Posted: April 21, 2026 | Source – CREB | Author – Tim Jones
The spring buying and selling season has started with sales increasing over last month while inventory rises. This is a normal event that happens almost every year. Inventory levels of properties for sale varies greatly depending on housing type and region. In Calgary, Inventory remains well above the 10 year average for this time of year for row/townhomes/duplexes and apartment style homes and below average for detached homes. Not surprising when considering the reduction in detached housing starts last year and the increase in apartment style new construction starts. Incentives given to builders has driven the increase in apartment units and rental accommodations. Also, I find the City of Calgary and the surrounding city administrations have been pushing “affordable” housing which has resulting in too much entry level inventory being built for the demand. Unfortunately there has been a push in almost all new developments to have condensed living with very few lots accommodating a moderate to larger sized bungalow or home with room to grow a tree or two and space for the homeowner to enjoy outside living. My medium to long term investment suggestion: Buy in mature areas with larger lot sizes as the land value will soon outpace the actual home value similar to the other major cities in Canada and around the world.
Calgary March 2026 average price y/y change:
