Calgary Real Estate Board Reports 1,881 Sales in March 2026, Down 13.0% Year-Over-Year

Calgary Real Estate Board — March 2026

The Calgary Real Estate Board reported 1,881 total sales in March 2026, marking a 13.0% decrease compared to the previous year. This figure is an increase from the 1,526 total sales recorded in February 2026, when the composite benchmark price was $560,500.

Market Analysis

The Calgary Real Estate Board recorded 1,881 total sales in March 2026, representing a 13.0% decline year-over-year. This is an increase from the 1,526 total sales reported in February 2026. Active listings in February 2026 stood at 4,822. The total unadjusted benchmark price in the city for March 2026 was $565,600, which was up nearly one per cent compared to February 2026 but down by more than four per cent compared to last year. Ann-Marie Lurie, CREB®’s Chief Economist, stated, “When considering total residential housing statistics, conditions appear to be relatively balanced as sales, new listings, inventories and prices all trended up over the previous month as we start to move into the spring market.” Lurie also noted, “However, when we look deeper, we are seeing a market that ranges from tighter conditions for detached homes to the apartment sector, where conditions tend to favour the buyer. As expected, this is supporting upward momentum in detached prices and downward pressure in the apartment condominium sector.”

Property Type Analysis

The detached market in March 2026 saw a benchmark price of $741,300. The Calgary Real Estate Board reported 982 detached sales and 1,614 new detached listings in March. The detached benchmark price of $741,300 in March was down by three per cent over last year’s peak price of $766,600. After the first quarter, apartment condominium prices continued to slide, dropping another three per cent compared to the fourth quarter of last year.