners should be aware of, but it's not a reason to panic.

The proposed 15% increase is still part of the preliminary budget discussion, and the final numbers have yet to be determined. November will be an important month as City Council begins its formal deliberations and Calgary residents gain a clearer understanding of what lies ahead.

Whether you're a current homeowner, thinking about downsizing, preparing to sell, or hoping to buy your first home, understanding the full cost of homeownership is always worthwhile.

At Russell Realty, Carl and I believe that good decisions start with good information, honest conversations, and looking at the bigger picture. Real estate is about more than buying or selling a property. It's about finding the right fit for your life, your goals, and your finances.

So, let's keep watching the conversation, stay informed, and wait for the confirmed details before drawing conclusions.

Because when it comes to your home and your finances, being informed is always better than being alarmed.

Have questions about how changing housing costs could affect your plans to buy or sell in Calgary or the surrounding areas? We'd love to chat and help you make sense of the bigger picture. No pressure, just honest conversations.

If you’ve been keeping an eye on interest rates, you’ve probably seen the headlines: the Bank of Canada held its overnight interest rate steady. But what does that actually mean if you’re thinking about buying a home, renewing your mortgage, or refinancing?

The answer? It depends on the type of mortgage you have, your financial situation, and what your plans look like for the future!

Let’s break it down. 🏡

Variable vs. Fixed Mortgage Rates: What’s the Difference?

One of the biggest things to understand is that fixed and variable mortgage rates don't respond to interest rate news in exactly the same way.

Variable Mortgage Rates

Variable mortgage rates are generally tied to lenders’ prime rates, which are influenced by the Bank of Canada's overnight rate.

When the Bank of Canada holds its rate steady, variable mortgage rates generally remain unchanged too, assuming your lender doesn't make a separate adjustment.

If you already have a variable-rate mortgage, your interest rate may stay the same for now. If you're considering one, remember that your rate can rise or fall as economic conditions change.

Depending on your mortgage terms, changes in interest rates can affect your monthly payments or the amount of each payment that goes toward interest versus principal.

Fixed Mortgage Rates

Fixed mortgage rates work a little differently. They're influenced in part by bond yields, which can move up or down based on market expectations, inflation, and economic conditions.

That means fixed mortgage rates can change even when the Bank of Canada leaves its overnight rate alone.

If you're shopping for a mortgage, don't assume that a rate announcement automatically means fixed rates will drop — or stay the same!

What Does This Mean If You're Buying a Home?

If you're planning to buy a home, interest rates are certainly important, but they're only one piece of the puzzle.

Your purchase price, down payment, monthly payment, property taxes, insurance, utilities, and ongoing maintenance costs all contribute to what you can comfortably afford.

And here's something else worth remembering: the interest rate isn't the only thing you can negotiate when buying a home.

Depending on the property and current market conditions, you may have opportunities to negotiate the purchase price, request a home inspection condition, or include other appropriate conditions in your offer.

A lower purchase price can make a meaningful difference to your overall borrowing needs, so it's important to look at the complete picture rather than focusing on interest rates alone.

Renewing or Refinancing? Start Planning Early!

If your mortgage renewal is coming up, don't wait until the last minute to explore your options.

Start a conversation with your mortgage professional well before your renewal date. They can help you compare available rates, understand your mortgage terms, and determine whether staying with your current lender or exploring other options makes sense.

Refinancing is another decision that deserves a closer look. Whether you're considering accessing equity, consolidating debt, or adjusting your mortgage to suit changing financial circumstances, it's important to understand the costs and long-term implications before making a move.

Sometimes a lower interest rate makes sense. Other times, flexibility, prepayment privileges, penalties, or the length of your mortgage term may be just as important.

The lowest rate isn't automatically the best mortgage. The best choice is the one that fits your overall financial plan.

Why We Recommend Working With a Mortgage Professional

As Realtors, Carl and I believe that having the right people in your corner makes a difference.

A knowledgeable mortgage broker or mortgage specialist can help you understand your borrowing options, explain the differences between mortgage products, and determine what may work best for your circumstances.

A mortgage broker can often compare options from multiple lenders, while a mortgage specialist may work directly with a particular financial institution. Both can be valuable resources, depending on your needs.

And if you're not sure who to call, we're happy to refer you to a few great mortgage professionals we've connected with!

We believe in building relationships and connecting our clients with trusted professionals who can help them make informed decisions — whether you're ready to buy today, planning for a move next year, or simply trying to understand your options.

There's no pressure to make a decision before you're ready. Sometimes, the best first step is simply asking questions.

Let's Look at the Whole Picture

Interest rate announcements will continue to make headlines, but your real estate decisions should be based on more than a single number.

Whether you're buying your first home, moving up, downsizing, or approaching mortgage renewal, understanding your options can help you move forward with greater confidence.

Thinking about buying, selling, or planning your next move? Carl and I would love to chat! We can help you understand what's happening in the Calgary real estate market and connect you with a mortgage professional who can help you explore your financing options.

