Single-family new infills posted 25 sales during the month of March, down from the 35 sales recorded last month and also down from the 33 sales recorded in March of last year.
Single-family new infill inventory has also increased to 181 active listings for sale, up from the 159 active listings recorded last month, however this is down slightly from the 185 active listings recorded at this time last year.
New infill townhomes posted an impressive 9 sales during the month of March, up from the 6 sales recorded last month, as well as the 6 sales recorded in March of last year.
New infill townhome inventory has also increased further, to 39 active units for sale, from 31 active units recorded last month. This is also up from the 25 active units listed for sale at this time last year. Increased inventory levels are likely fuelling stronger sales as buyers have more properties to choose from.
March is historically the strongest month for new infill sales however the recent shift away from single family-new infills towards new infill townhomes could be an indication of pricing pressure favouring more affordable options for buyers.
CALGARY MARKET UPDATE (CREB)
Calgary, Alberta, April 1, 2026 – Supply conditions in March varied significantly depending on property type. Inventory levels saw a typical monthly rise, but compared with long-term trends, inventory remained well above the 10-year average for both row and apartment-style units and well below trend for detached homes. This is not a surprise given the pullback in detached housing starts last year despite record-high apartment-style starts.
There were 1,881 sales in March, up from the previous month, but still 13% lower than levels reported last year and below long-term trends for March. The decline in sales is mostly due to pullbacks in apartment-style activity, where increased supply choice and slower migration are spreading demand across a wider range of supply. Meanwhile, detached sales have also slowed compared to long-term trends, likely due to limited supply choice in some city districts.
“When considering total residential housing statistics, conditions appear to be relatively balanced as sales, new listings, inventories, and prices all trended up over the previous month as we start to move into the spring market,” said Ann-Marie Lurie, CREB®’s Chief Economist. “However, when we look deeper, we are seeing a market that ranges from tighter conditions for detached homes to the apartment sector, where conditions tend to favour the buyer. As expected, this is supporting upward momentum in detached prices and downward pressure in the apartment condominium sector.”
The total unadjusted benchmark price in the city was $565,600, up nearly 1% compared to February but down by more than 4% compared to last year. After the first quarter, benchmark prices posted modest to stable conditions for lower-density homes. However, apartment condominium prices continued to slide, dropping another 3% in the first quarter compared to the fourth quarter of last year.