Calgary's 2026 real estate market favors buyers due to increased supply from record home construction in 2024-2025 and slower migration. Elevated inventory, especially in apartments and row homes, will pressure prices downward, while single-family and semi-detached homes see stable or slight price changes. Rental vacancies will remain high, impacting rental rates and ownership transitions. Sales are expected to align with long-term trends amid slower job growth.
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