Because finding the right home is important — but making sure it fits your life and your finances is just as important.

Let's make your next move a well-informed one!

Is Calgary’s real estate market slowing down? The short answer is yes — but there’s more to the story!

As we welcome September, the latest August numbers show Calgary’s real estate market continuing to settle, with both sales and new listings trending below 2025 levels. Inventory remains elevated, giving buyers more options in many areas and creating a more competitive environment for sellers.

But if there’s one thing we’ve been saying all year, it’s this: Calgary is NOT one market!

What’s happening with detached homes can look very different from what’s happening with condos. And even within the same property type, your community, price range and the condition of your home can make a big difference.

Let’s take a closer look at what the August numbers tell us.

Calgary Real Estate Market: August at a Glance

Here are the key numbers from August:

• Sales: 1,660 homes, down 16% compared with August 2025.

• New listings: 3,141, down nearly 10% year over year.

• Inventory: 6,509 homes on the market.

• Months of supply: Nearly four months.

• Benchmark price: $569,800, virtually unchanged from July and approximately 1% below August 2025.

So, what does all of this mean?

We're seeing fewer sales than last year, but we're also seeing fewer new listings coming onto the market. With more homes available for buyers to choose from, the overall market is moving toward more balanced conditions.

For buyers, that can mean less pressure to make a quick decision. For sellers, it means understanding the competition and pricing strategically is more important than ever.

One City, Very Different Markets

This is where things get interesting! Looking at Calgary as a whole only tells us part of the story. When we break the numbers down by property type, we see some important differences.

Detached and Semi-Detached Homes

Detached and semi-detached homes are experiencing just over three months of supply, putting these segments in relatively balanced market conditions.

Buyers have more options than they did during the stronger seller-market years, but that doesn't mean every home is struggling to sell. Desirable properties that are priced appropriately and presented well can still attract serious interest.

For sellers, the goal is to understand what buyers are comparing your home against and how your property stacks up. For buyers, having more choices may create opportunities to negotiate and take the time to make a well-informed decision.

Apartment-Style Homes and Condos

The apartment-style market continues to face more supply pressure, with nearly six months of supply.

That means more competition among sellers and more choice for buyers. If you're shopping for a condo, this could be an opportunity to compare properties carefully, consider your options and potentially negotiate on price or conditions.

For condo owners thinking about selling, preparation matters. Buyers are looking at more than just the asking price. Condo fees, the condition of the building, reserve fund information, location, parking and the overall value of the property can all influence their decision.

A condo market and a detached-home market can behave very differently, even when they're only a few kilometres apart.

What About the Luxury Market?

Interestingly, the $1 million-plus segment is seeing increased sales activity, particularly among detached and semi-detached homes.

With greater supply and more properties to choose from, some buyers in this price range are finding opportunities that may not have been available when competition was stronger.

Meanwhile, activity in the lower price ranges remains softer. One contributing factor is that favourable rental conditions are making renting a more attractive option for some households, slowing the transition from renting to homeownership.

This is another reminder that affordability, lifestyle, financing and individual circumstances all play a role in real estate decisions.

What Does This Mean for Calgary Buyers and Sellers?

If You're Thinking About Buying

You may have more choices and less pressure than buyers experienced in a hot seller's market. Depending on the property type and community, there may also be room to negotiate.

This is a great time to look beyond the asking price. Review comparable sales, understand the property's condition, consider ongoing ownership costs and make sure the home fits your needs and budget.

And remember, the right home isn't necessarily the newest listing or the one with the most attractive photos. It's the one that makes sense for you.

If You're Thinking About Selling

Pricing and presentation are more important than ever.

Buyers have options, so it's essential to understand your competition before deciding on an asking price. Looking at what similar homes are actually selling for — rather than relying only on current list prices — helps establish a realistic strategy.

Professional marketing, thoughtful preparation and honest conversations about pricing can help position your home to stand out.

Sometimes, launching at the right price from the beginning can make a meaningful difference. If the market doesn't respond as expected, listening to buyer feedback and adjusting your strategy may be necessary.

The Bottom Line: Your Market Is What Matters

So, when someone asks, “What is the Calgary real estate market doing?” our answer is still: It depends! 

Your neighbourhood + property type + competition = your real market.

Calgary's overall numbers provide valuable context, but they don't tell the whole story about your particular home or the property you're hoping to buy.

At Russell Realty with CIR Realty, we believe good real estate decisions start with understanding the numbers, having honest conversations and creating a plan that makes sense for your circumstances — not simply following the headlines.

Whether you're considering buying your first home, moving up, downsizing or selling a property you've loved for years, we're here to help you understand your options without pressure.

Thinking about making a move this fall? Let's look at your specific market, your goals and the opportunities available to you.

Because real estate isn't just about buying and selling homes. It's about helping people make confident decisions about where they live.

What if 2026 was the year you stopped wondering whether homeownership was possible and started exploring what it could look like for you?

If you have been renting in Calgary, Alberta, and dreaming about owning a home of your own, this might be a good time to take a closer look at your options. The real estate market has shifted, and for some first-time homebuyers, that shift could open doors that felt out of reach just a few years ago.

