Calgary Condos Gain Buyer Power, Detached Homes Still Hot

0:00It's April 17. You're listening to Calgary News today, AI-powered local news. Calgary's housing market is splitting into two worlds right now. Detached homes are still red hot with multiple offers and quick sales, but condos are flipping the script buyers got real power heading into spring. New data from Royal The Page shows condo prices down 4.5 percent from last year, sitting around $257,000. Building inventory means over 5 months of supply for apartments, one bedrooms, and even two bedroom, two bath units. More rentals popping up in city rezoning are giving shoppers options they haven't seen before, easing up that tight squeeze. Brokers like Harin Leal at Royal The Page benchmark are calling this a game changer. First time buyers could finally snag a foothold at better prices, while the overall market stays steady without big swings. Low homes are joining condos in this balance zone, with longer days on market and room to haggle. Detached spots keep drawing crowds, but the condo slow down is shifting the vibe across

1:02the board. As we roll into spring, watch that condo action. It might set the tone for Calgary's housing beat through the end of 2026, even with. Prices tip to climb a bit by years close.