# Collingwood: Nine Active Listings Amid Calgary's 16% Sales Drop

Calgary's August 2026 residential sales fell 16% year-over-year to 1,660 units, while the city's total residential benchmark price declined 1% to $569,800. Collingwood reported nine active listings and an average home price of $865,367 as of September 19, 2026.

Published 2026-10-11. Evidence snapshot 2026-10-12.

## Key facts and reporting periods

- Benchmark Price: 569800 cad. Property type: All. Scope: Calgary, AB. Reporting date: 2026-10-10. [Source](https://stats.crea.ca/board/calg)
- Benchmark Price: 744300 cad. Property type: All. Scope: Calgary, AB. Reporting date: 2026-10-10. [Source](https://stats.crea.ca/board/calg)
- Benchmark Price: 690500 cad. Property type: All. Scope: Calgary, AB. Reporting date: 2026-10-10. [Source](https://stats.crea.ca/board/calg)
- Benchmark Price: 415200 cad. Property type: All. Scope: Calgary, AB. Reporting date: 2026-10-10. [Source](https://stats.crea.ca/board/calg)
- Benchmark Price: 295400 cad. Property type: All. Scope: Calgary, AB. Reporting date: 2026-10-10. [Source](https://stats.crea.ca/board/calg)
- Benchmark Price: 508800 cad. Property type: All. Scope: Calgary, AB. Reporting date: 2026-10-10. [Source](https://stats.crea.ca/board/calg)
- Benchmark Price: 608400 cad. Property type: All. Scope: Calgary, AB. Reporting date: 2026-10-10. [Source](https://stats.crea.ca/board/calg)
- Benchmark Price: 569800 cad. Property type: All. Scope: Calgary, AB. Reporting date: 2026-10-10. [Source](https://stats.crea.ca/board/calg/)

## Market summary

Calgary's August 2026 residential sales fell 16% year-over-year to 1,660 units, while the city's total residential benchmark price declined 1% to $569,800. Collingwood reported nine active listings and an average home price of $865,367 as of September 19, 2026.

## Central finding

Calgary's broader market shows a 16% year-over-year decline in August 2026 sales volume and a 1% drop in the total residential benchmark price, indicating softening demand. Collingwood's specific inventory of nine active listings and average price of $865,367 suggest a localized scarcity that contrasts with the citywide cooling trend. Sources:
[Calgary Real Estate Board – CREB® | CREA Statistics](https://stats.crea.ca/board/calg)
[Collingwood Calgary Housing Market Statistics September 19, 10:46pm](https://www.armstronggroup.ca/statistics/collingwood.html)

## How the numbers connect

The spread between Collingwood's average home price and Calgary's total residential benchmark price indicates a premium for the neighbourhood. Calculation: $865,367 (Collingwood avg) - $569,800 (Calgary benchmark) = $295,567 difference. Definitions: Collingwood average home price from source-f26bba01b48e (Sep 19, 2026); Calgary total residential benchmark price from source-baa183cdaf80 (Aug 2026). Limit: Average price is not a median; benchmark price is unadjusted. The comparison mixes different metrics and dates. Sources:
[Collingwood Calgary Housing Market Statistics September 19, 10:46pm](https://www.armstronggroup.ca/statistics/collingwood.html)
[Calgary Real Estate Board – CREB® | CREA Statistics](https://stats.crea.ca/board/calg)

## Citywide Cooling Contrasts with Local Scarcity

Calgary's August 2026 residential sales volume fell 16% year-over-year to 1,660 units, while new listings decreased nearly 10% to 3,141 units. The total residential benchmark price stood at $569,800, down 1% from the previous year, reflecting a market where falling supply is outpacing falling demand. These city-level figures do not measure Collingwood directly but provide the macro context for local transactions.

In contrast, Collingwood reported only nine active listings as of September 19, 2026, with an average home price of $865,367. This limited inventory suggests that buyers in this neighbourhood face less choice than the citywide average, potentially supporting price stability despite the broader market slowdown. The high average price relative to the city benchmark indicates that Collingwood remains a premium segment within Calgary's cooling market. Sources:
[Calgary Real Estate Board – CREB® | CREA Statistics](https://stats.crea.ca/board/calg)
[Collingwood Calgary Housing Market Statistics September 19, 10:46pm](https://www.armstronggroup.ca/statistics/collingwood.html)

## Mortgage Renewals Pressure Affordability

Borrowers renewing pandemic-era five-year fixed-rate mortgages can expect an average 15% increase in monthly payments over the next year, affecting approximately 12% of all outstanding Canadian mortgages. As of September 18, 2026, the lowest available five-year fixed mortgage rate in Canada is 4.24%, while the Bank of Canada held its policy rate steady at 2.25%. These financing conditions reduce household borrowing capacity and may dampen demand for higher-priced homes like those in Collingwood.