For a while, Calgary's housing market was moving quickly. Buyers often faced competition, limited choices, and the pressure to make decisions before someone else scooped up the property. It could feel like you had to move fast, stretch your budget, or compromise on what you really wanted just to get into the market.

But markets change. And when they do, opportunities can change, too.

Today, Calgary buyers are seeing more choice in certain property types, more time to consider their options, and opportunities to negotiate that may not have been available during the busiest years. For first-time homebuyers, this is a reason to start asking questions, reviewing the numbers, and exploring what might be possible.

Not because you have to buy right now, but because you deserve to know what your options are.

Why Calgary's Changing Real Estate Market Matters to First-Time Homebuyers

One of the biggest challenges for first-time homebuyers is getting that first foot on the property ladder. Between saving for a down payment, managing everyday expenses, and keeping up with housing prices, it can sometimes feel like homeownership is always just out of reach.

When the market is competitive, the process can feel even more overwhelming. You might find a home you love, only to discover that several other buyers want it, too. Suddenly, you are making decisions under pressure instead of taking the time to determine whether the property is the right fit for your lifestyle and finances.

A changing market can create a different experience.

As inventory increases in some Calgary communities and property categories, buyers may have more homes to compare. Instead of feeling as though you must jump at the first suitable property, you may have the opportunity to look around, compare features, and consider your choices more carefully.

For first-time homebuyers, that breathing room can be valuable.

It may mean having time to think about the neighbourhood you want to live in, whether you need a garage, how much renovation you are comfortable taking on, or whether a townhouse makes more sense than a detached home.

Of course, every property and neighbourhood is different. Some homes still attract strong interest, while others may sit on the market longer. The key is understanding the specific market you are shopping in rather than assuming every home offers the same opportunities.

More Choice Could Mean More Opportunity

Imagine being able to compare several homes instead of feeling pressured to choose between one or two.

Perhaps you have been renting an apartment and would love a townhouse with a little outdoor space. Maybe you are looking for a starter home with two or three bedrooms, room to grow, and a place to park your vehicle.

Or perhaps you have been saving for years and are finally ready to see whether a condo, townhouse, duplex, or detached home could fit your budget.

When there are more listings available in your preferred price range, you may have more opportunities to compare homes based on value, condition, location, and future needs.

You can ask questions such as:

• Is this home priced appropriately compared with similar properties?

• How long has it been on the market?

• Have there been any price adjustments?

• Are there comparable homes that offer better value?

• What repairs or improvements might I need to budget for?

• Does the neighbourhood fit my lifestyle, commute, and plans for the future?

These questions matter because buying your first home is about more than simply getting an accepted offer. It is about making a decision you can feel comfortable with long after moving day.

Negotiating Power: Why the Right Price Matters

One of the potential benefits of a less competitive market is the opportunity to negotiate.

Depending on the property, seller motivation, and comparable sales, buyers may have room to discuss price, possession dates, or other terms. There may also be opportunities to include conditions that allow you to complete important due diligence.

That does not mean every seller will accept a lower offer or that every listing is overpriced. It means the conversation may look different from the intense bidding situations buyers experienced in previous market conditions.

For first-time homebuyers, understanding the numbers is especially important.

The asking price is only one part of the picture. A home's value should be considered alongside recent comparable sales, current competition, property condition, and the features that make it unique.

Sometimes the best opportunity is not the cheapest house. It may be the property that has been maintained well, offers the space you need, and fits comfortably within your budget.

Our approach is to look beyond the list price and help buyers understand what the market is telling us about a particular property.

Because the goal isn't simply to buy a home. It's to buy the right home at the right price for you.

Stop Renting? Let's Talk About Building Equity

Renting is not a bad decision. It offers flexibility and can make sense for people who are saving, changing jobs, building their careers, or deciding where they want to settle.

But if you are paying rent every month and wondering whether that money could eventually help you build equity in a home of your own, it may be worth exploring the possibilities.

When you own a home, a portion of each mortgage payment generally goes toward reducing your mortgage principal. Over time, that can help you build equity. Your equity may also change as your property's market value rises or falls.

Homeownership does come with responsibilities, though. Property taxes, insurance, maintenance, utilities, condo fees where applicable, and unexpected repairs all need to be considered. Your mortgage payment is only one piece of the overall cost.

That is why we encourage first-time homebuyers to look at the complete financial picture before making a decision.

The goal is not to stretch your finances just to say you own a home. It is to find a property and payment that make sense for your life today while allowing room for tomorrow.

And remember, you do not need to have every answer before you start asking questions.

What Does Buying Your First Home in Calgary Actually Cost?

If you are a first-time homebuyer in Calgary, your buying power will depend on several factors, including your household income, existing debts, credit history, down payment, and the mortgage terms available to you.

A mortgage professional can help you understand what you may qualify for and what a comfortable monthly payment could look like.

