Berg Estate Team blog
Calgary real estate market news, our monthly market updates and new videos from the Berg Estate Team: Tom Berg and Valery Berg, REALTORS® with eXp Realty.
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After the repeal of citywide rezoning, the City proposes that new rowhouses in limited-scale areas need a rear lane and a location such as a corner lot, a main street or a transit station area.
Sales fell 15% on last year and inventory eased below October 2025 levels. Prices are steady for detached and semi-detached homes, while row and apartment prices keep adjusting.
Ottawa required zoning for four or more units on a significant majority of residential lots. The City says zoning was the only commitment it did not meet.
Persistently high oil prices have kept inflation near 3%, and the Bank now expects about 3.5% by year end. Variable-rate payments will rise.
The province told Edmonton to repeal its infill rules within three months and told Calgary to keep its repeal and create an overlay of restored low-density lands.
Okotoks and Chestermere prices are close to last year, Airdrie is nearly 4% lower, and new homes made up almost 30% of Cochrane listings this year.
Stronger detached sales prevented the usual September dip. Months of supply stayed just under four, and most of the price weakness is in row and apartment homes.
Growth more than doubled from the first quarter. Statistics Canada also revised earlier estimates of temporary residents upward, changing the first-quarter picture.
The refreshed strategy aims to ensure all Calgarians have an affordable place to call home. The same meeting also changed downtown density bonusing rules.
The economy rebounded strongly in the second quarter, with some recovery in housing. But the Bank warned that upside risks to inflation have increased.
Prices dipped in all four towns. Okotoks stays tight, Cochrane sales are still ahead of 2025, and Chestermere has become a clear buyer's market.
Sales and new listings kept trending below 2025, but homes over $1,000,000 sold more than last year. Apartments now have nearly six months of supply.
