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Weekly Calgary Real Estate Update For September 7/ 2026

Weekly Calgary Real Estate Update For September 7/ 2026

7618 homes for sale in metro Calgary (down 257)

1683 homes sold in the last 30 days (up 9)

4.52 months worth of inventory (down 0.18)

22.09% of the homes statistically to sell in the next 30 days (up 0.83%)

Market Conditions: Balanced Market

Average List Price: $649,336 (down $14,915)

Average Sale Price: $633,602 (down $15,315)

Average days on market: 45 (up 2)

Average list to sale price ratio : 97.58% (down 0.11%)

*Numbers in the brackets are a comparison from last week’s stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase.

Spousal buyouts: A Mortgage option worth understanding by Barb Eglauer one of our preferred service providers.

Spousal buyouts: A mortgage option worth understanding   

Whether you are a friend of someone going through a separation, or the person navigating the separation yourself, there is something valuable here for you. A separation brings no shortage of difficult decisions, and one of the biggest is what to do with the family home. Selling and dividing the proceeds may be the right answer, but it is not the only one. If one spouse wants to stay, a spousal buyout may make it possible to purchase the other person’s share and place the home and mortgage in the remaining spouse’s name.

To the friend who knows someone separating

You may be the first person they turn to for a listening ear or practical advice. Sharing clear information about options like a spousal buyout can reduce overwhelm and help them see that keeping the family home is sometimes achievable. Pointing them toward experienced guidance early can make a meaningful difference at a stressful time.

To the person going through a separation

You do not have to figure this out alone. Experienced brokers and agents work with these situations regularly and can walk you through the numbers, the paperwork, and the realistic possibilities so you know what options exist. There are solutions available, and having the right support can bring a measure of certainty when so much else feels uncertain.

More than a standard refinance

In a conventional refinance, homeowners are generally limited to borrowing up to 80% of their home’s value. A qualifying spousal buyout may instead be treated as a purchase transaction, potentially allowing financing above that limit through an insured mortgage.

For example, on a home valued at $600,000: A conventional refinance would generally be limited to $480,000, or 80% of the home’s value. A qualifying spousal buyout could potentially provide up to $565,000 before the mortgage-insurance premium. That could make up to $85,000 in additional financing available to complete the buyout or address eligible joint debts included in the separation agreement. For illustration, at a mortgage rate of 4.50% and a 25-year amortization, the monthly payment would be approximately $2,657 under the conventional refinance limit, compared with about $3,252 if the maximum spousal-buyout amount and mortgage-insurance premium were financed.

These figures are for illustration only, as the amount available and monthly payment will depend on the home’s appraised value, the required buyout, the existing mortgage, applicable insurance premiums and the rate available when the financing is arranged.

The funds are generally used to pay out the existing mortgage and the departing spouse’s agreed share of the equity. Depending on the lender and mortgage insurer, certain jointly held debts addressed in the separation agreement may also be included.

What lenders will consider

The spouse keeping the home must still qualify for the new mortgage based on their income, credit, other debts and the applicable mortgage stress test.

Child or spousal support received may help with qualification when it is properly documented and expected to continue. Some lenders may use 100% of qualifying support income, while others apply different limits or documentation requirements. Support payments being made must also be included when the lender assesses the borrower’s obligations.

Lenders will typically ask for:  A signed separation agreement setting out the division of the property, debts and any support obligations; Documentation supporting the transfer and agreed buyout amount; An appraisal confirming the home’s current value; and The legal transfer of the departing spouse’s interest in the property.     Barb Eglauer
Mortgage Broker
(780) 720-5185
barb.eglauer@mortgagegroup.com

Weekly Calgary Real Estate Update For August 31/ 2026

Weekly Calgary Real Estate Update For August 31/ 2026

7875 homes for sale in metro Calgary (down 92)

1674 homes sold in the last 30 days (down 12)

4.70 months worth of inventory (down 0.03)

21.26% of the homes statistically to sell in the next 30 days (up 0.10%)

Market Conditions: Balanced Market

Average List Price: $664,251 (down $11,569)

Average Sale Price: $648,917 (down $11,784)

Average days on market: 43 (same)

Average list to sale price ratio : 97.69% (down 0.07%)

*Numbers in the brackets are a comparison from last week’s stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase.

Weekly Calgary Real Estate Update For August 24/ 2026

Weekly Calgary Real Estate Update For August 24/ 2026

7967 homes for sale in metro Calgary (up 69)

1686 homes sold in the last 30 days (down 30)

4.73 months worth of inventory (up 0.13)

21.16% of the homes statistically to sell in the next 30 days (down 0.57%)

Market Conditions: Balanced Market

Average List Price: $675,820 (up $1,274)

Average Sale Price: $660,701 (up $1,196)

Average days on market: 43 (same)

Average list to sale price ratio : 97.76% (same)

*Numbers in the brackets are a comparison from last week’s stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase.

Weekly Calgary Real Estate Update For August 17/ 2026

Weekly Calgary Real Estate Update For August 17/ 2026

7898 homes for sale in metro Calgary (up 101)

1716 homes sold in the last 30 days (down 70)

4.60 months worth of inventory (up 0.23)

21.73% of the homes statistically to sell in the next 30 days (down 1.18%)

Market Conditions: Balanced Market

Average List Price: $677,094 (up $15,865)

Average Sale Price: $661,897 (up $15,376)

Average days on market: 43 (down 1)

Average list to sale price ratio : 97.76% (down 0.02%)

*Numbers in the brackets are a comparison from last week’s stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase.