You will also want to plan for your down payment and closing costs. In Alberta, buyers should consider expenses such as legal fees, a home inspection, moving costs, property tax adjustments, and other property-specific expenses.

Canada also has programs that may help eligible first-time homebuyers.

Depending on your circumstances, these could include the First Home Savings Account (FHSA), the Home Buyers' Plan (HBP), and the federal first-time home buyers' GST/HST rebate for eligible new homes, subject to the applicable rules and eligibility requirements.

You can learn more through the Government of Canada's official website at Canada.ca. A qualified mortgage professional or tax adviser can help you determine which programs apply to your situation.

The important thing is to get informed before assuming homeownership is out of reach.

You might be closer than you think, or you might discover that you need another six or twelve months of saving. Either way, having a plan gives you something concrete to work toward.

Why You Should Have a REALTOR® in Your Corner From Day One

Buying your first home can feel like learning a whole new language. Mortgage approvals, conditions, comparable sales, condo documents, inspections, and negotiations can quickly become overwhelming.

Having a REALTOR® working with you from the beginning can help you understand the process and make more informed decisions.

As husband-and-wife real estate team Carl and Gwen Russell with CIR Realty, we believe buying a home should be about relationships, honest conversations, and helping people feel confident in their decisions.

We want to get to know you, understand what matters to you, and learn what you hope your first home will provide.

Are you looking for a place to call your own for the next five years? Are you hoping to start a family? Do you want a garage, a yard, or easy access to transit? Is being close to friends, family, or work your priority?

Those details help us narrow the search and focus on properties that make sense for you.

We also believe in having conversations about the numbers. We look at comparable sales, neighbourhood trends, property types, and competing listings to help you understand what you are buying and how to approach an offer.

And because we are more than just a real estate team, we can help connect you with professionals who may be useful along the way, including mortgage specialists, inspectors, lawyers, and trusted trades.

You do not need to wait until you are ready to make an offer to start building those relationships.

Is 2026 the Right Time for You to Buy?

There is no universal answer. The right time to buy depends on your financial situation, personal goals, and the opportunities available in the market you are considering.

But if you are a first-time homebuyer in Calgary, this could be a worthwhile time to explore your options.

More listings in some segments, longer selling times, and changing market conditions can create opportunities for buyers who are prepared and informed. At the same time, home prices and competition vary by community and property type, so doing your homework remains essential.

You do not need to rush into homeownership simply because the market has changed. You also do not need to put your dream on hold because you assume buying is impossible.

Start with a conversation. Find out what you can afford, understand the costs, and explore the homes that fit your goals.

You may discover that you are ready to buy now. Or you may leave with a practical plan that gets you closer to owning your first home in the months ahead.

Either way, knowledge is a great place to start.

Let's Explore Your Buying Power!

Could 2026 be the year you stop renting and start building equity?

If you have been thinking about buying your first home in Calgary or the surrounding areas, Carl and I would love to help you explore what is possible.

There is no pressure and no expectation that you need to be ready to buy tomorrow. We can start by looking at your goals, discussing the neighbourhoods and property types you are interested in, and helping you understand the current market.

Sometimes the first step toward homeownership is simply asking, "What could I afford?"

Let's find out together.

Your first home. Your goals. Your future.

Reach out today, and let's see what your buying power could look like! Connect with us

If you're thinking about selling your home in Calgary, there's one thing I want you to understand before we put that sign in the yard: this is not the market to test the price and hope for the best.

I know your home means a lot to you. You've invested money, time, energy, and countless memories into it. Naturally, you want to get the best possible price when it's time to sell. And you absolutely should!

But here's the thing: wanting a certain price and what today's market is willing to pay aren't always the same thing.

In a market where buyers have more options, pricing your home strategically from day one can make a BIG difference.

Buyers Have More Choices — And They're Comparing Everything!

When buyers are looking for a home, they're not just looking at yours. They're comparing it against every other property that might meet their needs and budget.

They're considering:

• 💰 Price: Does the home offer good value compared to similar properties?

• 📍 Location: Is it in the neighbourhood they want, close to schools, work, shopping, or amenities?

• ✨ Condition: Does it feel well-maintained, or are there repairs and updates to consider?

• 📸 Presentation: Does it look inviting in the photos and in person?

• 🏡 Features: Does it have the layout, parking, yard, bedrooms, or other features they're looking for?

• ⏰ Days on market: Why has it been sitting? Is there room to negotiate?

When buyers have several similar properties to choose from, they don't have to settle. They can take their time, compare their options, book additional showings, and negotiate.

And if your home is priced above where buyers see its value, they may simply move on to the next property.

Not Every Property Type Is Experiencing the Same Market

This is particularly important in Calgary's row housing and apartment-style condominium markets, where greater inventory in many areas has given buyers more choice and negotiating power.

Detached and semi-detached homes have generally shown more resilience, but that doesn't mean sellers in those categories can ignore the competition.

One city. Very different markets.

Your neighbourhood, property type, price range, condition, and competition all influence how your home will perform.

