This week, we're looking into the crystal ball at what Calgary's housing market might do in 2026, and not everyone agrees on the forecast.

We're also digging into which quadrants are seeing price drops, a home with a front-row seat to the city skyline, and digging into why now might be the time to sell your condo.

Let’s jump in.

What This Means: Activity picked up this week as the market settles into its usual mid-January rhythm, with sales improving and homes moving a bit quicker than earlier in the month.

The jump in the average price isn’t a sudden shift in values, but a reflection of more higher-priced homes closing recently. For buyers, it suggests competition is gradually returning after the holiday lull, while the modest increase in listings means there’s still breathing room and more options to choose from.

If you’ve been trying to read the tea leaves of Calgary’s housing market, you’re in luck. Two of Canada’s real estate heavyweights just released their predictions for 2026, and while they don’t entirely agree on the details, the big picture is one of cautious optimism. After a year of cooling sales and post-pandemic normalization, it seems Calgary’s market is gearing up for a steady, if not dramatic, rebound.

Think of it as a friendly debate between your most knowledgeable real estate friends. In one corner, you have Royal LePage, which is calling for a modest but firm rebound. They predict the aggregate price of a home in Calgary will climb by 1.5% to just over $701,000. The real winner in their forecast? The single-family detached home, which they see jumping by 3% to an average of nearly $829,000.

In the other corner, Re/Max offers a more conservative take. They’re forecasting a balanced market where prices and sales hold steady, suggesting the frantic pace of the last few years will give way to a more stable environment. This could be good news for buyers who have been feeling rushed, giving them a bit more breathing room to make decisions.

Despite the different numbers, both reports highlight a crucial advantage: Calgary’s affordability. Compared to the sky-high prices in Vancouver and Toronto, our city remains a magnet for Canadians seeking a better quality of life without breaking the bank. This migration is a key factor propping up demand.

Fueling this is Alberta's robust economy. A recent ATB report projects the province's economy will grow by 2.1% in 2026, outpacing the national average of 1.6%. More jobs and a growing economy mean more people will have the confidence and the cash to enter the housing market.

Looking ahead, Calgary’s housing market appears to be on solid ground. While the explosive growth might be behind us, the foundation is strong for steady, sustainable appreciation.

And in the world of real estate, steady is often the best kind of exciting.

It’s not every day you find a home that’s both a modern architectural statement and a front-row seat to the best views in Calgary. This six-bed, five-bath home in Crescent Heights does just that. This 5,050-square-foot property offers unobstructed panoramic views of the downtown skyline, the Bow River, and the Rocky Mountains. The home itself is a masterpiece of precision design, with a sculptural facade, a chef’s kitchen featuring Miele appliances and a waterfall quartz island, and a private elevator that services every level.

With features like a heated patio with retractable screens, a corner library with a fireplace, and a spa-like ensuite with heated floors, this home is designed to be a sanctuary. For buyers in this segment, it’s a reminder that you don’t have to choose between a downtown-adjacent lifestyle and a mountain view. And for the rest of us, it’s a glimpse into what it looks like when a home is designed to be a destination in itself.

“We're only two weeks into January, but the market is already showing strong demand. We've already seen 28 homes sell at or above their list price this past week, which tells me the buyers are here and ready to go.

That said, we're not looking at the same strong seller's market for detached homes that we saw last year. The market is much more balanced, which I think is a healthy sign as we head into the spring selling season.

Where I do have some concerns is the condo market. If you've been driving around the city, you've seen all the new construction. A lot of those projects aren't completed yet, and when they are, we're going to have a significant amount of new inventory come onto the market. That new supply will almost certainly impact prices for existing condos.”