A new housing report just revealed the decade-long price growth difference between detached homes and condos in Calgary, and the gap is significant.

The report comes from Zoocasa, which looked at major markets across Canada to see whether detached homes or condos were the better investment over the past decade.

The report showed that detached home prices gapped condos in Calgary by a wide margin, jumping from $526,408 in 2016 to $724,000 in 2026, a 37.5 per cent increase, while condos, on the other hand, only saw a modest 7.5 per cent increase from $280,088 in 2016 to just $301,200 in 2026. 

calgary homes price growth

Zoocasa

Over the past five years, Calgary detached homes delivered a stronger return on investment, with a 29.5 per cent ROI compared to 16.7 per cent for condos.

Our neighbours to the north in Edmonton saw a similar trend, with detached home prices rising by 27 per cent over the decade, while condos barely saw a bump, increasing by just $2,000 from $224,022 in 2016 to only $226,000 in 2026, a 0.9 per cent increase. 

Zoocasa says the gap in Alberta comes down to affordability. With Calgary home prices remaining relatively affordable compared to other major cities, fewer buyers are pushed into condos. 

In comparison, Toronto condos saw a greater increase than detached homes, climbing 63.6 per cent, while detached homes rose by 50.5 per cent. Vancouver followed with detached homes climbing by just 13.1 per cent, while condos saw a 40.1 per cent increase in prices.

You can view the full report online.

If you’re wondering how Calgary’s housing market is shaping up on the national level, it just surpassed Toronto in a significant housing statistic for the first time.