A detached home in one community may attract strong interest while a similar-priced property elsewhere takes longer to sell. A condominium may face several competing listings, while another in a different building or neighbourhood has fewer direct competitors.

That's why broad headlines about the Calgary real estate market only tell part of the story. What matters most is understanding the market your particular home is competing in.

Why Testing the Market Can Backfire

It's tempting to list a little higher than the market suggests. After all, you can always lower the price later, right?

Technically, yes. But there's a potential downside.

When a home first hits the market, it often receives its greatest attention from buyers who have been watching for something new. These buyers may already know the competing listings, understand recent sales, and be ready to act when the right property appears.

If your home is priced too high, those buyers may not even book a showing.

Then the days on market begin to add up.

You reduce the price, but buyers who previously passed on the property may wonder why it hasn't sold. Some may assume there is room for an even bigger discount. Others may have already purchased a different home.

A price reduction can help bring renewed attention, but it cannot guarantee that the initial opportunity will come around again.

The goal isn't simply to get your home listed. It's to position it to attract the right buyers from the beginning.

Your Neighbour's Sale Doesn't Tell the Whole Story

Another common mistake is basing your asking price on what a neighbour sold for several months ago.

I understand why! It's a natural place to start.

But the market can change, and no two properties are exactly alike. The home down the street may have had a renovated kitchen, a larger yard, a different layout, or a more desirable location within the community.

And what about the properties currently listed for sale?

Those asking prices tell us what other sellers hope to receive. They don't tell us what buyers are actually willing to pay.

To develop a realistic pricing strategy, we need to look at:

• Recent comparable sold properties.

• Current listings competing for the same buyers.

• How much inventory is available in your property category.

• Average days on market and how quickly comparable homes are selling.

• The relationship between asking prices and final sale prices.

• Your home's condition, features, upgrades, and overall presentation.

It's about looking at the whole picture rather than relying on one number.

Strategic Pricing Doesn't Mean Giving Your Home Away

Let's be clear: pricing strategically doesn't mean underpricing your home or accepting less than it's worth.

It means understanding the evidence, recognizing the competition, and choosing an asking price that makes sense for the market you're entering.

Sometimes that means pricing competitively to encourage interest. Other times, your home's unique features or limited competition may support a different strategy.

The right approach depends on the numbers.

And once your home is on the market, we continue paying attention. Showing activity, buyer feedback, competing listings, and changes in the market can all help us determine whether our strategy is working.

Selling a home is not a matter of choosing a price, putting up a sign, and crossing our fingers. It takes thoughtful preparation, honest conversations, and a willingness to respond to what the market is telling us.

Let's Figure Out Where Your Home Really Stands

One of my favourite parts of being a Realtor is digging into the numbers and figuring out where a property fits in today's market.

I love comparing sales, reviewing competing listings, looking at neighbourhood trends, and helping homeowners understand what the information actually means for them.

Carl and I believe in honest conversations about pricing and marketing. We'd rather sit down with you, explain what we're seeing, and develop a realistic plan together than tell you a number simply because it's what you want to hear.

Because this isn't about chasing a price. It's about making informed decisions that give you the best possible opportunity to reach your selling goals.

The Calgary market continues to evolve, and your home's value isn't determined by what your neighbour sold for six months ago or what another seller is asking today.

It's about your neighbourhood + your property type + your competition = your real market.

Thinking about selling? Curious about where your home stands right now? connect with us

Reach out! I'd love to dig into the numbers with you, answer your questions, and give you a clearer picture of today's market — with no pressure, just honest information to help you decide what's right for you.

Because when it comes to selling your home, the right strategy starts with the right information.

Look at the stats across communities in and around Calgary. Most are seeing prices come down, inventory rise and days on market increase.

But then there’s Okotoks.  It’s showing much more price stability

And Calgary? It’s becoming increasingly segmented by community AND property type.
This is exactly why you can’t just look at “the Calgary market” and assume it tells the whole story.

Communities only a short drive apart can have very different:
• Inventory levels
• Pricing trends
• Days on market
• Buyer behaviour
• Supply & demand

Location matters. And knowing the numbers in your specific community matters even more.

Thinking about buying or selling? Let’s look at what’s actually happening in your neighbourhood, not just what the headlines are saying.

The excitement of a brand-new home is wonderful, but what about the neighbourhood around it?

There is something exciting about buying a brand-new home. Fresh paint, modern finishes, choosing your colours, and knowing nobody else has lived there before. For many buyers, especially young couples and growing families, a new home represents the beginning of an exciting chapter.

But before you fall in love with the floor plan, the kitchen island, or the beautiful community map showing all the amenities coming soon, there is something worth thinking about.

What happens when your home is ready, but your community isn't?

Our Evanston Story: We Learned This Firsthand

When Carl and I bought our very first home together in Evanston, we were newly married and excited to build our future in Calgary's growing northwest. Like many buyers looking at new communities, we were shown maps illustrating the future neighbourhood, including where schools and other amenities would eventually be built.

We bought in, settled in, and raised both of our children there. We lived in that home for 12 years!

