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October 2026 Market Update:

Supply Levels Ease as We Move Into Winter
October brought a seasonal slowdown across Calgary, with sales, new listings and inventory declining. Market conditions continue to vary by location and property type. Detached and semi-detached homes remain relatively balanced, while townhomes and condos face greater competition and price pressure.

• Calgary: 1,592 sales | $564,200 benchmark | 3.88 months of supply. Detached homes remain balanced, while higher-density properties favour buyers.

• Airdrie: 113 sales | $502,500 benchmark | 4.08 months of supply. New construction and competing inventory continue to pressure resale prices.

• Cochrane: 62 sales | $571,100 benchmark | 5.82 months of supply. Rising inventory provides buyers with more choice.

• Okotoks: 45 sales | $600,100 benchmark | 3.04 months of supply. Conditions remain relatively balanced, with less price pressure.

Buyers
▪️ More selection in townhomes and condos creates opportunities.
▪️ Higher-inventory markets may offer greater negotiating flexibility.
▪️ Conditions vary by community, property type and price range.

Sellers
▪️ Competitive pricing from the start is essential.
▪️ Presentation, condition and effective marketing matter.
▪️ Detached homes remain relatively balanced, but competition varies by location.

As we move into winter, understanding local market trends is key. Thinking about buying or selling? Let's look beyond the headlines and see what's happening in your neighbourhood.

Rene Simpson | Realtor®
Legacy Real Estate Services
renesimpson.realtor@gmail.com

renesimpsonrealty.ca | 403-901-5526
Airdrie, Calgary & Area Realtor®

Market data provided by CREB®. Information deemed reliable but not guaranteed.
#CalgaryRealEstate #AirdrieRealtor #YYCRealEstate #MarketUpdate

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September 2026 Market Update

Detached Sales Improve, While Buyers Continue to Have More Choice.
September sales remained relatively steady across Calgary, with stronger detached activity helping offset the typical seasonal slowdown. Market conditions continue to vary considerably depending on location, property type and price range, with detached homes remaining relatively balanced while higher-density properties face more competition.

• Calgary: 1,650 sales | $566,700 benchmark | 3.93 months of supply. Detached sales improved, while row homes and condos continue to favour buyers.
• Airdrie: 115 sales | $505,800 benchmark | 4.17 months of supply.
• Cochrane: 68 sales | $575,400 benchmark | 5.19 months of supply.
• Okotoks: 56 sales | $606,800 benchmark | 2.18 months of supply, remaining one of the tighter markets in the region.

Buyers
▪️ More selection continues to provide buyers with time to compare their options.
▪️ Townhomes, condos and higher-inventory areas may offer greater negotiating opportunities.
▪️ Market conditions vary significantly — the right strategy depends on where and what you're buying.
Sellers
▪️ Pricing correctly from the start remains increasingly important.
▪️ With buyers having more options, presentation, marketing and condition continue to matter.
▪️ Detached homes remain relatively balanced, but competition varies considerably by community and price range.

Thinking about buying or selling? Let’s look beyond the headlines and see what’s actually happening in your neighbourhood, property type and price range.

Rene Simpson | Realtor®
Legacy Real Estate Services
renesimpson.realtor@gmail.com
| renesimpsonrealty.ca | 403-901-5526
Airdrie, Calgary & Area Realtor®

Market data provided by CREB®. Information deemed reliable but not guaranteed.

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August 2026 Market Update

Slower Sales, More Choice & A Market That Varies by Property Type
August continued the 2026 trend of softer sales activity across Calgary and surrounding communities. Buyers generally have more time and negotiating room, but market conditions vary considerably depending on location, property type and price range.

• Calgary: 1,660 sales | $569,800 benchmark | 3.92 months of supply. Condos continue to favour buyers.
• Airdrie: 137 sales | $508,800 benchmark | 3.77 months of supply.
• Cochrane: 94 sales | $570,200 benchmark | 3.41 months of supply.
• Okotoks: 55 sales | $608,400 benchmark | 2.42 months of supply, remaining one of the tighter markets in the region.

Buyers
▪️ More selection and less urgency in many parts of the market.
▪️ Condos and higher-inventory areas may offer greater negotiating opportunities.
▪️ Not every market is the same — the right strategy depends on where and what you're buying.

