CALGARY – Home sales in the City of Calgary moved lower in March compared with a year ago amid a pullback in condo activity, as increased supply and slower migration has spread out demand across available inventory.
The Calgary Real Estate Board says 1,881 total homes changed hands last month, down 12.8 per cent year-over-year, as the city’s residential benchmark price fell 4.2 per cent to $565,600.
The board’s chief economist Ann-Marie Lurie says the market ranges from tighter conditions for detached homes to a buyers’ market for apartment-style properties.
Apartment and row-style homes saw year-over-year price decreases of 9.3 per cent and 6.2 per cent, respectively.
Detached home prices were down 3.3 per cent and semi-detached prices fell 0.9 per cent compared with March 2025.
There were 3,409 new listings on the market in March, down 15.2 per cent from a year earlier, while the city’s inventory grew 4.7 per cent year-over-year to 5,395 total homes for sale.
This report by The Canadian Press was first published April 1, 2026.
