Calgary's housing market cools as prices and sales decline in April 2026
Calgary’s housing market showed signs of cooling in April 2026, with prices and sales both falling compared to the previous year. The city’s residential benchmark price dropped by 3.5%, while the number of homes sold also declined. Analysts note a shift toward more balanced conditions between buyers and sellers. The overall benchmark price for residential properties in Calgary reached $568,800 in April 2026, down 3.5% from April 2025. Detached homes saw a smaller decline of 2.7%, settling at $745,400. Semi-detached properties experienced a slight dip of 0.3%, averaging $690,200.
Apartment-style homes were hit hardest, with prices falling by 8.9% to $301,400. Row-style properties also dropped significantly, decreasing by 7% to $422,900. The total number of homes sold in April 2026 was 2,104, a 5.7% reduction from the same month a year earlier.
Inventory levels rose slightly, with 5,973 homes available for sale—a 1.8% increase year-over-year. However, new listings fell by 5.2%, totaling 3,829 in April 2026. The market’s shift suggests neither buyers nor sellers currently hold a strong advantage. The latest figures indicate a softer housing market in Calgary, with lower prices across most property types. With sales down and inventory rising modestly, conditions appear more stable than in previous years. Observers will watch closely to see if these trends continue in the coming months.
