05/09/2026
It’s May 2026. What does “the market” look like for Calgary real estate? Take a look at data from the Calgary Real Estate Board based on the latest April 2026 statistics package. Note that YTD means year-to-date (Jan 1st to Apr 30th inclusive) in the graphics.
As expected with the spring market, sales and inventory trended up in April over March but April sales were 6% lower than 2025. Taking into account all property types and looking year-to-date, sales were down by 11%, new listings were down by 7%, and inventory is up by 10%. More inventory is good for buyers as it means more choice.
Improved supply across all property types reduced urgency for buyers helping the market shift to more balanced conditions. For single family homes, the trend continues with limited supply choice while conditions favor the buyer for apartments. So far in 2026, conditions have varied, ranging from seller’s market conditions and price growth for detached homes in some parts of the city to buyer’s market conditions and price adjustments in the apartment sector.
Digging a bit deeper...
For single family homes, inventory levels remain lower than those reported last year and below long term trends. Within the detached market, conditions vary by district. Calgary’s Northwest, West and South districts experienced seller’s market conditions with less than two months of supply, driving stronger monthly price gains. Meanwhile, conditions in the Northeast favour the buyer.
For semi-detached homes (half duplexes), sales and new listings are similar to last year’s levels with prices slightly lower than last year. As in the detached sector, conditions vary by location.
For townhouses, year-to-date inventory is trending higher than levels reported last year by 19%. Conditions vary significantly across the city, contributing to differing price trends. The Northeast district reported the highest months of supply and the steepest year-to-date price adjustments at over 11%.
For apartments, with over 4 months of supply, conditions continue to favor the buyer especially in certain areas of the city. In April, inventory is 27% above long-term trends.
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