While Toronto’s real estate market often dominates headlines, shifts in other Canadian cities can offer valuable insights. Recent data from Calgary reveals a cooling trend, with home sales down 14.8% year-over-year in January 2026. This decline is coupled with a 4.7% drop in the residential benchmark price, now at $554,400. Condos and row houses experienced the steepest price declines, at 7.7% and 5.2% respectively. Inventory is also up, reaching the highest January level since 2020. While Calgary’s market dynamics differ from the GTA, these trends highlight the potential impact of increased supply and buyer hesitancy on prices. Could we see similar adjustments in Toronto? Read the full story on thestar.com to learn more about Calgary’s market slowdown.
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