The transmission of these national financing costs to Collingwood is not directly measured by supplied target-scope transaction data. However, the combination of rising renewal costs and stable policy rates suggests that affordability constraints will continue to weigh on buyer leverage. Sellers in Collingwood should anticipate that potential buyers may have reduced purchasing power compared to previous years, particularly if they are refinancing existing debt. Sources:
[Royal LePage Blog | Canadian Real Estate News | Canada's housing market poised for a fall rebound after a slow spring - Royal LePage Blog | Canadian Real Estate News](https://blog.royallepage.ca/canadas-housing-market-poised-for-a-fall-rebound-after-a-slow-spring/)
[Best mortgage rates Canada | Compare Canada mortgage rates | Ratehub.ca](https://www.ratehub.ca/best-mortgage-rates)

## Rental Supply Diverts Ownership Demand

CMHC reported a 3.8% vacancy rate for purpose-built rentals in Calgary in 2025, with an average two-bedroom rent of $1,603. CREB's chief economist noted that favourable rental conditions are slowing the transition to home ownership in Calgary's lower price ranges. This dynamic suggests that some potential buyers are opting to remain in the rental market rather than purchase, contributing to the 15% year-to-date pullback in residential sales activity.

For Collingwood, the presence of three schools and one childcare facility mapped within the neighbourhood may attract families who prioritize education, but the lack of target-scoped rental data prevents a definitive link between local rental availability and ownership demand. The broader city trend of rental diversion implies that sellers in Collingwood may face competition from attractive rental options, particularly if mortgage costs remain elevated. Sources:
[Edmonton Property Management Trends to Watch in 2026 | Calgary & Edmonton Property Management](https://www.powerproperties.net/blog/edmonton-property-management-trends-2026)
[Calgary Real Estate Board – CREB® | CREA Statistics](https://stats.crea.ca/board/calg)

## The strongest counter-case

Calgary's apartment-style benchmark price fell 8% year-over-year to $295,400, and apartment sales dropped 26% year-to-date, suggesting that the cooling is most severe in lower-price segments. This may limit the extent to which Collingwood's higher-priced detached homes are insulated from broader affordability pressures. Sources:
[Calgary Real Estate Board – CREB® | CREA Statistics](https://stats.crea.ca/board/calg)

## Living here

Collingwood contains 32 mapped amenities, including 3 schools (St. Francis High School, Collingwood School, Escuela St. Margaret School), 10 parks, 17 transit stops, 1 childcare facility (Happy Souls Playschool), and 1 grocery store (Salsita).

Sources:
[St. Francis High School](https://www.openstreetmap.org/way/543212043)

## The early signal

Monitor the following measure: Sales-to-New-Listings Ratio. How it reaches the market: A ratio above 60% indicates a seller's market, while below 40% indicates a buyer's market. In Calgary, the ratio pushed above 60% in recent months due to falling inventories, signaling tightening supply that supports prices. Typical lead time: 1-2 months ahead of price changes. Sources:
[Calgary Real Estate Board – CREB® | CREA Statistics](https://stats.crea.ca/board/calg)

## Next 3 months, through December 2026

Prices: flat. 0-2% change in Calgary's total residential benchmark price; not a measured Collingwood result. Why: Calgary's sales-to-new-listings ratio above 60% suggests tight supply, but the 16% YoY sales drop indicates weakening demand. The balance of these forces points to price stability in the short term. Buyers: wait. Waiting allows buyers to observe whether the sales decline continues to pressure prices, especially as mortgage renewals hit more households. Sellers: list now. Sellers benefit from the current low inventory levels in Collingwood (9 active listings), which supports pricing power before potential further demand erosion. Watch: A sustained drop in the sales-to-new-listings ratio below 50% would signal a shift toward buyer leverage. Confidence: moderate. Sources:
[Calgary Real Estate Board – CREB® | CREA Statistics](https://stats.crea.ca/board/calg)
[Collingwood Calgary Housing Market Statistics September 19, 10:46pm](https://www.armstronggroup.ca/statistics/collingwood.html)

