Calgary’s Condo Market: 2026 Outlook

Is Calgary’s condo market making a comeback? 2% Realty Calgary explores what buyers and investors should know this year.

In 2026, Calgary’s condo market is expected to remain relatively balanced, with conditions continuing to favour informed and strategic buyers. Affordability challenges in the detached home segment are likely to keep condos attractive for first-time buyers, downsizers, and investors, while elevated inventory levels may reduce competition and allow more room for negotiation. Price growth is anticipated to be modest, with stability or gradual appreciation rather than rapid increases.

Urban condo markets - particularly downtown, the Beltline, and transit-oriented communities should continue to perform more consistently, driven by demand from young professionals and renters seeking convenience and lifestyle amenities. At the same time, newer suburban condo developments may appeal to buyers looking for modern features and competitive pricing, though resale performance will vary based on location, building management, and condo fees.

Overall, 2026 is shaping up to be a year of steady, sustainable conditions for Calgary’s condo sector. Buyers and investors who focus on long-term value, well-managed buildings, and strong rental demand are likely to find opportunities, while sellers may need to price strategically and highlight quality and location to stand out in a more balanced market.

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