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Is Calgary’s condo market making a comeback?

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 balanced, creating favorable conditions for informed and strategic buyers. Ongoing affordability challenges in the detached home segment will likely keep condominiums in demand among first time buyers, downsizers, and real estate investors. With higher inventory levels available, competition may ease, giving buyers more negotiating power. Price growth is projected to stay moderate, with stability and gradual appreciation rather than rapid increases.

Urban condo communities, particularly in downtown, the Beltline, and transit oriented areas, are anticipated to perform more consistently. Demand from young professionals and renters seeking convenience, accessibility, and lifestyle amenities will continue to support these markets. At the same time, newer suburban condo developments may appeal to buyers searching for modern designs and competitive pricing. However, resale performance will still depend heavily on location, quality of building management, and reasonable condo fees.

Overall, 2026 is shaping up to be a year of steady and 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 great opportunities. Sellers may need to price strategically and highlight quality, upgrades, and location to stand out in a balanced and competitive real estate market.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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