REALSTATS.CACanadian real estate intelligenceBY PRPTY

RS REALSTATS / COMMERCIAL RESEARCH

Calgary commercial
statistics, in focus.

Follow commercial and industrial construction statistics from the citywide pulse to the community. Explore issued permits, reported construction costs and ten years of comparable history.

SectorYearChart measure

Permits are not sales, leases, vacancy or absorption. One project may involve multiple permits. Commercial and Industrial are the City’s classifications; apartments, institutional and government categories are excluded.

01 / THE PULSE · 2026 · January–Sep

Issued permits1,719Records with an issue date in this period

Estimated construction value$1,152,318,543Reported values on 1,629 of 1,719 permits

Permit count vs. prior year+1.7%Same calendar months; nominal dollars, not inflation-adjusted

RS / YOUR MARKET READING

More activity, bigger budgets—or both?

Issued permit activity is 1.7% higher than the same months last year (29 more permits). Reported construction value changed by +2.6%. Read the two measures together: permit counts describe activity, while dollar totals also reflect project size, type and reporting coverage.

Activity change+1.7%Issued permit count, same months last year

Reported-cost coverage94.8%Prior-year coverage: 94.7%. Populated fields, not verified accuracy.

Mean reported cost / permit$707,378Cost total ÷ permits reporting a cost. Not a typical building price; large projects can dominate.

RS interpretation: this measures authorized construction, not completed investment, demand, sales or returns. A cost median cannot be calculated from these source aggregates, so none is estimated.

How RS calculates this reading

Activity change = (selected permit count ÷ prior-year count − 1) × 100. Cost coverage = permits with a reported cost ÷ all issued permits. Mean reported cost = reported construction value ÷ permits reporting cost. Zero reported costs stay included; missing costs do not become zeros in the denominator.

Citywide monthly totals are checked against both the community and work-type breakdowns for permit counts, cost counts and dollar totals. A match checks consistency only—not completeness or record-level accuracy. Zero prior-year denominators produce “Unavailable,” never infinite growth. All figures are nominal CAD.

MONTH BY MONTH

Compare the same month. See the shift.

Gold shows 2026; charcoal shows 2025. Both use the same zero-based scale. Large projects can move reported costs sharply without a matching rise in permit counts.

20262025

Jan

1882026

2102025

Feb

1842026

1662025

Mar

1722026

2142025

Apr

1952026

1812025

May

2042026

1952025

Jun

2072026

1822025

Jul

2072026

2162025

Aug

1842026

1572025

Sep

1782026

1692025

THE SHAPE OF ACTIVITY

What kind of work is driving the total?

Read the share of permits beside the share of reported costs. The difference shows how project size and the mix of work influence the dollar headline.

Demolition

1 issued permitsShare of permits 0.1%Share of reported costs No reported costs

No reported costs · 0/1 cost records

Improvement

1,460 issued permitsShare of permits 84.9%Share of reported costs 57.1%

$657,507,934 · 1371/1460 cost records

New

66 issued permitsShare of permits 3.8%Share of reported costs 42.0%

$483,541,412 · 66/66 cost records

Unspecified

192 issued permitsShare of permits 11.2%Share of reported costs 1.0%

$11,269,196 · 192/192 cost records

WHERE THE WORK IS

How concentrated is Calgary’s activity?

DOWNTOWN COMMERCIAL CORE243 · 14.1%

BELTLINE95 · 5.5%

EAST SHEPARD INDUSTRIAL60 · 3.5%

FOOTHILLS52 · 3.0%

MANCHESTER INDUSTRIAL46 · 2.7%

02 / THE LONG VIEW

Put this year in context.

All years below use January through Sep. This avoids comparing a partial current year with a full previous year.

Year	Permits	Reported construction value	Cost coverage
2026	1,719	$1,152,318,543	1,629 / 1,719
2025	1,690	$1,122,624,331	1,601 / 1,690
2024	2,016	$900,906,837	1,942 / 2,016
2023	1,705	$942,089,292	1,637 / 1,705
2022	1,803	$1,010,514,852	1,746 / 1,803
2021	1,789	$987,196,975	1,747 / 1,789
2020	1,516	$508,417,834	1,460 / 1,516
2019	1,972	$965,688,329	1,920 / 1,972
2018	1,996	$931,873,293	1,949 / 1,996
2017	2,011	$840,744,701	1,958 / 2,011
2016	1,765	$1,119,557,752	1,711 / 1,765

03 / WHAT IS CHANGING?

Follow the work, then the neighbourhood.

These are activity comparisons, not investment recommendations or ratings of properties.

