Calgary is the most populous city in Alberta and the third most densely populated metropolis in Canada. This cosmopolitan, southern Alberta city lies at the junction of the Bow and Elbow rivers between the Rocky Mountain Foothills and the Canadian Prairies. Its proximity to the mountains makes it a great place to live for avid skiers and outdoor enthusiasts.
Calgary is the most populous city in Alberta and the third most densely populated metropolis in Canada. This cosmopolitan, southern Alberta city lies at the junction of the Bow and Elbow rivers between the Rocky Mountain Foothills and the Canadian Prairies. Its proximity to the mountains makes it a great place to live for avid skiers and outdoor enthusiasts.
Calgary enjoys the most sun of any major Canadian city. It experiences low humidity year-round, and the Chinook winds from the Pacific Ocean can warm things up for pleasant breaks in the cold weather.
With its beautiful location and thriving economy, the population continues to grow. As a result, the housing market has seen a steady rise in home prices over the last ten years.
Pre-qualify for Rent-to-own Homes
See how much home you can afford. Get a free, personalized estimate in about two minutes.
Pre-qualifying is quick, free, and won't hurt your credit score.
Calgary Real Estate Trends
Calgary’s housing market offered buyers more balanced conditions in August 2026 as sales slowed and supply remained elevated. According to the Calgary Real Estate Board’s August 2026 market update, the city recorded 1,660 residential sales, down 16 percent from August 2025. New listings declined by nearly 10 percent to 3,141 units.
Inventory reached 6,509 homes, while months of supply increased to nearly four months. Calgary’s total residential benchmark price was $569,800, remaining close to the previous month but falling approximately 1 percent year over year.
Key Calgary real estate statistics for August 2026
Residential sales: 1,660, down 16 percent year over year
New listings: 3,141, down nearly 10 percent year over year
Active inventory: 6,509 homes
Months of supply: Nearly four months
Residential benchmark price: $569,800, down 1 percent year over year
The decline in sales has not affected every part of the market equally. Homes priced above $1 million recorded stronger sales than the previous year, supported by additional detached and semi-detached inventory. Lower price ranges experienced weaker activity as improved rental availability gave some households more time before moving into homeownership.
Calgary home prices by property type
Detached homes recorded a benchmark price of $744,300, approximately 1 percent lower than in August 2025. Sales declined by 12 percent to 875 homes, while months of supply increased to just over three months.
The semi-detached benchmark price was $690,500, nearly 1 percent higher year over year. Conditions remained relatively balanced, with slightly more than three months of supply.
Row homes had a benchmark price of $415,200, down 5 percent from the previous year. Months of supply remained close to four, giving buyers more choice than they had during tighter market conditions.
Apartment condominiums offered the greatest selection, with nearly six months of supply. The apartment benchmark price fell 8 percent year over year to $295,400 and sat almost 13 percent below its August 2024 peak.
What this means for Calgary home buyers
Calgary’s market is more balanced than it was during recent periods of rapid price growth, but conditions vary considerably by property type, neighbourhood and price range. Apartment and row-home buyers generally have more selection and negotiating room, while well-priced detached and semi-detached homes may still attract strong interest in areas with limited supply.
For buyers with reliable income who need additional time to build a down payment, improve their credit or qualify for a mortgage, rent-to-own can provide another route into Calgary’s housing market. Prospective buyers can browse rent-to-own homes in Calgary while preparing for future mortgage approval.
Transportation in Calgary
Even with over 1.3 million residents, Calgary boasts the second-lowest traffic congestion and lowest commute time of all major cities in Canada. The extensive public transport system offers buses and light rail for commuters. According to surveys, approximately half of downtown Calgary workers take the light rail trains to work.
It’s also easy to get around by car, bike, or on foot. Calgary has one of the most extensive bike path and bikeway networks in North America which provide access to all areas of the city. When winter weather makes cycling impractical, you can get around town by car on the extensive road network and freeway system.
Economy in Calgary
The thriving Calgary economy provides opportunities in a variety of industries, including aerospace, agribusiness, technology, energy, life sciences, and financial services. Its relatively low taxes and cost of living make it an attractive place to live and do business. This explains why Calgary has the highest concentration of head offices in Canada.
