
Calgary Housing Market Update (April 2023): Are We Back to a Seller’s Market?
Calgary's benchmark price reached $545,100 in April 2023 with supply at just 1.2 months and homes selling in 24 days.
Alberta real estate news and analysis for buyers, sellers and investors, from Calgary and Edmonton market conditions to changes in how homes are bought and financed.

Calgary's benchmark price reached $545,100 in April 2023 with supply at just 1.2 months and homes selling in 24 days.

Calgary's benchmark price rose to $535,100 in March 2023 as supply tightened to 1.3 months and inventory sat 26% below

Calgary's benchmark price rose 2% in February 2023 to $526,500 as sales jumped 45% on the month and supply tightened

Calgary's benchmark price eased to $516,300 in January 2023 — the low point of the correction — as sales fell

Calgary closed 2022 with a benchmark price of $518,800, up 11.8% on the year despite a mid-year peak and correction.

Calgary new listings fell 26% in November 2022 to 1,611 — the lowest on record — as inventory dropped to

Calgary's benchmark price eased to $523,900 in October 2022 as sales fell 15% year-over-year, but supply tightened to 2.1 months.

Calgary's benchmark price eased to $527,400 in September 2022 as sales fell 12% — but inventory fell 21% year-over-year, keeping

Calgary's benchmark price fell 1.5% in August 2022 to $531,800 — the largest monthly decline of the year — while