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Calgary Housing Market Update (April 2026): Are Buyers Losing Their Advantage?

May 4, 2026

Calgary's benchmark price rose to $567,700 in April 2026 as inventory growth stalled at 1.8% year-over-year. Full stats on sales, supply and analysis.
Calgary skyline with April 2026 Calgary real estate market statistics cover
Monthly Market Report · April 2026

A third straight monthly gain, inventory growth down to almost nothing, and detached homes selling in a month.

Quick answer

In April 2026, Calgary’s benchmark home price was $567,700 — up 0.6% from March, a third consecutive gain, and 3.6% below April 2025. Sales rose 11.9% on the month to 2,101, down only 5.8% year-over-year. Inventory of 5,974 homes was just 1.8% above last April as new listings fell 5.2%. Supply was 2.8 months and a typical home took 35 days to sell. Apartment condos remained soft at $301,400, down 8.9% year-over-year with 4.4 months of supply.

April 2026 at a glance

Benchmark price
$567,700
▼ -3.6% vs last year
Sales
2,101
▼ -5.8% vs last year
Inventory
5,974
▲ +1.8% vs last year
Days on market
35
▲ +6 days vs last year
Months of supply
2.8
seller’s market inventory ÷ sales

Calgary posted a third consecutive monthly price gain in April 2026, the benchmark up 0.6% to $567,700. Sales of 2,101 were down just 5.8% year-over-year, the smallest annual decline in over a year. Inventory of 5,974 homes was only 1.8% above last April — effectively flat — as new listings fell 5.2%. Supply held at 2.8 months. The extraordinary buyer’s market of 2025 was steadily giving way to something closer to balance.

Calgary prices over time

Calgary benchmark price, 2014–2026
The price of a typical Calgary home, month by month. Hover any point to read the exact value.
Source: CREB benchmark (HPI), all residential, City of Calgary.
Year-end benchmark price (December), with the change from the year before.
YearBenchmark priceChange on the year
2014$459,500
2015$448,800▼ -2.3%
2016$434,100▼ -3.3%
2017$433,200▼ -0.2%
2018$424,600▼ -2%
2019$415,900▼ -2%
2020$421,300▲ +1.3%
2021$463,900▲ +10.1%
2022$518,800▲ +11.8%
2023$565,200▲ +8.9%
2024$582,100▲ +3%
2025$554,700▼ -4.7%
2026 (to April)$567,700▲ +2.3%

Sales, listings and inventory

Sales vs. inventory — last 24 months
How many homes sold each month (left axis) against how many were for sale (right axis). The gap between the two is what decides whether buyers or sellers hold the leverage.
Source: CREB monthly statistics, City of Calgary.
MonthSalesNew listingsInventoryDays on marketBenchmark
May 20252,5594,8406,74432$588,300
June 20252,2844,2236,94433$584,600
July 20252,0963,9116,91937$581,100
August 20251,9863,4776,65938$576,000
September 20251,7163,7826,91942$571,400
October 20251,8793,2326,47243$566,200
November 20251,5472,2515,58749$559,000
December 20251,1231,2193,87353$554,700
January 20261,2332,7854,39554$553,400
February 20261,5232,7664,82942$559,400
March 20261,8773,4085,40435$564,500
April 20262,1013,8285,97435$567,700

The headline numbers

MetricApril 2026vs prev monthvs last year
Benchmark price$567,700▲ +0.6%▼ -3.6%
Sales2,101▲ +11.9%▼ -5.8%
New listings3,828▲ +12.3%▼ -5.2%
Inventory5,974▲ +10.5%▲ +1.8%
Days on market35— 0 days▲ +6 days

A look by property type

Property typeBenchmarkvs last yearSalesDays on mktMonths of supply
Detached$745,400▼ -2.7%1,092302.3
Semi-detached$687,200▼ -0.2%214382.5
Row / townhouse$423,500▼ -6.9%363372.9
Apartment condo$301,400▼ -8.9%432474.4

Demand and supply converging

Sales down 5.8% year-over-year and inventory up 1.8% is close to a market in equilibrium. Compare with April 2025, when sales were down 22.4% and inventory up 116.1%.

The gap between those two Aprils shows how far the market has travelled. Calgary spent 2025 absorbing a wave of supply; by spring 2026 that wave had been absorbed, and the two sides of the market were moving roughly in step.

Prices recovering, but still below last year

Up 2.6% from the January low of $553,400, but still 3.6% below April 2025 and 6.2% below the June 2024 peak of $605,300.

For anyone who bought near the peak, that gap remains. For anyone buying now, the practical reading is that the discount relative to 2024 is real but narrowing at roughly half a percent a month.

The condo market is a separate conversation

Apartment condos at $301,400 were down 8.9% year-over-year with 4.4 months of supply and 47 days on market. Row homes at $423,500 were down 6.9% with 2.9 months.

Condos have now fallen for roughly twenty months and sit about 11.7% below the August 2024 peak. That segment remains a buyer’s market in a city that overall no longer is — the single biggest divergence in Calgary’s current data.

What this meant if you were buying

April was a reasonable month to act rather than wait, particularly for detached housing at 2.3 months of supply and 30 days on market. Three consecutive price gains and flat inventory is not a combination that usually favours patience.

For condo buyers the opposite still held. At 4.4 months of supply and nearly 11.7% below peak, there was time to be selective — and with 47 days on market, room to negotiate on price and to keep every condition in the offer.

Where prices sit is only half of affordability — your mortgage rate is the other half. It’s worth getting a current rate and a pre-approval before you shop, so you know your real budget.

Frequently asked questions

Is Calgary still a buyer’s market in 2026?
Less so than in 2025, and it depends on the segment. City-wide supply was 2.8 months in April 2026 with prices up for a third consecutive month. But apartment condos remained at 4.4 months of supply, down 8.9% year-over-year — still firmly favouring buyers.
How much are Calgary home prices below their peak?
The benchmark was $567,700 in April 2026, about 6.2% below the June 2024 peak of $605,300. Apartment condos were further down, roughly 11.7% below their August 2024 peak of $341,400.
Has Calgary’s inventory stopped growing?
Effectively. Inventory of 5,974 homes in April 2026 was just 1.8% above April 2025, with new listings down 5.2% year-over-year. A year earlier inventory had been up 116.1%, so the supply build has fully run its course.

Buying a house rather than a condo?

Detached supply is at 2.3 months and prices have risen three months running. Let’s get your approval in place.

Try our mortgage calculator →

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Source: CREB, April 2026 (City of Calgary geography). Prices shown are benchmark (HPI) values. Month-over-month compares to the prior month; year-over-year to the same month last year. The board may revise past months as late sales are recorded. Prepared by Mortgages for Less.

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