Over those years, we watched Evanston grow and develop into a wonderful community. But we also experienced firsthand how long it can take for the promised amenities to become reality.

One example really stands out: the school.

When we were shopping for our first home, we were shown on the community map where the school would be. As young parents planning our future, that mattered to us. We pictured our children attending a neighbourhood school close to home.

Fast-forward 12 years. As we were preparing to move, construction on that school had only just begun.

And here's the part that really sticks with me: by the time the school opened, it was designed for Kindergarten to Grade 4, and our daughter had already finished Grade 4. She had essentially outgrown the school before she ever had the opportunity to walk through its doors!

The school wasn't necessarily a broken promise. It was a reminder that the timeline for building a community doesn't always match the timeline of a family's life.

The Amenity Gap: Why Does It Take So Long?

I recently read an article by Cailynn Klingbeil, published July 20, 2026, about what is being called the amenity gap in some of Calgary's newer neighbourhoods.

The article highlights an important reality: homes can be occupied for years before the surrounding community has everything residents need.

Developers build homes, roads, pathways, and certain parks, but other amenities depend on different organizations, budgets, population growth, and business decisions.

Think about everything that makes a neighbourhood feel complete:

• Schools: Families may move in long before a school is built and ready to welcome students.

• Shopping and groceries: Retail businesses need enough customers to make opening a location financially viable.

• Recreation centres and libraries: These larger facilities often depend on municipal planning, funding, and construction timelines.

• Transit: Routes and services may evolve as communities grow.

• Restaurants, coffee shops, and daycares: These businesses often arrive when the population can support them.

The article also highlights communities such as Rangeview in southeast Calgary, where the developer has worked to introduce distinctive amenities early, including community greenhouses, pollinator gardens, and gathering spaces.

It demonstrates that not every new community develops in the same way. Some amenities arrive early, while others take considerably longer.

And that's exactly why it's important to look beyond the marketing materials.

A Beautiful Map Is a Vision, Not a Guarantee of Timing

When you're buying in a new community, those maps and renderings can be exciting. You can picture walking to the coffee shop, taking your children to the neighbourhood school, or enjoying a nearby recreation centre.

But it's important to ask a few questions before making your decision.

What is already there? Visit the community at different times of day. Look at the actual surroundings, not just the show home.

What's planned, approved, or funded? These are different stages of development. An amenity shown on a map doesn't necessarily mean construction is imminent.

What are the realistic timelines? Ask about anticipated completion dates, but remember that plans can change.

How will your family manage in the meantime? If you have school-aged children, consider where they may attend school now, how far you'll need to travel for groceries, and whether you'll depend on a vehicle for most daily activities.

Does the community suit your life today? Future amenities can add value and convenience, but you need to be comfortable living there while you wait.

This doesn't mean you shouldn't buy in a new community. Evanston eventually developed into a neighbourhood with schools, shopping, restaurants, parks, and many of the amenities families want.

It simply means you should understand what you're buying into.

Don't Forget Your Realtor When Buying a Brand-New Home!

Here's another important point that buyers sometimes overlook: you can have a Realtor in your corner when purchasing a brand-new home, too.

You don't have to navigate the new-build process alone.

The builder's sales representative can be friendly, knowledgeable, and helpful. However, their role is to represent the builder's interests, not yours.

Having your own Realtor involved from the beginning can give you someone to help you ask questions, understand the process, review the details, and identify things you may not have considered. We can help you look beyond the finishes and explore the bigger picture, including the location, the surrounding community, and the available information about future development.

And if something doesn't go smoothly, having someone in your corner to help you understand your options and work through the next steps can make a real difference.

The important part? Bring us in on Day 1.

Before you visit the builder's show home or register with a builder, let us know you're thinking about buying new. Builder policies and representation requirements can vary, and waiting until later may limit your options for having your own Realtor involved.

Carl and I want to help you make informed decisions, whether you're buying an established home or building something brand-new.

Thinking New? Let's Think It Through Together.

Buying a new home is exciting, and there are wonderful opportunities in Calgary's growing communities. But the right home is about more than countertops, square footage, and a beautiful floor plan.

It's also about the neighbourhood, the amenities, the commute, the schools, and how everything fits into your family's plans.

Our experience in Evanston taught us that communities take time to grow. The key is understanding that timeline before you buy.

So, if you're thinking about buying a brand-new home, let's talk before you start visiting show homes.

Don't forget to bring us along from Day 1. We'd love to have your back!

Because buying a home isn't just about the house. It's about the life you'll build around it.

Gwen & Carl Russell
Russell Realty with CIR Realty
Calgary & surrounding areas

Connect with us

Looking for a little more space just outside Calgary? Cochrane continues to be a community worth watching!

As we look at the Cochrane real estate market, we're seeing signs of resilience. While home sales have eased slightly, inventory remains relatively tight, helping support stable home values.

For buyers, that stability is encouraging. Cochrane offers the opportunity to enjoy a smaller-town atmosphere while remaining within commuting distance of Calgary. With its beautiful mountain views, growing amenities, parks, pathways, and welcoming community feel, it's easy to see why so many people are drawn to the area.