Sellers
▪️ Pricing correctly from the start is increasingly important.
▪️ Buyers have more options, making presentation, marketing and condition matter.
▪️ Well-positioned homes can still stand out and sell in today’s market.

Thinking about buying or selling? Let’s look beyond the headlines and see what’s actually happening in your neighbourhood and price range.

Rene Simpson | Realtor®
Legacy Real Estate Services
renesimpson.realtor@gmail.com
| renesimpsonrealty.ca | 403-901-5526
Airdrie, Calgary & Area Realtor®

Market data provided by CREB®. Information deemed reliable but not guaranteed.

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Market update July 2025 Update

More Supply = Softer Prices
We’re seeing the impact of economic uncertainty, politics, tariffs, and no further Bank of Canada rate cuts have created hesitation. Combined with increased competition from new construction, buyers are more cautious, and sellers are adjusting.

Inventory levels in Calgary hit 6,917 units, the highest since pre-pandemic days — thanks mostly to new construction in expanding communities.

Benchmark Price Down 4% from last year’s peak (June 2024), with apartment and row homes seeing the steepest drops — especially in the NE and North districts.

July Stats:
• 2,099 sales (down 12% YoY)
• 3,911 new listings (up 8% YoY)
• Apartments = most oversupplied at 4+ months
• Detached/Semi = relatively balanced at 3 months

Reminder: Despite the softening, prices are still well above pre-2021 levels in most areas!

Airdrie Market Update:
-Sales Down 14% YoY, mainly in apartment and row homes
- Inventory up to 543 units – highest July since 2018
- Months of supply above 3 = slight pressure on prices
- Benchmark price: $532,800 (down ~4% YoY)

Prices still holding relatively steady on a year-to-date basis.

Cochrane Market Update:
-Sales remain strong, only down 2% YTD and still 23% above long-term trends
-New listings hit record high for July, pushing inventory up
-Benchmark price: $590,000 – up 2% YoY, and up 4% YTD

-Still one of the more resilient markets in the region.

Curious how this impacts your property value or buying power? Contact me.

Rene Simpson | Realtor® / Real Estate Associate
Legacy Real Estate Services
Renesimpson.realtor@gmail.com
renesimpsonrealty.ca
403-901-5526
Airdrie, Calgary and area Realtor®

Market data provided by CREB® Info. is deemed reliable but not guaranteed. Stats are for informational purposes only and may not reflect current market conditions.

All content produced under this ad is the sole property of Rene Simpson | Legacy Real Estate Services
© 2025 Rene Simpson. All rights reserved.

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June 2026 Market Update

Inventory Continues to Grow, Creating More Balanced Conditions
June brought a modest increase in sales while inventory remained elevated across Calgary and surrounding communities. Buyers continue to benefit from more choice, particularly in apartment-style homes, while detached homes in many areas continue to hold their value thanks to tighter supply.

• Calgary: 2,197 sales, benchmark price $572,500, with 3.09 months of supply overall market remains balanced.

• Airdrie: 130 sales, 275 new listings and 538 active listings. Inventory continues to rise, giving buyers more options while benchmark prices remain relatively stable at $516,900.

• Cochrane: Inventory eased slightly, but demand remains healthy with 98 sales and a benchmark price of $580,200.

• Okotoks: Continues to be one of the region's strongest markets with only 2.33 months of supply, helping keep prices stable at $618,600.

Buyers
▪️ More inventory means more homes to choose from
▪️ Apartment and condo buyers continue to have the strongest negotiating power
▪️ Detached homes in desirable neighbourhoods are still selling well

Sellers
▪️ Accurate pricing is more important than ever
▪️ Well-presented homes continue to attract buyers
▪️ Professional marketing helps your home stand out in a more competitive market

Thinking about buying or selling in 2026?
I'd love to help you understand what today's market means for your neighbourhood, your home and your goals.

Rene Simpson | Realtor®
Legacy Real Estate Services
renesimpson.realtor@gmail.com
| renesimpsonrealty.ca | 403-901-5526

Airdrie, Calgary & Area Realtor®
Market data provided by CREB®. Information deemed reliable but not guaranteed.
#CalgaryRealEstate #AirdrieRealtor #YYCRealEstate #MarketUpdate

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BOC Rate Interest Rate Hold continues at 2.25%

The Bank of Canada announced today that it is holding its overnight rate at 2.25%, marking another rate hold as policymakers continue to monitor inflation, economic growth, and global uncertainty.