Weekly Calgary Real Estate Update For August 10/ 2026

Weekly Calgary Real Estate Update For August 10/ 2026

7797 homes for sale in metro Calgary (up 155)

1786 homes sold in the last 30 days (down 105)

4.37 months worth of inventory (up 0.33)

22.91% of the homes statistically to sell in the next 30 days (down 1.83%)

Market Conditions: Balanced Market

Average List Price: $661,229 (up $15,627)

Average Sale Price: $646,521 (up $15,261)

Average days on market: 44 (up 1)

Average list to sale price ratio : 97.78% (same)

*Numbers in the brackets are a comparison from last week’s stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase.

When The Bank Says No, You May Still Have Options…

Being turned down for a mortgage can leave you wondering whether your plans to buy a home or stay in the one you already own have reached a dead end. But a “no” from one bank doesn’t necessarily mean your homeownership journey is over.

Traditional lenders assess applications using set requirements for income, credit and debt. Those guidelines work for many borrowers, but they don’t always tell the whole story.

A self-employed borrower, for example, may have a successful business and steady cash flow while reporting a lower taxable income because of legitimate business deductions. Someone else may be rebuilding their credit after a job loss, illness, divorce or other difficult period that doesn’t reflect their current ability to manage a mortgage.

In these situations, the challenge may not be whether you can responsibly afford the mortgage. It may simply be finding a lender that takes the time to understand your circumstances and consider the full picture.

Looking beyond the standard application

As mortgage brokers, we work with a broad range of banks, credit unions and alternative lenders, each with its own products and approval criteria

Depending on your circumstances, potential options could include:Using alternative documentation to demonstrate self-employed incomeRestructuring or consolidating existing debtsIncreasing the down payment or adding a qualified co-borrowerChoosing a lender that takes a more flexible approach to credit historyUsing a short-term alternative mortgage while working toward traditional financingFor homeowners, these strategies may also provide a way to refinance pressing debts or remain in their home when their current lender is unable to offer a workable solution.

Because every option comes with trade-offs, it’s important to look beyond the immediate approval. Alternative mortgages can carry higher rates and fees, while debt consolidation may reduce monthly payments but extend the time needed to repay what you owe. The goal is to find a mortgage that makes financial sense for both your current circumstances and your longer-term plans.

A stepping stone, not necessarily a permanent solution

In some cases, an alternative mortgage can serve as a temporary bridge, providing time to rebuild your credit, establish a longer self-employment history, reduce debt or improve how your income is documented.

That makes the exit strategy just as important as the initial approval. Before proceeding, you should understand what needs to change, how long that process may take and what it will cost to move back to a traditional lender.

If your income or credit history has made you hesitant to apply, reach out to me before assuming you won’t qualify. I can review your circumstances, explain the options available and help you build a realistic path forward, even if the best approach is to wait and prepare a stronger application.

Barb Eglauer
Mortgage Agent
(780) 720-5185
barb.eglauer@mortgagegroup.com

Weekly Calgary Real Estate Update For August 3/ 2026

Weekly Calgary Real Estate Update For August 3/ 2026

7642 homes for sale in metro Calgary (down 242)

1891 homes sold in the last 30 days (up 63)

4.04 months worth of inventory (down 0.27)

24.74% of the homes statistically to sell in the next 30 days (up 1.55%)

Market Conditions: Balanced Market

Average List Price: $645,602 (down $3,927)

Average Sale Price: $631,260 (down $4,231)

Average days on market: 43 (up 2)

Average list to sale price ratio : 97.78% (down 0.06%)

*Numbers in the brackets are a comparison from last week’s stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase.

Weekly Calgary Real Estate Update For July 27/ 2026

Weekly Calgary Real Estate Update For July 27/ 2026

7884 homes for sale in metro Calgary (up 24)

1828 homes sold in the last 30 days (down 81)

4.31 months worth of inventory (up 0.19)

23.19% of the homes statistically to sell in the next 30 days (down 1.10%)

Market Conditions: Balanced Market

Average List Price: $649,529 (up $1,109)

Average Sale Price: $635,491 (down $151)

Average days on market: 41 (up 1)

Average list to sale price ratio : 97.84% (down 0.18%)

*Numbers in the brackets are a comparison from last week’s stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase.

Weekly Calgary Real Estate Update For July 20/ 2026

Weekly Calgary Real Estate Update For July 20/ 2026

7860 homes for sale in metro Calgary (up 84)

1909 homes sold in the last 30 days (down 85)

4.12 months worth of inventory (up 0.22)

24.29% of the homes statistically to sell in the next 30 days (down 1.35%)

Market Conditions: Balanced Market

Average List Price: $648,420 (down $19,262)

Average Sale Price: $635,642 (down $19,475)

Average days on market: 40 (up 2)

Average list to sale price ratio : 98.02% (down 0.10%)

*Numbers in the brackets are a comparison from last week’s stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase.