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Construction Market Intelligence
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Calgary construction market

What residential construction currently looks like in Calgary: activity relative to population, the building pipeline, nominal and real growth, and market mix — measured against 15 other Canadian markets.

Trailing 12 months ending June 2026 Alberta · census metropolitan area · population 1,836,012 (2025)

  • High construction intensity

Key metrics

Housing starts per 1,000 residents
13.25
24,323 starts in 12 months
2nd of 16
Housing completions per 1,000 residents
14.10
25,893 completions
2nd of 16
Units under construction per 1,000 residents
13.58
24,924 units at period end
5th of 16
Pending starts per 1,000 residents
8.81
16,177 units · secondary indicator
2nd of 16
Residential permit value growth (constant dollars)
−9.8%
Nominal −8.1%
10th of 16
Residential construction price growth
+1.3%
Year over year
13th of 14
Renovation share of residential investment
18.6%
of residential investment
16th of 16
Apartment share of housing starts
55.2%
of housing starts
14th of 16

Current observations

  • Calgary recorded 24,323 housing starts over the trailing 12 months ending June 2026 — 13.25 per 1,000 residents, 2nd of 16 tracked markets (median 8.33).
  • 13.58 units per 1,000 residents were under construction at period end (5th of 16 tracked markets), 1.0 times the 14.10 per 1,000 completed over the past 12 months.
  • Residential permit value fell 8.1% nominally and approximately 9.8% after adjusting for construction prices. The segments differ: in constant dollars, single-dwelling permit value changed −22.6% and multiple-dwelling +2.0%.
  • Renovation accounts for 18.6% of residential investment (16th of 16 tracked markets by renovation share). Apartments were 55.2% of housing starts and single-detached homes 24.3%.
  • Residential construction prices changed +1.3% year over year (13th of 14 tracked markets by price growth).
  • Pending starts — permits issued but not yet started — stood at 8.81 per 1,000 residents (2nd of 16 tracked markets). This is a secondary indicator of the current backlog, not a forecast.

Generated from the published values on this page using fixed rules. They describe current measured conditions and are not forecasts.

Historical context

Monthly, as trailing 12-month totals (except units under construction, a month-end stock), 2019 to June 2026.

Housing starts by dwelling type

Trailing 12-month starts. Multi-unit = semi-detached, row and apartment.

  • Single-detached
  • Multi-unit
Housing starts by dwelling type, Jan 2019 to Jun 2026. Latest: Single-detached 5,913; Multi-unit 18,410. Full values in the table below the chart.010,00020,00030,00020192020202120222023202420252026
Show all monthly values as a table
Housing starts by dwelling type
Period endingSingle-detachedMulti-unit
January 20193,7357,285
February 20193,6467,398
March 20193,5267,207
April 20193,4397,046
May 20193,3496,299
June 20193,2996,393
July 20193,2816,092
August 20193,2156,113
September 20193,3186,741
October 20193,3276,864
November 20193,4066,903
December 20193,5358,374
January 20203,5258,326
February 20203,6168,279
March 20203,8068,513
April 20203,7938,146
May 20203,7618,087
June 20203,6697,493
July 20203,6277,581
August 20203,5017,392
September 20203,4286,935
October 20203,4627,065
November 20203,4377,088
December 20203,4875,748
January 20213,5726,143
February 20213,6176,094
March 20213,5786,247
April 20213,9016,648
May 20214,0997,310
June 20214,4197,738
July 20214,6828,142
August 20214,9958,203
September 20215,1698,020
October 20215,3438,119
November 20215,4419,261
December 20215,5129,505
January 20225,4269,030
February 20225,4819,492
March 20225,6879,470
April 20225,7329,637
May 20225,7979,760
June 20225,81010,457
July 20225,82910,913
August 20225,81510,999
September 20225,92111,546
October 20225,93411,966
November 20225,81511,566
December 20225,75211,554
January 20235,79812,242
February 20235,79112,328
March 20235,58912,382
April 20235,42712,197
May 20235,41412,517
June 20235,38111,906
July 20235,40011,629
August 20235,38512,142
September 20235,34913,233
October 20235,48513,546
November 20235,74713,419
December 20235,87513,704
January 20246,05814,177
February 20246,12714,544
March 20246,31815,019
April 20246,39915,605
May 20246,50415,420
June 20246,70515,946
July 20246,78816,713
August 20246,89016,606
September 20246,99615,856
October 20247,00116,404
November 20247,12417,021
December 20247,10017,269
January 20257,16516,882
February 20257,20517,575
March 20257,12818,127
April 20257,42119,105
May 20257,44520,124
June 20257,30520,598
July 20257,26120,060
August 20257,13120,546
September 20257,10620,742
October 20257,00721,209
November 20256,84221,314
December 20256,68820,996
January 20266,55121,564
February 20266,47520,565
March 20266,42419,994
April 20266,11818,455
May 20266,01818,235
June 20265,91318,410

