Calgary, Alberta, April 1, 2026 – Supply conditions in March varied significantly depending on property type. Inventory levels saw a typical monthly rise, but compared with long-term trends, inventory remained well above the 10-year average for both row and apartment-style units and well below trend for detached homes. This is not a surprise given the pullback in detached housing starts last year despite record-high apartment-style starts. 

There were 1,881 sales in March, up from the previous month, but still 13 per cent lower than levels reported last year and below long-term trends for March. The decline in sales is mostly due to pullbacks in apartment-style activity, where increased supply choice and slower migration is spreading demand across a wider range of supply. Meanwhile, detached sales have also slowed compared to long-term trends, likely due to limited supply choice in some city districts. 

“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,” said Ann-Marie Lurie, CREB®’s Chief Economist. “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.” 

The total unadjusted benchmark price in the city was $565,600, up nearly one per cent compared to February but down by more than four per cent compared to last year. After the first quarter, benchmark prices posted modest to stable conditions for lower density homes. However, apartment condominium prices continued to slide, dropping another three per cent in the first quarter compared to the fourth quarter of last year. 

Detached

The detached market is exhibiting the tightest conditions compared to all other property types. With 982 sales and 1,614 new listings in March, the sales-to-new-listings ratio rose to 61 per cent, while inventory levels remained similar to those reported last year. With just over two months of supply, conditions in March closely resembled those seen last year at this time. However, conditions varied across the city, with less than two months of supply reported in the North West, West, South, South East and East districts. Meanwhile, conditions were relatively balanced in both the City Centre and North districts, while the North East district continues to struggle with higher supply relative to demand. The detached benchmark price was $741,300 in March, down by three per cent over last year’s peak price of $766,600. However, tight conditions in most parts of the city are driving some price gains. After the first quarter, the largest quarterly gain was reported in the West district, followed by the City Centre and South districts. 

To READ the FULL REPORT, go to:  https://www.creb.com/News/Media_Releases/2026/April/March_2026_Stats/

As of March 30, 2026, Calgary’s real estate market is experiencing a shift toward a more balanced environment, characterized by rising inventory, slower demand, and a significant slowdown in price growth compared to previous years. While detach-home prices remain relatively firm, apartments and row homes are experiencing notable price softening due to increased supply.

Recent Trends:

• Inventory Boost: New listings have increased, reducing the supply shortage that defined 2024–2025.

• Demand Adjustment: The velocity of sales has slowed, with homes remaining on the market longer than in early 2025, providing buyers with increased negotiation power.

• Rental Market: Vacancy rates have risen to approximately 5.5%, leading to lower rental prices around $1,800, which has reduced the urgency for some to enter the market.

With rental vacancy rates on the rise, a new wave of buyers is stepping into the market: first-time homeowners. The federal government’s GST rebate, combined with a softening rental landscape, is driving this shift in buyer behavior.

Owning a home is more within reach than you might think. Reach out anytime—I'd love to chat about how we can make your homeownership goals come to life.

THIS REBATE HAS NOW RECEIVED ROYAL ASSENT.

You may be eligible for a new housing rebate for some of the GST/HST paid if you are an individual who:

The FTHB GST/HST rebate is for eligible individuals who are buying, building or substantially renovating their first home.

This first home must be:

• Newly built or substantially renovated 

• For use as the individual's primary place of residence 

Depending on the value of the home, the individual could recover up to 100% of the GST (or federal portion of the HST) paid, up to $50,000.

For new homes valued:

• At or below $1 million, the rebate is up to 100% (up to a maximum rebate of $50,000)

• Between $1 million and $1.5 million, the maximum rebate is gradually reduced

• At or above $1.5 million, there is no rebate

Go to this link to receive additional information:

First-time home buyers’ (FTHB) GST/HST rebate - Canada.ca

DID YOU KNOW THAT YOU CAN BE REPRESENTED BY A REALTOR?

Purchasing a new home can be a meaningful and rewarding decision.  You are able to visualize your dream home and make it a reality.  Like any major purchase, it can also be overwhelming. 

Having the expert knowledge and experience of a Realtor who is representing your interests can help ease the stress.  Let me act as an intermediary between the seller (the builder) and you, the buyer of the property by representing you and your interests.

Throughout my career, I have assisted many clients through this process.  On their behalf, I have negotiated a better bottom line or purchase price with improvements and upgrades to the final purchase agreement.  

Let me work on your behalf to get the best deal possible!

Calgary’s housing market as of early March 2026 shows a shift toward balanced conditions, with inventory up and sales down leading to a benchmark price of $560,500. While detached homes remain in high demand, increased supply has slowed overall price growth, with 3.2 months of supply.

Key Market Trends (March 2026):

• Inventory & Sales: Active listings rose significantly (16% higher than last February) to 4,872 units, while sales dipped by 11.3%.

• Prices: The benchmark price ($560,500) represents a 4.4% decline year-over-year.

• Property Type Breakdown:

  • Detached: The average price increased slightly by 0.3% to $807K.

  • Semi-Detached: Average price decreased 6.6% to $672K.

  • Townhouses: Average price dropped 5.2% to $457K.

  • Condo Apartments: Average price increased by 0.7% to $356K.

• Market Conditions: The market is generally balanced, with 3.2 months of supply. However, some segments, such as certain condos in high-density areas, may face higher inventory levels.

• Mortgage Rates: As of March 8, 2026, the lowest 5-year variable rate in Calgary is 3.34%.

Let’s have a conversation about your real estate goals.  Call or text me at 403-703-5548

As of March 2026, the Calgary real estate market is shifting from a long-standing seller's market toward more balanced conditions, with rising inventory and slower demand reducing competition, particularly for lower-priced homes. While detached homes remain in a stronger position, price deceleration is occurring, especially in the apartment and townhouse sectors, resulting in a more favorable environment for buyers with more options and less pressure.