Type of work

Type of work	Permits	Reported value	Cost records
Improvement	1,460	$657,507,934	1371/1460
Unspecified	192	$11,269,196	192/192
New	66	$483,541,412	66/66
Demolition	1	Unavailable	0/1

Community

Community	Permits	Reported value	Cost records
DOWNTOWN COMMERCIAL CORE	243	$126,505,475	242/243
BELTLINE	95	$48,829,025	93/95
EAST SHEPARD INDUSTRIAL	60	$68,638,629	55/60
FOOTHILLS	52	$15,848,047	48/52
MANCHESTER INDUSTRIAL	46	$8,159,930	43/46
STONEY 3	41	$8,118,043	39/41
SUNRIDGE	39	$10,518,199	37/39
HIGHFIELD	26	$3,417,803	21/26
CALGARY INTERNATIONAL AIRPORT	24	$80,518,474	24/24
HORIZON	24	$5,281,038	23/24
MEADOWLARK PARK	24	$19,032,783	24/24
MCCALL	22	$521,240	17/22
WEST SPRINGS	22	$5,314,756	21/22
VARSITY	20	$6,807,971	20/20
CORNERSTONE	19	$2,403,823	17/19
DOUGLASDALE/GLEN	19	$10,213,873	18/19
STONEY 2	19	$7,097,295	19/19
WESTWINDS	19	$3,214,000	17/19
EAST FAIRVIEW INDUSTRIAL	18	$8,438,791	18/18
FAIRVIEW INDUSTRIAL	17	$14,217,262	17/17
SOUTH AIRWAYS	17	$1,166,400	16/17
FRANKLIN	16	$6,831,625	15/16
SAGE HILL	16	$15,794,422	16/16
INGLEWOOD	15	$1,010,000	14/15
MISSION	15	$1,578,429	14/15
NORTH AIRWAYS	15	$982,780	12/15
BURNS INDUSTRIAL	14	$1,354,514	14/14
DEERFOOT BUSINESS CENTRE	14	$9,355,865	14/14
GREENVIEW INDUSTRIAL PARK	14	$64,507,962	11/14
SIGNAL HILL	14	$4,700,217	14/14
STARFIELD	14	$53,059,406	14/14
WILLOW PARK	14	$6,163,000	14/14
BELVEDERE	13	$20,092,250	13/13
HAYSBORO	13	$2,287,801	12/13
SOUTH CALGARY	13	$957,206	10/13
ARBOUR LAKE	12	$3,108,175	12/12
CHINATOWN	12	$2,427,077	10/12
EAU CLAIRE	12	$5,996,147	12/12
HILLHURST	12	$4,002,525	11/12
ALPINE PARK	11	$13,600,000	11/11
BELMONT	11	$9,562,300	11/11
ROYAL VISTA	11	$2,119,000	11/11
SETON	11	$2,358,453	11/11
SHEPARD INDUSTRIAL	11	$4,365,148	10/11
ACADIA	10	$591,520	7/10
ALYTH/BONNYBROOK	10	$184,192,160	10/10
EASTFIELD	10	$1,189,589	8/10
GREAT PLAINS	10	$5,950,270	8/10
MCKENZIE TOWNE	10	$2,740,800	10/10
SHAWNESSY	10	$6,254,065	10/10
VALLEYFIELD	10	$2,247,462	10/10
BRIDGELAND/RIVERSIDE	9	$2,038,732	7/9
CLIFF BUNGALOW	9	$422,392	8/9
FOREST LAWN	9	$165,600	9/9
FOREST LAWN INDUSTRIAL	9	$2,327,000	8/9
MERIDIAN	9	$1,041,500	8/9
CRESCENT HEIGHTS	8	$923,040	8/8
MANCHESTER	8	$823,501	7/8
MAYLAND	8	$912,671	7/8
MEDICINE HILL	8	$14,194,850	8/8
UNIVERSITY DISTRICT	8	$3,349,791	8/8
DOWNTOWN WEST END	7	$1,301,001	6/7
LIVINGSTON	7	$12,134,636	7/7
MONTGOMERY	7	$1,942,800	7/7
RESIDUAL WARD 12 - SUB AREA 12A	7	$1,116,250	7/7
SECTION 23	7	$543,050	7/7
SOUTHVIEW	7	$157,300	7/7
STONEGATE LANDING	7	$3,182,317	7/7
LEWISBURG	6	$3,328,636	6/6
REDSTONE	6	$4,627,640	6/6
SKYLINE EAST	6	$246,500	5/6
SKYLINE WEST	6	$205,000	5/6
SOUTH FOOTHILLS	6	$74,794	5/6
SOUTHWOOD	6	$1,093,500	6/6
SUNALTA	6	$696,000	6/6
WEST HILLHURST	6	$4,513,940	5/6
BOWNESS	5	$557,700	5/5
BRENTWOOD	5	$3,738,000	5/5
LAKE BONAVISTA	5	$1,805,576	5/5
MAHOGANY	5	$300,300	5/5
PINERIDGE	5	$33,317,966	4/5
RESIDUAL WARD 2 - SUB AREA 2C	5	$490,000	5/5
STONEY 1	5	$448,000	5/5
THORNCLIFFE	5	$5,600,000	5/5
ALBERT PARK/RADISSON HEIGHTS	4	$825,500	3/4
BANKVIEW	4	$113,125	4/4
CARRINGTON	4	$226,500	3/4
COUNTRY HILLS	4	$65,600	4/4
COUNTRY HILLS VILLAGE	4	$640,000	4/4
DOWNTOWN EAST VILLAGE	4	$15,050,000	3/4
EVANSTON	4	$321,000	3/4
GOLDEN TRIANGLE	4	$472,602	4/4
HOMESTEAD	4	$1,115,000	4/4
