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.