Calgary Real Estate Board Market Report - April 2026: Balanced Conditions with Rising Inventory

Calgary Real Estate Board — April 2026

In April 2026, Calgary's real estate market shows balanced conditions with a composite benchmark price of $568,800. New listings increased to 3,829, contributing to a total inventory of 5,973 units, nearly two percent higher than last year.

Market Analysis

April's market activity reflects seasonal trends, with total sales reaching 2,104 units, a six percent decrease compared to April 2025. The sales-to-new-listings ratio remains stable at 55.0%, indicating a modest gain in supply and a shift from seller's market conditions to a more balanced environment. Inventory levels are just below three months of supply overall, with variations across property types, highlighting a transition in buyer urgency as supply choices improve.

Property Type Analysis

The detached market continues to experience tighter conditions, with inventory levels at 2,468 units, which is lower than last year. This has supported a slight increase in prices, with the unadjusted benchmark price for detached homes at $745,400. In contrast, the apartment condominium market shows buyer-favorable conditions, with prices experiencing a decline of nearly nine percent year-over-year, reflecting the varying dynamics across different property types.

Regional Highlights

Regionally, Calgary's North West, West, and South districts exhibit seller's market conditions, characterized by less than two months of supply and stronger price gains. Conversely, the North East district favors buyers, resulting in downward price trends, illustrating the diverse market conditions throughout the city.

For Buyers

For prospective buyers, it is advisable to act strategically in the current market. With increased inventory and balanced conditions, buyers have more options and should take the time to evaluate properties thoroughly. Engaging with a knowledgeable real estate professional can provide insights into the best opportunities in various neighborhoods.

For Sellers

Sellers should remain aware of the shifting market dynamics and the importance of pricing their properties competitively. With inventory levels rising, it is essential to present homes in optimal condition and consider strategic marketing approaches to attract potential buyers in a balanced market.