What does this mean for real estate?

  • Buyers can continue planning with greater confidence knowing borrowing costs remain stable.

  • Sellers benefit from a market where buyers aren't facing sudden increases in financing costs.

  • Variable-rate mortgages and HELOCs remain unchanged, with prime lending rates holding around 4.45%.

While interest rates are only one piece of the puzzle, stability in the lending environment continues to support a balanced real estate market.

Thinking about buying, selling, or refinancing? Let's discuss your options and create a plan that works for you.

Rene Simpson | Realtor®
Legacy Real Estate Services
403-901-5526 |  renesimpson.realtor@gmail.com
renesimpsonrealty.ca

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May 2026 Market Update


Balanced Market Conditions Continue as Inventory Builds

May brought another increase in inventory across Calgary and surrounding communities, giving buyers more options and creating more balanced market conditions. Detached homes continue to show resilience with limited supply supporting prices, while apartment-style condos remain the most buyer-friendly segment due to elevated inventory levels.

• Calgary recorded 2,162 sales, Benchmark Price: $570,500, 3.12 months of supply.

• Airdrie saw 164 sales and 307 new listings, with inventory increasing to 519 homes. The market remains balanced with 3.16 months of supply and a benchmark price of $515,000. While prices have improved from January, they remain about 5% below last year's levels as buyers continue to benefit from increased choice.

• Cochrane: continues to outperform many surrounding markets, recording 115 sales and 188 new listings.

• Okotoks: One of the tighter regional markets with a benchmark price of $618,900 and only 2.44 months of supply.

Buyers:
▪️ More inventory means more selection and less pressure to rush decisions
▪️ Condo and townhouse buyers continue to have the strongest negotiating power
▪️ Detached homes in desirable neighbourhoods are still attracting strong interest

Sellers:
▪️ Strategic pricing remains key in today's market
▪️ Well-presented homes continue to stand out and sell
▪️ Buyers are more selective, making professional marketing more important than ever

Thinking about making a move in 2026? I'd be happy to help you understand what these market trends mean for your neighbourhood, property type, and goals.

Rene Simpson | Realtor®
Legacy Real Estate Services
renesimpson.realtor@gmail.com
| renesimpsonrealty.ca | 403-901-5526
Airdrie, Calgary & Area Realtor®

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April 2026 Market Update

Balanced Conditions Continue with More Buyer Choice Emerging

April saw a continued rise in inventory and listings as we move deeper into the spring market. Overall conditions remain balanced, though trends continue to vary by property type. Detached homes remain the tightest segment with limited supply supporting prices, while apartment-style condos are firmly in buyer-favouring territory due to higher inventory levels.

- Calgary, the benchmark price reached $568,800, showing a modest monthly increase, but still down approximately 3–4% compared to last year. Sales totaled 2,104 units, with inventory rising to 5,973 homes and months of supply sitting at 2.84 months, keeping the market balanced.

-Airdrie recorded 151 sales and 299 new listings, with inventory rising to 494 homes. Conditions remain balanced with 3.27 months of supply, and a benchmark price of $516,700, slightly up from last month but still lower year-over-year.

-Cochrane continues to show steady activity with a benchmark price of $569,200, while Okotoks remains one of the tighter surrounding markets with pricing at $627,600.

Buyers
▪️ More inventory = more choice, especially in condos and row homes
▪️ Increased negotiating power in higher supply segments
▪️ Detached homes in desirable areas still require strong offers

Sellers
▪️ Pricing strategically is more important than ever
▪️ Homes that show well and are marketed properly are still selling
▪️ Spring market momentum is here, but buyers are more selective

Considering a move in 2026? I’d love to help you break down what these trends mean for your specific neighbourhood and property type.

Rene Simpson | Realtor®
Legacy Real Estate Services
renesimpson.realtor@gmail.com
| renesimpsonrealty.ca | 403-901-5526
Airdrie, Calgary & Area Realtor®

Market data provided by CREB®. Information deemed reliable but not guaranteed.