With so much booming business activity at play, it’s not surprising that the economy in this area is expected to see more than 4% growth in 2022. Making a move to Calgary makes perfect sense for those looking for professional opportunities.
Culture in Calgary
Calgary has something to offer everyone. The city boasts a world-class selection of theaters, music venues, and museums. Sports fans can cheer on the Flames NHL franchise and the Stampeders CFL team. The city's long country music tradition and annual Calgary Stampede rodeo draw tourists from around the world.
Education in Calgary
The Calgary Board of Education runs an excellent public school system with a curriculum overseen by the state of Alberta. The government-funded Calgary Roman Catholic Separate School District is an option open to children who have at least one parent who is a practicing Roman Catholic. Many private school options are available throughout the city.
For post-secondary education, there are five universities in the Calgary area, including the
University of Calgary,
Mount Royal University,
Southern Alberta Institute of Technology,
Ambrose University, and
St. Mary's University.
These institutions offer a variety of degree programs. Calgary provides abundant job opportunities for students as they pursue their degrees and enter the professional workforce.
How Rent to Own Could be Beneficial in Calgary
Renting to own a home in Calgary is an opportunity to progress towards homeownership while potentially hedging against rising home prices during your time as a tenant. Are you interested in a house with a $460,000 price tag in today’s market but are not currently in a position to take on a mortgage? You have two options:
Option 1: Rent Now, Purchase Later
Using the 10% home value increase that Calgary experienced in the last year, the same home will probably have a price tag of $556,600 in 2 years.
Option 2: Rent-to-own with Requity Homes
You can’t see into the future, but with our rent-to-own program, you know what you'll be paying for your home in advance. Requity Homes assumes a modest 5% yearly price increase, which is a significant saving over the 10% growth Calgary home prices saw in 2021. This fixed growth factor allows you, as a renter, to benefit in a climate of rising home values. In this example, you will buy back the home at $507,150 at the end of the two years (versus $556,600 in option 1). That is over $49,000 in savings.
Taking advantage of the rent-to-own structure can be a better choice down the line than trying to save for a down payment while paying rent in a rising housing market.
“
Our biggest obstacle was being a new small business. We didn't qualify with any major banks to get a mortgage.
Customer Story
Amanda & Brad's Journey to Homeownership
Business owners who overcome mortgage challenges of entering homeownership in Sault Ste. Marie
Requity Homes offers a fresh approach to homeownership. We empower you to live in the home you dreamed of while comfortably saving up for your down payment and building your credit to increase your score.
Our innovative rent-to-own program allows you to prepare for the responsibility of a mortgage while enjoying the home you always wanted. With our low fixed price growth factor, getting to homeownership has gotten a lot more affordable than you ever expected.
Don’t let your current circumstances discourage your goal of owning a home. Choosing Requity as your partner on your homeownership journey can put your dream home within reach.
You can choose almost any move-in-ready home listed publicly or privately, as long as it meets our program criteria.
Eligible homes typically:
Are freehold single-family homes or townhouses
Are connected to municipal water and sewer
Are priced between $150,000 and $600,000
Are located in Alberta, Manitoba, Ontario, or Saskatchewan in communities with established municipal services and a population of 20,000 or more.
In some cases, newly built condo townhouses with reasonable condo fees may be approved. If approved, condo fees are added to your monthly payment.
Homes must be in good condition. Major systems such as roof, furnace, HVAC, and water heater should be within reasonable age limits. All properties are reviewed to confirm they meet our inspection and funding requirements.
We do not purchase rural properties, fixer-uppers, homes sold as-is, or properties with structural or safety concerns.
Once you are pre-qualified, you can tour homes with a partner agent or your own realtor and we will confirm eligibility before purchase.
Depending on the type of income, we will ask for different supporting documents to verify your income. Our goal is to make sure you can afford rent-to-own payments during the lease term.
