2026 Q2 · Alberta
Calgary Home Appraisal Market Report
In-migration cycle keeps all segments at or near record benchmarks; new SE/SW community supply finally catching demand.
Snapshot
Key benchmarks
Benchmark detached
$782K
+5.4% YoY
Benchmark condo apartment
$346K
+3.9% YoY
Months of inventory
1.9
+0.3 YoY
Sales-to-new-listings ratio
68%
−4pts YoY
Avg days on market
18
+2 days YoY
What it means for appraisals
Implications this quarter
- •Builder/model match precision matters more than usual in active new-build communities.
- •Rocky View acreage comparable depth tightening — wider geographic radius required.
- •Insurance replacement-cost values up sharply post-2024 hail season.
Order mix
Why people order in Calgary
Purchase mortgage36%
In-migration.
Refinance24%
Acreage14%
Rocky View, Foothills.
Estate10%
Insurance replacement-cost9%
Other7%
Watch items
On the horizon
- •ARB complaint deadlines early March.
- •Hail insurance market — roof-age driven non-renewal events.
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