Calgary’s housing market is signaling a notable shift, with April home sales dropping 5.7 per cent year-over-year to 2,104 units. According to the Calgary Real Estate Board, increased supply choice has softened buyer urgency, moving the market toward more balanced conditions. The benchmark price also saw a decline, falling 3.5 per cent annually to $568,800. While detached homes remain tighter, condo and row-style properties are seeing more significant price corrections, with apartment-style homes down 8.9 per cent. For GTA observers, these trends highlight how regional markets are recalibrating as inventory levels fluctuate and buyer sentiment cools. While Toronto remains a distinct landscape, the cooling in Western markets often serves as a barometer for national housing trends. For a deeper look at the data behind these figures and expert analysis from the Calgary Real Estate Board, read the full report at BNN Bloomberg: https://www.bnnbloomberg.ca/business/2026/05/01/calgary-home-sales-fall-57-per-cent-in-april-board-cites-less-urgency-among-buyers/
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