OGDEN	4	$267,828	3/4
SADDLE RIDGE	4	$29,585,045	4/4
SADDLE RIDGE INDUSTRIAL	4	$1,553,800	4/4
SHERWOOD	4	$768,000	4/4
SILVER SPRINGS	4	$2,840,329	4/4
VISTA HEIGHTS	4	$3,943,000	4/4
WOODBINE	4	$390,700	4/4
WOODLANDS	4	$201,900	4/4
AURORA BUSINESS PARK	3	$962,000	3/3
BANFF TRAIL	3	$1,135,000	3/3
BAYVIEW	3	$420,929	3/3
CANYON MEADOWS	3	$195,001	3/3
COVENTRY HILLS	3	$255,000	3/3
CRANSTON	3	$52,000	2/3
DEER RUN	3	$12,040,980	3/3
FOREST HEIGHTS	3	$67,000	3/3
GREENWOOD/GREENBRIAR	3	$411,000	3/3
HOUNSFIELD HEIGHTS/BRIAR HILL	3	$113,180	3/3
HUNTINGTON HILLS	3	$89,310	2/3
MARLBOROUGH	3	$191,500	2/3
MARTINDALE	3	$759,643	3/3
MOUNT PLEASANT	3	$17,000	2/3
NOLAN HILL	3	$2,804,618	3/3
OAKRIDGE	3	$207,000	3/3
PARKDALE	3	$115,000	3/3
PEGASUS	3	$100,000	3/3
RAMSAY	3	$491,100	3/3
RANGEVIEW	3	$3,024,444	3/3
RENFREW	3	$168,000	3/3
RICARDO RANCH	3	$14,812,631	3/3
RIVERBEND	3	$1,645,550	3/3
ROSSCARROCK	3	$1,370,000	3/3
TARADALE	3	$280,000	3/3
TUXEDO PARK	3	$173,000	3/3
UNIVERSITY HEIGHTS	3	$1,000,000	3/3
WINDSOR PARK	3	$825,000	3/3
WINSTON HEIGHTS/MOUNTVIEW	3	$3,210,500	3/3
ALTADORE	2	$30,117	2/2
ASPEN WOODS	2	$200,000	2/2
BRAESIDE	2	$143,913	2/2
BRIDLEWOOD	2	$13,500	2/2
CAMBRIAN HEIGHTS	2	$182,000	2/2
CAPITOL HILL	2	$27,000	2/2
COPPERFIELD	2	$1,108,040	2/2
EDGEMONT	2	$3,080,000	2/2
ELBOW PARK	2	$515,000	2/2
ERIN WOODS	2	$20,000	1/2
HAMPTONS	2	$4,247,000	2/2
HASKAYNE	2	$90,000	1/2
HIGHLAND PARK	2	$779,943	2/2
KELVIN GROVE	2	$1,729,300	2/2
KILLARNEY/GLENGARRY	2	$160,001	2/2
KINGSLAND	2	$300,000	2/2
LEGACY	2	$1,150,513	2/2
LINCOLN PARK	2	$107,500	2/2
LOWER MOUNT ROYAL	2	$100,000	1/2
MIDNAPORE	2	$1,005,900	2/2
RESIDUAL WARD 2 - SUB AREA 2F	2	$196,540	2/2
RICHMOND	2	$4,169,671	2/2
RUTLAND PARK	2	$629,836	2/2
SHAGANAPPI	2	$391,000	2/2
SHAWNEE SLOPES	2	$60,000	2/2
SKYVIEW RANCH	2	$10,750	2/2
WOLF WILLOW	2	$538,000	2/2
BEDDINGTON HEIGHTS	1	Unavailable	0/1
CANADA OLYMPIC PARK	1	$500	1/1
CHARLESWOOD	1	$7,000	1/1
COLLINGWOOD	1	Unavailable	0/1
CURRIE BARRACKS	1	$35,000	1/1
DEER RIDGE	1	$40,000	1/1
DISCOVERY RIDGE	1	$3,000	1/1
DOVER	1	$75,000	1/1
EAGLE RIDGE	1	$212,000	1/1
EVERGREEN	1	$7,000	1/1
GARRISON WOODS	1	$18,000	1/1
GLAMORGAN	1	$100,000	1/1
GLENBROOK	1	$80,000	1/1
GLENDEER BUSINESS PARK	1	$25,000	1/1
GLENMORE PARK	1	$8,400	1/1
HARVEST HILLS	1	Unavailable	0/1
HIGHWOOD	1	$40,000	1/1
HOTCHKISS	1	$50,000	1/1
HUXLEY	1	$9,386	1/1
MACEWAN GLEN	1	$85,000	1/1
MARLBOROUGH PARK	1	$800	1/1
MAYLAND HEIGHTS	1	$50,000	1/1
MCKENZIE LAKE	1	$100	1/1
MONTEREY PARK	1	$4,000	1/1
NORTH HAVEN	1	$2,000,000	1/1
OGDEN SHOPS	1	$10,000	1/1
PANORAMA HILLS	1	$1,000	1/1
PATTERSON	1	$80,000	1/1
PENBROOKE MEADOWS	1	$1	1/1
PINE CREEK	1	$63,740	1/1
QUEENSLAND	1	$200,000	1/1
QUEENS PARK VILLAGE	1	$4,686,000	1/1
RANCHLANDS	1	$1,300,000	1/1
RESIDUAL WARD 12 - SUB AREA 12B	1	$5,061,000	1/1
RESIDUAL WARD 2 - SUB AREA 2B	1	$5,000,000	1/1
RESIDUAL WARD 2 - SUB AREA 2E	1	$245,000	1/1
RESIDUAL WARD 9 - SUB AREA 9Q	1	$86,400	1/1
RUNDLE	1	$10,000	1/1
SANDSTONE VALLEY	1	$50,000	1/1
SILVERADO	1	$3,946,500	1/1
SPRINGBANK HILL	1	$500,000	1/1
ST. ANDREWS HEIGHTS	1	$565,869	1/1
SUNDANCE	1	$67,000	1/1
SUNNYSIDE	1	$3,000	1/1
TUSCANY	1	$8,000	1/1
UNIVERSITY OF CALGARY	1	$16,000	1/1
VALLEY RIDGE	1	$2,600	1/1
WESTGATE	1	$1,400	1/1
WHITEHORN	1	Unavailable	0/1