## Next 6 months, through March 2027

Prices: falling. -1% to -3% change in Calgary's total residential benchmark price; not a measured Collingwood result. Why: The wave of pandemic-era mortgage renewals will fully impact 12% of borrowers, reducing affordability. Combined with the 26% YTD drop in apartment sales, this suggests continued downward pressure on prices across segments. Buyers: buy now. Buyers gain negotiating power as more sellers list properties to avoid carrying costs through the winter, and price declines become more pronounced. Sellers: wait. Sellers risk facing a larger pool of competing listings and weaker buyer demand as affordability constraints tighten further. Watch: A significant increase in new listings in Collingwood would accelerate the shift to a buyer's market. Confidence: low. Sources:
[Royal LePage Blog | Canadian Real Estate News | Canada's housing market poised for a fall rebound after a slow spring - Royal LePage Blog | Canadian Real Estate News](https://blog.royallepage.ca/canadas-housing-market-poised-for-a-fall-rebound-after-a-slow-spring/)
[Calgary Real Estate Board – CREB® | CREA Statistics](https://stats.crea.ca/board/calg)

## Next 12 months, through September 2027

Prices: flat. -2% to +2% change in Calgary's total residential benchmark price; not a measured Collingwood result. Why: Federal infrastructure funding ($51 billion Build Communities Strong Fund) may support long-term development, but the immediate impact on resale prices is uncertain. The market may stabilize as new supply meets adjusted demand. Buyers: either way. Buyers can act either now or later, as the market is expected to be relatively stable with modest fluctuations. Sellers: either way. Sellers can list either now or later, depending on their urgency, as price direction is uncertain but likely to remain within a narrow range. Watch: A major shift in interest rates or a surge in new housing completions would alter the outlook significantly. Confidence: low. Sources:
[Funding programs - Housing, Infrastructure and Communities Canada](https://housing-infrastructure.canada.ca/prog/index-eng.html)
[Calgary Real Estate Board – CREB® | CREA Statistics](https://stats.crea.ca/board/calg)

Assumptions: Mortgage renewal impacts will materialize as forecasted by the Bank of Canada; No major changes to federal or provincial housing policies will occur within the outlook period. What would reverse this: A sudden drop in interest rates or a significant increase in immigration-driven demand could reverse the price decline and create a seller's market again. Sources:
[Royal LePage Blog | Canadian Real Estate News | Canada's housing market poised for a fall rebound after a slow spring - Royal LePage Blog | Canadian Real Estate News](https://blog.royallepage.ca/canadas-housing-market-poised-for-a-fall-rebound-after-a-slow-spring/)
[Funding programs - Housing, Infrastructure and Communities Canada](https://housing-infrastructure.canada.ca/prog/index-eng.html)

## Sources

- [Calgary Real Estate Board – CREB® | CREA Statistics](https://stats.crea.ca/board/calg): Source reference date 20 September 2026 (observation period not stated). Scope: city, Calgary, AB.
- [Collingwood Calgary Housing Market Statistics September 19, 10:46pm](https://www.armstronggroup.ca/statistics/collingwood.html): First captured 20 September 2026; publication date unavailable. Scope: Neighbourhood, Collingwood, Calgary, AB.
- [Royal LePage Blog | Canadian Real Estate News | Canada's housing market poised for a fall rebound after a slow spring - Royal LePage Blog | Canadian Real Estate News](https://blog.royallepage.ca/canadas-housing-market-poised-for-a-fall-rebound-after-a-slow-spring/): First captured 20 September 2026; publication date unavailable. Scope: National, CA.
- [Best mortgage rates Canada | Compare Canada mortgage rates | Ratehub.ca](https://www.ratehub.ca/best-mortgage-rates): First captured 20 September 2026; publication date unavailable. Scope: National, CA.
- [Edmonton Property Management Trends to Watch in 2026 | Calgary & Edmonton Property Management](https://www.powerproperties.net/blog/edmonton-property-management-trends-2026): Observation reference period: 31 December 2025. Scope: city, Calgary, AB.
- [St. Francis High School](https://www.openstreetmap.org/way/543212043): date unavailable. Scope: neighbourhood.
- [Funding programs - Housing, Infrastructure and Communities Canada](https://housing-infrastructure.canada.ca/prog/index-eng.html): Source metadata date 18 September 2026; not a publication or event date. Scope: National, CA.

Prepared by Aurynge with AI-assisted research and writing. See /methodology for the evidence and publication policy.