Under construction and completions

Units under construction (month-end) and trailing 12-month completions.

  • Under construction
  • Completions (12 mo)
Under construction and completions, Jan 2019 to Jun 2026. Latest: Under construction 24,924; Completions (12 mo) 25,893. Full values in the table below the chart.010,00020,00030,00020192020202120222023202420252026
Show all monthly values as a table
Under construction and completions
Period endingUnder constructionCompletions (12 mo)
January 201911,11410,177
February 201911,0449,889
March 201910,66810,070
April 201910,97110,000
May 201910,79710,068
June 201910,86610,500
July 20199,99511,386
August 20199,93711,405
September 201910,84711,138
October 201910,59911,189
November 201910,57610,871
December 201911,58711,134
January 202011,37610,944
February 202011,13611,270
March 202011,33811,113
April 202011,01711,357
May 202011,12710,978
June 202010,85010,758
July 202010,95010,046
August 202010,37910,233
September 202010,17010,822
October 202010,21010,707
November 202010,18411,024
December 202010,17710,705
January 202110,77810,367
February 202110,9599,934
March 202111,2629,950
April 202111,63710,087
May 202112,46310,227
June 202112,29310,665
July 202112,82310,904
August 202112,94810,587
September 202113,10310,209
October 202113,56310,061
November 202114,66310,175
December 202114,43810,774
January 202214,14111,120
February 202214,41411,554
March 202214,73311,722
April 202215,34311,588
May 202215,83512,116
June 202216,49112,229
July 202217,70612,247
August 202216,94313,209
September 202217,50613,571
October 202218,23713,727
November 202218,78313,753
December 202218,59413,641
January 202319,03013,648
February 202319,23713,790
March 202319,37413,827
April 202319,45314,011
May 202320,12814,146
June 202320,08614,060
July 202320,60114,246
August 202320,68013,993
September 202322,16614,009
October 202322,58514,768
November 202322,95415,091
December 202323,47315,111
January 202423,78815,902
February 202424,21016,099
March 202423,12117,983
April 202422,42819,384
May 202422,73219,661
June 202422,99220,075
July 202423,56920,823
August 202422,72621,644
September 202423,00222,211
October 202423,75722,757
November 202423,75523,857
December 202423,15724,732
January 202522,78325,041
February 202523,12825,635
March 202523,91824,531
April 202525,35023,714
May 202526,57523,887
June 202526,53024,736
July 202526,30725,022
August 202526,61524,224
September 202525,72025,568
October 202526,54525,552
November 202526,04225,999
December 202526,27824,836
January 202626,63324,607
February 202625,92124,732
March 202624,93825,598
April 202624,09526,027
May 202624,37526,597
June 202624,92425,893

Residential permit value: nominal and constant dollars

Trailing 12-month value, $ millions. Constant dollars are Statistics Canada’s price-adjusted series.