#CalgaryRealEstate #AirdrieRealtor #YYCRealEstate #MarketUpdate

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Interest Rate Hold at 2.25%

The Bank of Canada has held the overnight rate at 2.25%,  no change since October.

What this means:
• Buyers: Stability = easier planning & confidence to move forward
• Sellers: Consistent rates help keep buyer activity strong this spring

Prime remains at 4.45%, so no change for variable mortgages or HELOCs (Home Equity Line of Credit).
Next update: June 10th

If you’ve been waiting for the right time, this steady window could be your opportunity. Let’s chat!

Rene Simpson | Realtor®
Legacy Real Estate Services
403-901-5526 |  renesimpson.realtor@gmail.com
renesimpsonrealty.ca

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March 2026 Market Update

Balanced Market — But Varying by Property Type

March brought increased activity as we move into the spring market, with more listings and inventory coming online. Overall conditions remain balanced, though trends continue to vary depending on property type. Detached homes remain the tightest segment with limited supply supporting prices, while row homes and apartment-style condos are seeing higher inventory and more buyer-friendly conditions.

-Calgary, the benchmark price reached $565,600, slightly up from February but still over 4% below last year.
- Airdrie recorded 135 sales and 251 new listings, keeping conditions balanced with a benchmark price of $512,800.
- Cochrane remains balanced, with benchmark pricing at $561,200.
- Okotoks continues to show tighter supply, with the benchmark price at $618,100.

Buyers
▪️ More inventory means increased choice, especially in condos and row homes
▪️ Greater negotiating power in higher supply segments
▪️ Detached homes in desirable areas remain competitive

Sellers
▪️ Strategic pricing is key as inventory rises
▪️ Well-presented homes continue to stand out
▪️ Spring market activity is building with more listings coming on

Considering a move in 2026? I’m happy to help you understand what these trends mean for your specific neighbourhood and property type.

Rene Simpson | Realtor®
Legacy Real Estate Services
renesimpson.realtor@gmail.com
| renesimpsonrealty.ca | 403-901-5526
Airdrie, Calgary & Area Realtor®

Market data provided by CREB®. Information deemed reliable but not guaranteed.

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Interest Rate held at 2.25%

This morning, the Bank of Canada held its overnight rate at 2.25% (prime remains 4.45%) no change since October 2025.

With ongoing global uncertainty, the Bank is taking a cautious approach. For our Calgary & Airdrie market, this means stability in borrowing costs for now giving buyers confidence and sellers a more balanced, steady environment.

We’re continuing to see thoughtful buyers, steady demand, and opportunities on both sides of the market.
Next rate announcement: April 29, 2026

Have questions about what this means for your move? I’m always here to chat!

Rene Simpson | Realtor®
Legacy Real Estate Services
403-901-5526
renesimpsonrealty.ca

#marketupdate #interestRates #homebuyers #realestatetips

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February 2026 Market Update

Balanced Conditions Across the Region
February brought a more balanced real estate market across Calgary and surrounding communities, though conditions continue to vary by property type. Detached and semi-detached homes remain the tightest segments with limited supply, while apartment-style condos are seeing higher inventory and more buyer-friendly conditions.

In Calgary, the benchmark price reached $560,500, slightly higher than January but still 4% below last year.

Airdrie recorded 122 sales and 236 new listings, keeping conditions balanced with a benchmark price of $512,200.
Cochrane also saw balanced activity, with prices at $563,500.
Okotoks continues to show tighter supply, with the benchmark price rising to $612,300.

Buyers
▪️ More choice in some segments, especially condos
▪️ Increased negotiating opportunities in higher-inventory markets
▪️ Detached homes under $700K remain competitive

Sellers
▪️ Strategic pricing is key as buyers compare resale and new builds
▪️ Well-presented homes continue to attract attention
▪️ Spring activity is beginning to build

Considering a move in 2026? I’m happy to help you understand what these trends mean for your specific neighbourhood and property type.

Rene Simpson | Realtor®
Legacy Real Estate Services
renesimpson.realtor@gmail.com
| renesimpsonrealty.ca | 403-901-5526

Airdrie, Calgary & Area Realtor®

Market data provided by CREB®. Information deemed reliable but not guaranteed.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.