Toronto vs Calgary: Home Prices and Housing Market Compared
In October 2026, the average home in the Greater Toronto Area sold for $1,024,108, 60% more than the $640,769 average in Calgary. Over the past year, the average price fell 2.7% in the Greater Toronto Area and 0.4% in Calgary. A detached home averaged $1,310,627 in the Greater Toronto Area and $806,485 in Calgary; a condo, $621,400 and $325,948. The Greater Toronto Area is a buyer's market, while Calgary is a balanced market (sales at 37.9% and 54% of new listings). Homes took 31 days on average to sell in the Greater Toronto Area, and 43 days in Calgary. On a home at the average price, a buyer pays $16,957 in the Greater Toronto Area ($33,914 in the City of Toronto) and $695 in title transfer fees in Calgary. Alberta has no land transfer tax, only title registration fees.
In this comparison, Toronto is the Greater Toronto Area, as its local board reports it.
Side by side
| Greater Toronto AreaOctober 2026 | CalgaryOctober 2026 | |
|---|---|---|
| Price | $1,024,108 average | $640,769 average |
| Yearly change in price | -2.7% | -0.4% |
| Homes sold | 5,603 (-7.9% yearly) | 1,592 (-15.3% yearly) |
| Detached / single-family | $1,310,627 | $806,485 |
| Condo / apartment | $621,400 | $325,948 |
| Days on market | 31 days | 43 days |
| Market conditions | Buyer's market (37.9% sales to new listings, 12-month) | Balanced (54% sales to new listings) |
| Months of inventory | 4.6 12-month | 3.88 |
| Land transfer tax at that price | $16,957 ($33,914 in the City of Toronto) | $695 title fees only |
Latest month of each report. Prices are averages of all homes sold unless marked; conditions come from the sales-to-new-listings ratio (a buyer's market below 40%, a seller's above 60%), or for Greater Vancouver's region from sales to active listings (below 12% and above 20%). Land transfer tax is worked out on the price in the first row with the land transfer tax calculator, before any first-time buyer rebate.
Toronto vs Calgary Housing Market: Quick Answers
Is Toronto more expensive than Calgary?
Yes. In October 2026, the average home in the Greater Toronto Area sold for $1,024,108, 60% more than the $640,769 average in Calgary.
Are home prices going up in Toronto or Calgary?
Over the past year, the average price fell 2.7% in the Greater Toronto Area and 0.4% in Calgary.
Is it easier to buy in Toronto or Calgary?
The Greater Toronto Area, going by market conditions. The Greater Toronto Area is a buyer's market, while Calgary is a balanced market (sales at 37.9% and 54% of new listings). Homes took 31 days on average to sell in the Greater Toronto Area, and 43 days in Calgary.
Full reports and tools
- Greater Toronto Area housing market report
- Calgary housing market report
- City vs City affordability comparison: what the same income buys in each city
- Land transfer tax calculator, with first-time buyer rebates
More comparisons
- Toronto vs Vancouver
- Vancouver vs Calgary
- Calgary vs Edmonton
- Toronto vs Montreal
- Montreal vs Quebec City
- Montreal vs Gatineau
- Quebec City vs Gatineau
- Toronto vs Ottawa
- Ottawa vs Montreal
- Ottawa vs Calgary
- Ottawa vs Vancouver
- Ottawa vs Edmonton
- Ottawa vs Winnipeg
- Ottawa vs Halifax
- Ottawa vs Kitchener-Waterloo
- Ottawa vs Hamilton
- Ottawa vs Gatineau
- Toronto vs London
- London vs Kitchener-Waterloo
- London vs Hamilton
- Ottawa vs London
- London vs Montreal
- London vs Calgary
- London vs Vancouver
- London vs Edmonton
- London vs Winnipeg
- London vs Halifax
- Mississauga vs Brampton
- Markham vs Richmond Hill
- Oakville vs Burlington
- Kitchener vs Waterloo
- North Vancouver vs West Vancouver
- Hamilton vs Burlington
The statistics on this page belong to the Toronto Regional Real Estate Board (TRREB) and the Calgary Real Estate Board (CREB®). You may quote them with credit and a link: see using our data.
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