  • Nominal
  • Constant dollars
Residential permit value: nominal and constant dollars, Jan 2019 to Jun 2026. Latest: Nominal $6,246M; Constant dollars $5,579M. Full values in the table below the chart.$0M$2,000M$4,000M$6,000M$8,000M20192020202120222023202420252026
Show all monthly values as a table
Residential permit value: nominal and constant dollars
Period endingNominalConstant dollars
January 2019$3,309M$5,615M
February 2019$3,219M$5,448M
March 2019$3,297M$5,556M
April 2019$3,345M$5,626M
May 2019$3,320M$5,574M
June 2019$3,127M$5,252M
July 2019$3,166M$5,317M
August 2019$3,165M$5,314M
September 2019$3,291M$5,519M
October 2019$3,395M$5,689M
November 2019$3,425M$5,739M
December 2019$3,469M$5,811M
January 2020$3,464M$5,804M
February 2020$3,492M$5,848M
March 2020$3,388M$5,676M
April 2020$3,370M$5,644M
May 2020$3,278M$5,483M
June 2020$3,211M$5,368M
July 2020$3,141M$5,240M
August 2020$3,050M$5,075M
September 2020$2,931M$4,860M
October 2020$2,904M$4,790M
November 2020$2,943M$4,820M
December 2020$2,872M$4,680M
January 2021$3,017M$4,859M
February 2021$3,067M$4,891M
March 2021$3,192M$5,013M
April 2021$3,497M$5,363M
May 2021$3,690M$5,542M
June 2021$3,963M$5,806M
July 2021$4,069M$5,855M
August 2021$4,173M$5,888M
September 2021$4,355M$5,970M
October 2021$4,451M$5,960M
November 2021$4,547M$5,946M
December 2021$4,693M$6,039M
January 2022$4,605M$5,801M
February 2022$4,603M$5,700M
March 2022$4,581M$5,547M
April 2022$4,532M$5,341M
May 2022$4,616M$5,324M
June 2022$4,740M$5,350M
July 2022$4,917M$5,472M
August 2022$5,008M$5,507M
September 2022$4,919M$5,331M
October 2022$4,924M$5,273M
November 2022$5,014M$5,303M
December 2022$5,084M$5,325M
January 2023$5,222M$5,434M
February 2023$5,237M$5,425M
March 2023$5,224M$5,391M
April 2023$5,168M$5,310M
May 2023$5,202M$5,324M
June 2023$5,183M$5,286M
July 2023$5,163M$5,251M
August 2023$5,287M$5,362M
September 2023$5,393M$5,454M
October 2023$5,593M$5,638M
November 2023$5,566M$5,594M
December 2023$5,594M$5,606M
January 2024$5,587M$5,579M
February 2024$5,830M$5,797M
March 2024$5,922M$5,863M
April 2024$6,172M$6,072M
May 2024$6,304M$6,160M
June 2024$6,243M$6,064M
July 2024$6,282M$6,068M
August 2024$6,389M$6,130M
September 2024$6,436M$6,137M
October 2024$6,499M$6,154M
November 2024$6,710M$6,315M
December 2024$6,759M$6,330M
January 2025$6,871M$6,404M
February 2025$6,891M$6,389M
March 2025$7,126M$6,574M
April 2025$7,094M$6,507M
May 2025$6,901M$6,300M
June 2025$6,798M$6,184M
July 2025$6,952M$6,298M
August 2025$6,708M$6,055M
September 2025$6,615M$5,952M
October 2025$6,547M$5,872M
November 2025$6,607M$5,912M
December 2025$6,704M$5,993M
January 2026$6,648M$5,938M
February 2026$6,482M$5,787M
March 2026$6,159M$5,497M
April 2026$5,969M$5,329M
May 2026$5,954M$5,317M
June 2026$6,246M$5,579M

Market mix

Housing starts by dwelling type, 12 months

Housing starts by dwelling type in Calgary
Dwelling typeStartsShare
Single-detached5,91324.3%
Semi-detached2,0628.5%
Row2,93212.1%
Apartment and other13,41655.2%

Rental-intended starts: 33.3% of all starts.

Renovation vs. new construction

Renovation 18.6% New construction 81.4%

Share of residential building investment. Alterations are 4.0% of residential permit value (a separate source).

Growth: nominal and constant dollars

Nominal and constant-dollar growth, trailing 12 months ending June 2026 versus the prior 12 months
SeriesNominalConstant $
All residential permits−8.1%−9.8%
Single-dwelling buildings−21.1%−22.6%
Multiple-dwelling buildings+3.8%+2.0%
Residential building investment−16.2%−17.7%

Nominal growth includes construction-price change; constant-dollar growth is Statistics Canada’s price-adjusted series. They are shown side by side rather than subtracted.

All published metrics

All published construction metrics for Calgary, trailing 12 months ending June 2026
MetricCalgaryDefinition
Population1,836,012July 1 population estimate for the census metropolitan area.
Housing starts, trailing 12 months24,323Dwelling units started over the trailing 12 months (CMHC Starts and Completions Survey).
Housing starts per 1,000 residents13.25Housing starts (all dwelling types) over the trailing 12 months divided by the CMA population estimate, per 1,000 residents.
Housing starts, change vs prior 12 months−12.8%Change in trailing-12-month housing starts compared with the 12 months before.
Housing completions, trailing 12 months25,893Dwelling units completed over the trailing 12 months.
Housing completions per 1,000 residents14.10Dwelling units completed over the trailing 12 months divided by the CMA population estimate, per 1,000 residents.
Completions, change vs prior 12 months+4.7%Change in trailing-12-month completions compared with the 12 months before.
Units under construction24,924Dwelling units under construction at the end of the reference period.
Units under construction per 1,000 residents13.58Dwelling units under construction at the end of the reference period (a stock, not a 12-month flow) per 1,000 residents.
Under construction, change vs a year earlier−6.1%Change in units under construction compared with the same month a year earlier.
Pending starts16,177Units with a building permit issued but not yet started, at the end of the reference period.
Pending starts per 1,000 residents8.81Units with a building permit issued but not yet started, at the end of the reference period, per 1,000 residents. A secondary indicator of the current pipeline, not a forecast of starts.
Pending starts, change vs a year earlier−12.8%Change in pending starts compared with the same month a year earlier.
Dwelling units authorized per 1,000 residents13.50Dwelling units created by building permits issued over the trailing 12 months, per 1,000 residents.
Authorized units, change vs prior 12 months−8.0%Change in dwelling units authorized by building permits compared with the prior 12 months.
Residential permit value, trailing 12 months$6.25BValue of residential building permits, current dollars.
Residential permit value growth (nominal)−8.1%Change in the value of residential building permits over the trailing 12 months versus the prior 12 months, in current dollars.
Residential permit value growth (constant dollars)−9.8%The same change measured with Statistics Canada’s constant-dollar permit values, which remove construction-price change.
Residential investment growth (nominal)−16.2%Change in residential building investment over the trailing 12 months versus the prior 12 months, current dollars.
Residential investment growth (constant dollars)−17.7%The same change measured in Statistics Canada’s constant-dollar investment series.
Residential construction price index (2023 = 100)112.1Average of the four latest quarterly index values, 2023 = 100. Each market is indexed to its own 2023 prices, so index levels show price change within a market and cannot be compared across markets.
Residential construction price growth+1.3%Change in the residential building construction price index (average of the four latest quarters versus the four before). Not published for every CMA.
Renovation share of residential investment18.6%Renovation spending as a share of total residential building investment over the trailing 12 months.
Alterations share of residential permit value4.0%Permit value for alterations and improvements as a share of all residential permit value — an independent view of renovation activity.
Apartment share of housing starts55.2%Apartment and other unit types as a share of all housing starts over the trailing 12 months.
Single-detached share of housing starts24.3%Single-detached units as a share of all housing starts over the trailing 12 months.
Rental share of housing starts33.3%Starts intended for the rental market as a share of all starts over the trailing 12 months.

Compare Calgary

Where Calgary ranks

Sources and data period

Figures cover the trailing 12 months ending June 2026, the latest period published for all 16 markets. Source data retrieved through September 12, 2026. This page was built on November 8, 2026; the build date is not the data period. Values not published by the source are shown as “Not published”, never estimated.

Methodology, definitions and limitations

Dataset generated September 13, 2026.

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    Construction Market Intelligence

    An independent publication built from official Statistics Canada and CMHC data. Current data: trailing 12 months ending June 2026.

    Contains information licensed under the Open Government Licence – Canada. Not affiliated with or endorsed by Statistics Canada or CMHC.