The Calgary Real Estate Board (CREB®) is excited to announce the release of its 2026 Forecast Calgary and Region Yearly Outlook Report.

This comprehensive report, prepared by CREB® Chief Economist Ann-Marie Lurie, provides an in-depth analysis of Calgary's economic and housing market trends for the upcoming year. 

The 2026 report highlights how rising starts over the past several years are translating into supply growth at a time when demand is shifting due to slowing migration and shifting economic conditions.   

“In 2025, the market transitioned from one that favoured the seller to more balanced conditions, as improving supply in the new home, rental and resale markets occurred just as demand returned to more typical levels. This took much of the pressure off home prices last year, especially in the apartment and row segments,” said Ann-Marie Lurie, Chief Economist at CREB®.  

Lower migration levels, stable employment and interest rates are expected to prevent any substantial change in demand in 2026. However, supply pressures are expected to continue as 26,000 units that are currently under construction are completed over the new few years. 

“Much of the supply growth will be apartment-style rental and ownership units, and while starts are expected to ease this year, it will take time to absorb the supply, considering the weaker migration levels. Ultimately, this will continue to place downward pressure on prices for apartment- and row-style homes. Meanwhile, conditions are more balanced for detached and semi-detached homes, supporting relative price stability for those homes,” Lurie added. 

The report also notes there are several factors that could impact the housing market over the next few years. The recently signed memorandum of understanding (MOU) between the federal and provincial government provides upside risk to the forecast, as shifts in federal regulatory barriers affecting the energy sector may encourage both confidence and investment in Calgary. On the downside, the renegotiation of the Canada-United States-Mexico Agreement (CUSMA) this year could create additional uncertainty. Combined with lower energy prices, this could potentially slow positive momentum in business investment activity. 

Click here to read the full CREB® 2026 Forecast Calgary and Region Yearly Outlook Report.

Calgary is the sixth best city to live in Canada (16 spots ahead of Edmonton!), according to Numbero’s 2026 Quality of Life Index, which compares hundreds of cities around the world and ranks them based on everything from affordability and climate to health care, safety and even traffic.

With a population of over 1.7 million, Calgary has 200 neighbourhoods to choose from. As this is the month for love, we did some research and found the top five neighbourhoods that Calgarians love, to live in or visit. 

1. Inglewood (SE)

As Calgary's oldest neighbourhood, Inglewood is also home to art galleries, international food restaurants, boutiques, the bird sanctuary, and a vibrant night market in the summer. It's a neighbourhood with a soulful atmosphere that captivates families, creatives and nature lovers alike.

2. Beltline (City Centre)

With a walkable score of 91, the Beltline offers access to over 100 restaurants, lounges and cafes, as well as parks, shops, amenities, and lively murals that uplift the street energy all year long. You can witness the community spirit on a hockey night, walking down the “Red Mile” from the Scotiabank Saddledome to the trendy section of 17th Avenue. 

3. Kensington (NW)

Kensington offers many gems for residents and visitors alike. With numerous businesses and an easy access to transit, the Bow River and Downtown, as well as a cat café and an historic cinema– there’s never a dull day in the neighbourhood. 

4. Bowness (SW)

Bowness is loved by Calgarians due to its diversity, wonderful local businesses, memorable landscapes and numerous opportunities for outdoor recreation thanks to the iconic Bowness Park. During the winter, Bowness Park becomes a winter wonderland with its lagoon transforming into a 1.6 km ice skating trail. In the summer, there’s plenty of space for jogging, canoeing, and mingling among the various picnic tables, surrounded by lush trees. 

5. Saddleridge (NE)

A favourite for young families, Saddleridge is a community that continues to grow. With a variety of schools, easy access to transit and to the airport, the Saddlecreek Ponds and Bear Park, Saddleridge is also home to the Genesis Centre, which hosts a variety of cultural celebrations and events throughout the year.