What Does This Mean for Buyers?

If Cochrane is on your home search list, it's worth paying attention to what's happening in the market. Relatively limited inventory can mean fewer choices in certain price ranges or property types, so understanding your options is important.

The good news? Taking the time to compare properties, review recent sales, and understand local pricing can help you make a confident decision. The right home isn't necessarily the newest listing or the one with the lowest asking price. It's the one that fits your needs, lifestyle, and budget.

What About Sellers?

Stable home values can be encouraging for homeowners considering a move. However, that doesn't mean every property will sell at the same price or within the same timeframe.

Pricing still matters! Buyers are comparing available homes, property condition, location, and value before making a decision. Understanding what similar homes have actually sold for — not just what other sellers are asking — is key to developing a successful pricing strategy.

Keeping an Eye on Cochrane

Cochrane continues to be an attractive option for buyers looking beyond Calgary, particularly for those hoping to balance lifestyle, space, and value.

As always, real estate is local. Market conditions can vary depending on the neighbourhood, property type, and price range, so the overall numbers only tell part of the story.

Thinking about buying or selling in Cochrane? Carl and I would be happy to help you understand what's happening in the market and how it relates to your plans. No pressure — just honest conversations, helpful information, and a little guidance whenever you need it.

Because real estate is about more than buying or selling a house. It's about finding the right fit for you!

Gwen & Carl Russell | Russell Realty with CIR Realty
Calgary & Surrounding Areas

If you've been thinking about buying a home in Calgary, but affordability has been holding you back, row housing may be worth a closer look!

The Calgary real estate market has been shifting, and buyers shopping for row homes have more options than they've had in recent years. With inventory levels remaining elevated, buyers are gaining something that can make a real difference in the home-buying process: choice, time, and more room to negotiate.

So, what does that mean if you're considering a row home? Let's take a closer look.

More Homes to Choose From

One of the biggest advantages of the current market is the increased selection available to buyers.

When inventory is tight, buyers often find themselves competing for the same properties, making quick decisions and sometimes feeling pressured to offer more than they originally planned. In a market with more homes available, the experience can look quite different.

You may have more opportunities to compare properties, explore different neighbourhoods, and decide which home best suits your needs.

Whether you're looking for an extra bedroom, a functional layout, outdoor space, or a location that keeps you close to work, schools, and amenities, having more options makes it easier to focus on what matters most to you.

And let's be honest — buying a home is a big decision. Having time to think things through can make the experience feel a whole lot less stressful!

What Does a Balanced Market Mean for Buyers?

With row home inventory sitting above long-term averages, market conditions have become more balanced than they were during the competitive seller's market of recent years.

For buyers, that can create opportunities.

Sellers may need to be more realistic about pricing, and buyers may have greater flexibility when negotiating price, conditions, possession dates, or other terms of an offer.

Of course, every property is different. A well-priced home in a desirable location can still attract strong interest, while another property may sit on the market longer.

That's why looking beyond the asking price is so important. Recent comparable sales, competing listings, property condition, and days on market can all help you understand whether a home represents good value.

Our approach is to look at the numbers, understand the competition, and help you make an informed decision — not simply rush into a purchase because a property looks appealing online.

An Attractive Entry Point Into Homeownership

Row homes continue to offer an appealing option for buyers who want more space than a typical apartment may provide without taking on the cost of a detached home.

Depending on the property, you may find multiple bedrooms, additional living space, a private outdoor area, and practical features that work well for everyday life.

Row housing can be a great fit for first-time buyers, young families, couples looking to move up from a condo, or anyone hoping to find a home that balances affordability with functionality.

However, affordability isn't just about the purchase price. It's also important to consider condo or homeowners association fees, property taxes, insurance, utilities, maintenance costs, and the condition of the property.

Taking the time to understand the full picture can help you choose a home that works for your budget today and your goals for the future.

Is Now a Good Time to Buy?

There isn't one perfect time to buy a home. The right time depends on your finances, lifestyle, plans, and comfort level.

However, a market with more selection and greater negotiating opportunities can be an excellent time to explore what's available, especially if you've been waiting for the market to become less competitive.

You don't need to have everything figured out before starting the conversation. Sometimes, the first step is simply understanding what your budget can buy, which neighbourhoods might suit you, and what to look for when comparing properties.

That's where having the right support can make a difference.

Let's Find the Right Fit for You

At Russell Realty with CIR Realty, we believe buying a home should be about more than finding a property. It's about finding the right fit for your lifestyle, your priorities, and your future.

Carl and I would love the opportunity to walk alongside you on your home-buying journey. Whether you're just starting to explore your options or you're ready to get serious, we're here to answer your questions, help you understand the market, and guide you through the process.

More choice means more opportunity — and your next home might be closer than you think!

Reach out anytime. We'd love to chat about what you're looking for and help you take the next step when you're ready.

