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Calgary home sales drop 15.3% in October 2026: real estate board

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Digital, G. (2026, November 2). Calgary home sales drop 15.3% in October 2026: real estate board. Global News. https://globalnews.ca/news/12130515/calgary-home-sales-drop-15-3-in-october-2026-real-estate-board/

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Global News · collected 2026-11-02 · by Globalnews Digital

Quick Summary

In October 2026, Calgary experienced a decline of 15.3% in home sales compared to the previous year, with the residential benchmark price dropping by 0.4% to $564,200. The Calgary Real Estate Board attributes the pricing pressure mainly to higher-density housing types due to oversupply, noting that apartment-style homes saw a 7.9% decrease and row-style properties declined by 5.1%, while detached and semi-detached home prices remained relatively stable.
Written by AI on 2026-11-03, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

In October 2026, home sales in Calgary dropped by 15.3% compared to the same month in 2025, according to The Calgary Real Estate Board. The residential benchmark price fell slightly by 0.4% to $564,200. Chief economist Ann-Marie Lurie attributes this trend mainly to an oversupply of higher-density housing types like apartments and row homes, which saw significant year-over-year declines in prices: apartment-style homes down 7.9% to $288,800, and row-style properties decreasing by 5.1% to $407,500. In contrast, detached home prices only dipped by 0.7% to $735,100, while semi-detached homes saw a slight increase of 0.8% to $685,200. New listings also decreased by 9.4%, with total inventory standing at 4.6% lower year-over-year, totaling 6,173 homes for sale in October.

Written for “Calgary Home Sales Drop” on 2026-11-03, grounded in this article and the 0 other(s) covering the same event.

Story

📰 Calgary Home Sales Drop
Economy/Business · 1 article(s) covering the same event.

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Claims extracted
6
sentences that state something as happening or true
Uncertain
0%
0 of 6 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
63/100
Global News's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-11-03 · how these are computed

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Source leaning vs. consistency

Publisher

Global News · 2679 article(s) · 11 correction(s) detected
Running correction rate · 11 correction(s)

Who wrote this

Globalnews Digital
714 article(s) here · 0 carrying a prediction
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Topics

Calgary The Calgary Real Estate Board

Subjects

Ann-Marie Lurie PERSON · 1× Calgary GPE · 1× The Calgary Real Estate Board ORG · 1×

Narrative

The board’s chief economist Ann-Marie Lurie says much of the pressure on pricing is concentrated in higher-density housing types due to oversupply, while detached and semi-detached prices have remained more stable.
framing: assertive · carried by 1 article(s) · first seen 2026-11-03
2026-11-03 · Global News
Calgary home sales drop 15.3% in October 2026: real estate board · assertive framing

Claims (6 extracted, 0 hedged)

The number of homes that changed hands in Calgary last month dropped 15.3 per cent compared with October 2025 as prices ticked lower overall. asserted
prices → change → October
The Calgary Real Estate Board says there were 1,592 home sales in October, as the residential benchmark price fell 0.4 per cent to $564,200. asserted
price → say → 564,200
The board’s chief economist Ann-Marie Lurie says much of the pressure on pricing is concentrated in higher-density housing types due to oversupply, while detached and semi-detached prices have remained more stable. asserted
prices → say → oversupply
Get weekly money news Apartment-style homes saw a year-over-year price decline of 7.9 per cent to $288,800, and row-style properties were 5.1 per cent less expensive at $407,500 last month. asserted
properties → get → 407,500
Detached home prices dipped 0.7 per cent to $735,100, while semi-detached prices moved 0.8 per cent higher compared with October 2025 to $685,200. asserted
prices → dip → 685,200
There were 2,928 new listings on the market in October, down 9.4 per cent from a year earlier, while total inventory was 4.6 per cent lower year-over-year to 6,173 homes for sale. asserted
inventory → be → sale
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