Traditional employment (Hourly, Salaried or Commission)
Employment letter
Most recent pay stubs
Notice of assessment from the last two years
Bank statements for the past 6 months
Self-employed
Sole proprietorship
T1 General tax returns for the last 2 years
Notice of Assessment for the last 2 years
Business bank statements for the last 6 months
GST returns if applicable
Incorporated
T1 General tax returns for the last 2 years
Notice of Assessment for the last 2 years
Articles of Incorporation
Business bank statements for the last 6 months
Accountant prepared financial statements for the last 2 years
Corporate tax returns or CRA balance to verify corporate tax
GST returns if applicable
Pension & Disability Incomes
Proof that such payments are expected to be longer than three years
Alimony & Child Support
Proof that such payments have been made consistently in the past 6 months
What is the interest rate?
There is no interest rate during the rent-to-own term because this is not a mortgage.
When you are ready to buy the home, most clients get a mortgage from a lender to complete the purchase.
All content on this website, including but not limited to text, program structure, rent-to-own model descriptions, customer pathways, and proprietary frameworks, is the exclusive property of Requity Homes. Any reproduction, adaptation, or use of this content, in whole or in part, for commercial purposes without express written consent is strictly prohibited and may result in legal action.
As a realtor, mortgage broker, or Requity Homes ambassador, you can now help more community members achieve their homeownership goals while streamlining your workload. Partner with us to expand your impact and create success stories with less work.
Calgary is the most populous city in Alberta and the third most densely populated metropolis in Canada. This cosmopolitan, southern Alberta city lies at the junction of the Bow and Elbow rivers between the Rocky Mountain Foothills and the Canadian Prairies. Its proximity to the mountains makes it a great place to live for avid skiers and outdoor enthusiasts.
Calgary is the most populous city in Alberta and the third most densely populated metropolis in Canada. This cosmopolitan, southern Alberta city lies at the junction of the Bow and Elbow rivers between the Rocky Mountain Foothills and the Canadian Prairies. Its proximity to the mountains makes it a great place to live for avid skiers and outdoor enthusiasts.
Calgary enjoys the most sun of any major Canadian city. It experiences low humidity year-round, and the Chinook winds from the Pacific Ocean can warm things up for pleasant breaks in the cold weather.
With its beautiful location and thriving economy, the population continues to grow. As a result, the housing market has seen a steady rise in home prices over the last ten years.
Pre-qualify for Rent-to-own Homes
See how much home you can afford. Get a free, personalized estimate in about two minutes.
Pre-qualifying is quick, free, and won't hurt your credit score.
Calgary Real Estate Trends
Calgary’s housing market offered buyers more balanced conditions in August 2026 as sales slowed and supply remained elevated. According to the Calgary Real Estate Board’s August 2026 market update, the city recorded 1,660 residential sales, down 16 percent from August 2025. New listings declined by nearly 10 percent to 3,141 units.
Inventory reached 6,509 homes, while months of supply increased to nearly four months. Calgary’s total residential benchmark price was $569,800, remaining close to the previous month but falling approximately 1 percent year over year.
Key Calgary real estate statistics for August 2026
Residential sales: 1,660, down 16 percent year over year
New listings: 3,141, down nearly 10 percent year over year
Active inventory: 6,509 homes
Months of supply: Nearly four months
Residential benchmark price: $569,800, down 1 percent year over year
The decline in sales has not affected every part of the market equally. Homes priced above $1 million recorded stronger sales than the previous year, supported by additional detached and semi-detached inventory. Lower price ranges experienced weaker activity as improved rental availability gave some households more time before moving into homeownership.
Calgary home prices by property type
Detached homes recorded a benchmark price of $744,300, approximately 1 percent lower than in August 2025. Sales declined by 12 percent to 875 homes, while months of supply increased to just over three months.
The semi-detached benchmark price was $690,500, nearly 1 percent higher year over year. Conditions remained relatively balanced, with slightly more than three months of supply.
Row homes had a benchmark price of $415,200, down 5 percent from the previous year. Months of supply remained close to four, giving buyers more choice than they had during tighter market conditions.
Apartment condominiums offered the greatest selection, with nearly six months of supply. The apartment benchmark price fell 8 percent year over year to $295,400 and sat almost 13 percent below its August 2024 peak.
