Detached home prices are slipping the most in these two Calgary areas

Aug 4 2026, 7:39 pm

Detached home benchmark prices are dropping all over Calgary, and two spots even saw declines of over four per cent.

The Calgary Real Estate Board (CREB) released its July 2026 housing report, and it revealed which parts of the city have recorded the biggest drop in benchmark prices over the past year.

As a whole, Calgary saw a 1.87 per cent drop in year-over-year detached home benchmark prices to $743,900, down 0.88 per cent from June. 

The northeast saw the largest decline, dropping by 6.03 per cent year-over-year to $563,900. North Calgary recorded the second largest decline, dropping by 4.93 per cent to $647,700.

Northwest Calgary followed, seeing a decline of 3.52 per cent, with prices falling to $770,600. 

Calgary Real Estate Board

Only two quadrants of the city recorded year-over-year increases in benchmark prices, including the city centre, which saw a 0.91 per cent increase to $992,000, and west Calgary, which saw an increase of 2.31 per cent to $1,003,800, making it the most expensive spot in Calgary.

East Calgary recorded the lowest benchmark price, sitting at $490,200, a 3.47 per cent decrease from this time last year. 

Other home types, such as semi-detached homes, apartments. and row-style homes, also saw year-over-year declines in the month of July. Apartments saw the largest decline at just under nine per cent to a benchmark price of $297,600. 

Row-style homes followed, seeing a year-over-year decline of 6.10 per cent, with the benchmark price dropping to $418,500.

You can find the CREB’s full July 2026 report online.

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