CMHC: Calgary asking rents are falling, but tenants still feel the squeeze
New supply has pushed down asking rents for new leases, yet affordability for existing tenants worsened more in Calgary and Halifax than elsewhere.
News & Insights
Market News – Page 3
Monthly Calgary housing market updates: benchmark prices, sales and inventory, explained by Berg Estate Team (Tom Berg, eXp Realty).
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Cochrane sales keep rising: Airdrie, Cochrane and Okotoks in May
Unlike most areas, Cochrane sales are above last year and long-term trends, and prices are up $25,600 since January. Okotoks prices dipped in May.
Calgary housing market, May 2026: apartment prices ease as supply stays high
Inventory is 11% above long-term trends, driven by apartments and row homes, while detached supply is below trend. Detached prices are up $23,800 since January.
Calgary mails 2026 property tax bills: due June 30
About 42% of each residential tax dollar goes to the Province. If your bill has not arrived by June 1, contact 311: the penalty still applies.
Airdrie, Cochrane and Okotoks in April: prices rise in all three
All three towns posted monthly price gains in April. Cochrane sales are up 6% this year, and Okotoks prices are back to last April's level.
Detached homes: a seller’s market in Calgary’s North West, West and South
Less than two months of supply in the North West, West and South pushed detached prices up, while the North East favoured buyers. The gap is now ten points.
Calgary housing market, April 2026: balanced, except for apartments
Sales and inventory rose with the season. Months of supply stayed just under three overall, ranging from about two for detached homes to over four for condos.
Bank of Canada holds at 2.25% and looks through the oil price jump
The Bank kept its rate unchanged for a fourth time and said it will not let higher energy prices become persistent inflation.
Calgary council votes 12–3 to repeal blanket rezoning
Most residential lots will return to their pre-2024 zoning on August 4, 2026. Projects already approved or applied for are exempt.
Airdrie, Cochrane and Okotoks after the first quarter of 2026
Airdrie stayed balanced at three months of supply, Cochrane's listings outpaced sales, and Okotoks moved away from extremely tight conditions.
Calgary housing market, March 2026: spring starts, trends split by type
Sales, listings and prices all rose from February as spring began. Detached homes had just over two months of supply; apartment inventory neared a 2008 record.
Calgary sets 2026 property tax rates: most of the increase is provincial
The provincial portion of Calgary's property tax rose by $212 million, or 20.4%. For a typical home that is $338 more a year, versus $49 for the City share.