Calgary’s housing market is cooling compared to last year
If you’re on the hunt for a home in Calgary, a new housing report indicates that every housing type in the city recorded year-over-year price declines.
The Calgary Real Estate Board (CREB) released its April 2026 housing report, which shows prices are below last year’s levels across all home types.
Overall, Calgary’s total residential benchmark price dropped by 3.5 per cent year-over-year, falling to $568,800.
Apartments marked the steepest decline among all housing types, seeing an almost nine per cent decrease in benchmark prices compared to last year, dropping to $301,400.
Row-style homes followed, seeing a year-over-year decline of seven per cent, falling to $422,900.
Calgary Real Estate Board
Semi-detached and detached homes saw smaller declines overall, with semi-detached homes easing by just 0.3 per cent to $690,200, and detached homes falling by 2.7 per cent to $745,400.
Sales fell by 5.7 per cent year-over-year with only 2,104 homes sold. New listings saw a decline of 5.2 per cent, with 3,829 new homes on the market in April.
Calgary’s inventory is up, rising 1.8 per cent year-over-year to 5,973 homes. This pushed the months of supply up to 2.84, an almost eight per cent increase from this time last year.
If you want more insight into Calgary’s housing market as well as surrounding areas, we dove into what areas of the city are seeing detached home prices drop the most, and which communities near Calgary are seeing inventory rise.
You can view the CREB’s full April 2026 report online.