What this means for Calgary home buyers
Calgary’s market is more balanced than it was during recent periods of rapid price growth, but conditions vary considerably by property type, neighbourhood and price range. Apartment and row-home buyers generally have more selection and negotiating room, while well-priced detached and semi-detached homes may still attract strong interest in areas with limited supply.
For buyers with reliable income who need additional time to build a down payment, improve their credit or qualify for a mortgage, rent-to-own can provide another route into Calgary’s housing market. Prospective buyers can browse rent-to-own homes in Calgary while preparing for future mortgage approval.
Transportation in Calgary
Even with over 1.3 million residents, Calgary boasts the second-lowest traffic congestion and lowest commute time of all major cities in Canada. The extensive public transport system offers buses and light rail for commuters. According to surveys, approximately half of downtown Calgary workers take the light rail trains to work.
It’s also easy to get around by car, bike, or on foot. Calgary has one of the most extensive bike path and bikeway networks in North America which provide access to all areas of the city. When winter weather makes cycling impractical, you can get around town by car on the extensive road network and freeway system.
Economy in Calgary
The thriving Calgary economy provides opportunities in a variety of industries, including aerospace, agribusiness, technology, energy, life sciences, and financial services. Its relatively low taxes and cost of living make it an attractive place to live and do business. This explains why Calgary has the highest concentration of head offices in Canada.
With so much booming business activity at play, it’s not surprising that the economy in this area is expected to see more than 4% growth in 2022. Making a move to Calgary makes perfect sense for those looking for professional opportunities.
Culture in Calgary
Calgary has something to offer everyone. The city boasts a world-class selection of theaters, music venues, and museums. Sports fans can cheer on the Flames NHL franchise and the Stampeders CFL team. The city's long country music tradition and annual Calgary Stampede rodeo draw tourists from around the world.
Education in Calgary
The Calgary Board of Education runs an excellent public school system with a curriculum overseen by the state of Alberta. The government-funded Calgary Roman Catholic Separate School District is an option open to children who have at least one parent who is a practicing Roman Catholic. Many private school options are available throughout the city.
For post-secondary education, there are five universities in the Calgary area, including the
University of Calgary,
Mount Royal University,
Southern Alberta Institute of Technology,
Ambrose University, and
St. Mary's University.
These institutions offer a variety of degree programs. Calgary provides abundant job opportunities for students as they pursue their degrees and enter the professional workforce.
How Rent to Own Could be Beneficial in Calgary
Renting to own a home in Calgary is an opportunity to progress towards homeownership while potentially hedging against rising home prices during your time as a tenant. Are you interested in a house with a $460,000 price tag in today’s market but are not currently in a position to take on a mortgage? You have two options:
Option 1: Rent Now, Purchase Later
Using the 10% home value increase that Calgary experienced in the last year, the same home will probably have a price tag of $556,600 in 2 years.
Option 2: Rent-to-own with Requity Homes
You can’t see into the future, but with our rent-to-own program, you know what you'll be paying for your home in advance. Requity Homes assumes a modest 5% yearly price increase, which is a significant saving over the 10% growth Calgary home prices saw in 2021. This fixed growth factor allows you, as a renter, to benefit in a climate of rising home values. In this example, you will buy back the home at $507,150 at the end of the two years (versus $556,600 in option 1). That is over $49,000 in savings.
Taking advantage of the rent-to-own structure can be a better choice down the line than trying to save for a down payment while paying rent in a rising housing market.
“
Our biggest obstacle was being a new small business. We didn't qualify with any major banks to get a mortgage.
Customer Story
Amanda & Brad's Journey to Homeownership
Business owners who overcome mortgage challenges of entering homeownership in Sault Ste. Marie
Requity Homes offers a fresh approach to homeownership. We empower you to live in the home you dreamed of while comfortably saving up for your down payment and building your credit to increase your score.
Our innovative rent-to-own program allows you to prepare for the responsibility of a mortgage while enjoying the home you always wanted. With our low fixed price growth factor, getting to homeownership has gotten a lot more affordable than you ever expected.
Don’t let your current circumstances discourage your goal of owning a home. Choosing Requity as your partner on your homeownership journey can put your dream home within reach.
.png)
