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The Condo Surplus – Investigating the "Buyer’s Paradise"

The Condo Surplus – Investigating the "Buyer’s Paradise"

If I were investigating a scene with too many witnesses and not enough evidence, I’d tell you to slow down. But in the 2026 condo market, the "evidence" is everywhere: inventory is up 27%, and prices are down nearly 9.3%.

We are currently seeing the results of the 2025 construction boom—thousands of units hitting the market at once. This has created a heavy Buyer’s Market in the high-density sector. While some sellers are panicking, smart buyers and investors are seeing a "Green Light."

Whether you’re looking at a downtown conversion or a new build in the NE, the leverage has shifted. My "Police to Realtor" approach means we don’t just look at the granite countertops; we audit the condo docs, reserve funds, and special assessments. In a surplus market, the best deal isn't always the cheapest—it’s the one with the cleanest record.

Derek Thistle Top 1% REMAX INNOVATIONS 587.579.4310 derek@derekthistle.com

Calgary condo market 2026, buying a condo in Calgary, Calgary apartment price trends

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