• Market Status: The market is transitioning toward a more balanced, buyer-friendly environment.

• Pricing Trends (Early 2026): Benchmark home prices have seen a slight year-over-year decline in some segments, such as a 4.7% decrease in some reports, with an average price around $626,038.

• Inventory: New listings have increased, providing more options and alleviating some of the intense pressure seen in previous years.

• Property Types: Detached homes are holding value better, while apartments and row-style homes are experiencing sharper price corrections.

• Forecast: Continued price moderation is expected as inventory grows, offering a more balanced market compared to the 2021-2025 period.

Give me a call and we can discuss your real estate goals!

Key Market Trends (February 2026)

• Inventory & Sales: Inventory has increased significantly, providing more options for buyers and reducing the intense competition from previous years.

• Pricing: While detached home prices have remained relatively stable or seen minor increases, the overall benchmark price has seen some declines, particularly for apartments and row homes.

• Market Conditions: The market is shifting from a strong seller’s market to a more balanced, or "balanced-to-seller," environment, allowing for more negotiations.

• Regional Variation: The Northeast and East zones have experienced the largest price declines, partly due to new supply, while other areas have seen more stability.

Advice for Buyers and Sellers

• Buyers: With higher inventory levels and less pressure, buyers have better opportunities to find homes and negotiate, though affordability remains a challenge due to high interest rates.

• Sellers: While sellers can still achieve good prices for well-priced, desirable homes, they may need to adjust expectations and be more competitive in pricing compared to the peak market

Need some advice?  Not sure what your home could sell for?  Thinking of selling or buying and need some experienced guidance - I have you covered!!   Give me a call at 403-703-5548

I’m incredibly grateful to the clients, colleagues, and community who helped make this possible. Here’s to another year of working together, supporting each other, and celebrating more wins!

The number of active listings is slowly increasing each week.

Spring and early summer sales means listing now.  Get ahead of the spring rush. 

Give me a call and we can chat about the market!

The Calgary real estate market continues to experience a period of balanced conditions with a slight cooling off from the previous strong seller's market. While sales activity is still strong, inventory levels are rising, giving buyers more options and potentially easing price pressures, particularly in the apartment and row style home sectors. 

• Specific Property Types:

  • Detached Homes: Benchmark prices are holding steady, and sales activity is mixed across different areas. 

  • Semi-Detached Homes: Prices are up slightly, with City Centre homes reaching record highs. 

  • Apartment and Row Homes: These property types are experiencing higher inventory levels and some price declines due to increased supply. 

Feel free to give me a call so we can discuss how your home is influenced by the current real estate market.

Now listed for $850,000

Very motivated sellers - give me a call for more information and to schedule a viewing.

The Calgary real estate market is currently experiencing a shift towards more balanced conditions, with slowing price growth and increased inventory. While detached and semi-detached home prices remain strong, row and apartment prices are slightly below their 2024 peaks. Overall, the market is seeing a rise in inventory and a decrease in the sales-to-new-listings ratio, indicating a more balanced environment between buyers and sellers. 

Key Trends:

• Price Growth Slowing:

  While benchmark prices continue to rise, the pace of growth has slowed, particularly for row and apartment-style homes. 

• Increased Inventory:

  The number of homes available for sale has increased, leading to more options for buyers. 

• Sales-to-New-Listings Ratio Declining:

  This indicates a shift towards a more balanced market, with less pressure on prices. 

• Shifting Buyer Preferences:

  Buyers are showing a greater preference for detached and semi-detached homes, while row and apartment prices are experiencing more downward pressure. 

• Regional Differences:

  The North East, North, and South East districts are seeing the largest year-over-year price declines. 

If you want to know how the real estate market is impacting you, give me a call and we can chat.

Gerard at 403-703-5548

Professional Experience

With knowledge and training in marketing strategy, negotiation tactics, and the workings of the current real estate market, a REALTOR® will be able to guide you through the steps of the home-selling process and be able to explain exactly what to expect.  S/he will make you aware of your rights and responsibilities, work with you to strategize the best moves according to your own goals, discuss financing options, and point you in the direction of other specialized professionals who will aid you in different stages of the process.

Best Price

REALTORS® have their fingers on the pulse of the current real estate market and will know what comparable properties in your area are selling for.  They have the resources and knowledge to establish the best asking price and to attract the highest selling price.  With access to their company’s professional marketing resources and connections, they will ensure potential buyers are immediately made aware of your home and market the property to sell as quickly as possible and for the most money.

“Showcasing” Experience

Your REALTOR® will know the importance of a property’s first impression.  S/he will have experienced first-hand, for example, the impact a property’s “drive-up appeal” has on the rest of a potential Buyer’s experience of your home.  Your REALTOR® will be able to offer you tips and information on how to get your home in the best-selling shape possible, in order to sell your property quickly and for top dollar.

Access to Qualified Buyers

REALTORS® save time and effort by dealing only with qualified buyers.  They have access to a pool of pre-screened and pre-qualified buyers who are serious about buying a home in your neighbourhood.  REALTORS® work hard to develop this base of qualified buyers which will become an invaluable resource for you.

Negotiation Skills

REALTORS® serve many functions, but perhaps the most important is their role as primary negotiator on your behalf.  Your REALTOR® realizes your goal is to sell your home as quickly as possible, and for the most money possible, and will work closely with you during the negotiation process to facilitate this goal.  REALTORS® bring to the process the knowledge and skills to draw up legally binding contracts, to assist in negotiating offers and counteroffers, and to offer counsel and perspective as you work toward your selling goals.