In line with seasonal trends, both Calgary home sales and inventory levels increased compared with March activity. Despite the typical spring market boost, April sales totalled 2,104 units, down six per cent compared with April 2025 levels.
“Sales were expected to ease this year as our market transitioned away from strong demand driven by rapid migration growth,” said Ann-Marie Lurie, Chief Economist at CREB®. “Improved housing supply across Calgary’s real estate market has reduced urgency among buyers, helping conditions shift from a strong seller’s market toward more balanced market conditions. However, detached homes continue to face limited supply, while apartment condominiums are seeing more buyer-friendly conditions.”
With 3,829 new listings added in April, Calgary’s sales-to-new-listings ratio remained at 55 per cent, contributing to a modest monthly increase in housing supply. Inventory levels rose to 5,973 units, nearly two per cent higher than levels reported during the same period last year.
Overall, Calgary’s months of supply remained just below three months, supporting relatively balanced market conditions. However, market conditions varied significantly by property type:
Detached homes remained relatively tight at just over two months of supply
Apartment-style condominiums exceeded four months of supply, favouring buyers
The unadjusted total residential benchmark price increased compared with March, reaching $568,800. The monthly gain was largely driven by typical seasonal strength heading into Calgary’s spring housing market. Detached and semi-detached homes recorded the strongest monthly price growth.
On a year-over-year basis, Calgary benchmark home prices remained three per cent lower overall:
Detached and semi-detached homes posted modest price declines
Apartment condominium prices declined nearly nine per cent compared with last year
So far in 2026, Calgary housing market conditions have continued to vary by property type and location. Detached homes in several Calgary communities are still experiencing seller’s market conditions and price growth due to limited inventory, while the apartment condominium sector has shifted toward buyer’s market conditions with ongoing price adjustments.
At 2% Realty, understanding these changing Calgary real estate trends is essential for both buyers and sellers navigating today’s balanced market. Whether you’re purchasing a detached home, investing in a condo, or preparing to sell, having the right pricing and marketing strategy is more important than ever in Calgary’s evolving 2026 housing market.
Read the full report on the CREB website!
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