Read the evidence before making the leap.

A permit signals authorized construction activity, not whether work started, finished, leased or sold. Current record revisions and subsequent cancellations may affect historical totals. Missing costs are excluded from dollar sums; reported zero values remain included. No property, applicant or agent details are requested by this dashboard.

Source updated: 2026-10-21, 7:04:02 p.m.. Retrieved: 2026-10-21, 11:31:37 p.m.. Source queries are cached for up to one hour; the current calendar month is excluded. History begins in 2016 and is not an archival snapshot.

BEYOND PERMITS / SEPARATE EVIDENCE

Construction is one piece of the commercial picture.

Vacancy, leasing and absorption require different evidence. These provider reports offer context in their original form; their proprietary datasets and charts are not reproduced or merged into the permit engine.

Office marketCBRE Canada Office Figures · Q3 2026 ↗Industrial marketCBRE Canada Industrial Figures · Q3 2026 ↗Calgary retailCBRE Calgary Retail Figures · H1 2026 ↗

Commercial data, explained.

What do these Calgary commercial statistics measure?

Issued building permits classified by the City as Commercial or Industrial, their reported estimated construction costs, and their distribution by month, community and type of work. They do not measure property sales or lease transactions.

How often does this dashboard update?

The dashboard requests City open-data aggregates when you open it or change filters. Responses may be cached for up to one hour. Publication depends on the City’s source updates; this is not a real-time transaction feed. The current calendar month is excluded to keep comparisons on completed months.

Does a higher construction total mean prices are rising?

No. A few large permits, changing project types or different cost-reporting coverage can change the total. Read permit counts, reported costs and coverage together. None of these measures is a property-price index, vacancy rate or investment rating.