If you've been keeping an eye on the Calgary real estate market, you've probably noticed that things are changing. After several years of strong demand and competitive conditions, Calgary is moving toward a more balanced market in 2026.

But here's something important to understand: Calgary doesn't have just one real estate market anymore.

The opportunities available to you can look very different depending on whether you're buying or selling a detached home, a townhouse, or a condo apartment. Your neighbourhood, price range, and property type all play an important role in determining what's happening in your corner of the market.

Let's take a closer look at what this means for Calgary buyers and sellers as we reach the halfway point of 2026.

Condo Buyers Are Seeing More Opportunities

One of the biggest changes this year has been in Calgary's apartment condominium market.

Increased inventory and softer prices have created more options for buyers who may have felt priced out or overwhelmed by competition in previous years.

According to the Calgary Real Estate Board's June 2026 housing report, apartment-style homes were experiencing buyer's-market conditions, with nearly five months of supply. The apartment benchmark price was approximately $299,000, down nearly 9% compared with June 2025.

For buyers, this can mean more time to consider your options, compare properties, review condo documents, and negotiate terms that work for you.

Perhaps you're a first-time buyer looking to get into the market. Maybe you're considering downsizing from a larger family home, or you're looking for a property that better suits your current lifestyle.

Whatever your situation, the increased selection may create opportunities worth exploring.

Of course, buying a condo involves more than just the purchase price. Condo fees, reserve fund health, upcoming building repairs, bylaws, and the overall financial stability of the condominium corporation should all be part of your decision.

More choice is a good starting point, but buying the right property is what matters most.

Detached Homes Are Telling a Different Story

While apartment buyers are seeing more choice, Calgary's detached home market has remained relatively stable by comparison.

The June 2026 benchmark price for detached homes was approximately $750,500, about 1% below the same time last year. Overall conditions remained relatively balanced, although some communities continued to experience tighter supply than others.

For sellers, this means there may still be solid opportunities to sell, particularly when your home is well presented and priced appropriately for its specific market.

However, buyers are paying attention to value. They have access to more information, are comparing their options carefully, and may be less willing to stretch their budgets without a compelling reason.

For buyers searching for a detached home, the experience will depend heavily on location, price range, condition, and competition. Some homes may attract strong interest, while others may offer room for negotiation.

This is why looking at Calgary's overall average or benchmark price only tells part of the story.

A detached home in one community can be experiencing very different market conditions from a similar property across the city.

What About Townhomes and Row Homes?

Townhomes and row homes sit somewhere between the detached and apartment markets, and they're worth watching closely.

These properties can appeal to first-time buyers, growing families, and people who want more space without the cost of a detached home.

In June, Calgary's row-home market had nearly three and a half months of supply, with inventory levels remaining above long-term trends. The benchmark price was approximately $422,900, down around 7% from June 2025.

For buyers, additional selection can mean more opportunities to compare layouts, locations, features, and monthly ownership costs.

For sellers, competition matters. Buyers may be comparing your property not only with other resale townhomes but also with newly built homes offering different incentives, finishes, or possession timelines.

Understanding what makes your particular property stand out is an important part of developing the right pricing and marketing strategy.

What Does a More Balanced Market Mean for You?

A more balanced market doesn't mean that buying or selling is suddenly easy. It means the relationship between supply and demand is changing, and both buyers and sellers need to adjust their expectations.

If you're buying, you may have more time to explore your options, ask questions, include appropriate conditions, and negotiate where the market supports it. The key is understanding when you have room to negotiate and when a desirable property may still attract competition.

If you're selling, preparation and pricing are especially important. Buyers are comparing properties carefully, so presentation, marketing, and a realistic understanding of competing listings can make a meaningful difference.

If you're thinking about downsizing, this changing market may be an opportunity to explore what your current home could sell for and what your next home might cost. Looking at both sides of the move together can help you make a more informed decision.

And if you're simply curious about your home's current value, understanding the market now can help you plan for the future, even if moving isn't on your radar.

Why Local Real Estate Knowledge Matters More Than Ever

One of the biggest takeaways from the first half of 2026 is that broad market headlines don't tell the whole story.

Your neighbourhood, property type, price range, condition, and competition all influence what buyers are willing to pay and how long a home may take to sell.

That's why we believe real estate should always begin with a conversation, not a sales pitch.

At Russell Realty with CIR Realty, We believe in helping people understand their options, look at the numbers, and make decisions that fit their lives. Whether you're planning a move soon or simply keeping an eye on the market, we're happy to help you make sense of what's happening.

Because real estate isn't just about buying and selling houses. It's about finding the right fit for the next chapter of your life.

Thinking about buying, selling, or wondering what your home might be worth in today's Calgary market?

Reach out anytime. We'd love to chat, answer your questions, and help you understand what's happening in your neighbourhood.

Carl & Gwen Russell | Russell Realty with CIR Realty

Calgary & surrounding areas

Market note: This article reflects information available around July 13, 2026, using the Calgary Real Estate Board's June 2026 market report. Market conditions and prices vary by community and property type and may have changed since publication.