More Inventory, More Choice, and Different Markets Across Calgary

The Calgary real estate market continued to shift in April 2026, with more homes available for buyers and market conditions varying depending on property type and location.

According to the April 2026 MLS® statistics, inventory continued to rise, giving buyers more options than they have had in recent years. However, not every segment of the market is experiencing the same changes. While detached homes remain relatively resilient in many areas, apartment-style condominiums continue to face softer pricing and more competition.

So, what does this mean if you're thinking about buying or selling in Calgary?

Detached Homes: Conditions Remain Relatively Strong

Detached homes continue to show more resilience than some other property types. Although buyers have more options to consider, supply remains relatively tighter in many communities, helping support prices.

For sellers, this means there may still be opportunities to achieve a strong sale price, provided the home is priced appropriately and stands out against the competition. For buyers, understanding recent comparable sales and the homes currently available is essential when determining value and preparing an offer.

Semi-Detached and Row Homes: Location Matters

Semi-detached and row homes are experiencing more balanced conditions, with pricing and competition varying from one neighbourhood to another.

Buyers may find more opportunities to compare properties, negotiate, and take time to make informed decisions. Sellers need to understand how their property compares with similar homes currently on the market, rather than relying solely on what a neighbour's property sold for several months ago.

In this segment, the right pricing strategy can make a significant difference.

Apartment Condominiums: More Choice for Buyers

Apartment-style condominiums continue to experience some of the most buyer-friendly conditions in Calgary.

With more than four months of supply in this segment, buyers have greater choice and potentially more negotiating power. Increased inventory and competition, including from available rental properties and new construction, are contributing to continued year-over-year price softness.

For first-time buyers, downsizers, and investors, this may create opportunities worth exploring. However, purchasing a condo involves more than comparing list prices. Condo fees, reserve fund health, building maintenance, bylaws, location, and future resale potential all deserve careful consideration.

For condo sellers, the increased competition makes realistic pricing, strong presentation, and a thoughtful marketing strategy especially important.

What Does This Mean for Calgary Buyers and Sellers?

The biggest takeaway from April's MLS® statistics is that Calgary is not one single real estate market.

More inventory means more choice for buyers, but the opportunities available depend on the property type, neighbourhood, price range, and competing listings. Some homes may continue to attract strong interest, while others require more time, flexibility, and a carefully planned strategy.

For buyers, this is a time to do your homework, compare recent sold properties, and understand where negotiation opportunities may exist.

For sellers, pricing based on last year's market can be risky. Today's buyers are comparing available homes, weighing their options, and paying close attention to value. Understanding your competition before choosing a list price can help position your property more effectively from the start.

Your Real Estate Strategy Should Be Local

At Russell Realty with CIR Realty, we believe good real estate decisions begin with good information.

We look beyond list prices to review comparable sales, current competition, days on market, and trends specific to your neighbourhood and property type. Because a detached home in one community can face very different conditions from a condominium just a few kilometres away, broad market averages don't always tell the whole story.

Your neighbourhood + your property type + your competition = your real market.

Whether you're considering buying, selling, downsizing, or simply curious about your home's current value, understanding the numbers can help you make a more confident decision.

The market is changing, but opportunity is still there. The key is knowing where to look and having a strategy that fits your goals.

Want to know what April's market statistics mean for your neighbourhood?

Reach out to Gwen and Carl Russell at Russell Realty with CIR Realty. We'd be happy to provide a more personalized breakdown of your area, property type, and current competition—because real estate is about more than transactions. It's about helping you make the right move for you.

Connect with us

Have you been thinking about downsizing? Maybe the house feels a little bigger than you need these days. Perhaps the kids have moved out, you're dreaming of travelling more, or you're simply ready to spend less time maintaining a home and more time enjoying life.

If downsizing has been on your mind, Calgary's changing real estate market may offer an interesting opportunity worth exploring.

The secret isn't necessarily waiting for the perfect time to downsize. It's understanding how the market could work in your favour.

One City. Very Different Markets.

Calgary's real estate market isn't moving in the same direction for every property type.

While condo and townhome inventory has been increasing in many areas, giving buyers more options and, in some segments, greater negotiating power, detached homes have been holding up more strongly in many Calgary communities.

What does that mean for homeowners considering a move?

Depending on your neighbourhood, property type and price range, you may be in a position to sell your detached home in a relatively stronger market while purchasing your next home in a market with more selection and potentially more room to negotiate.

Of course, every property and community is different. Not every detached home is guaranteed to sell quickly, and not every condo is a bargain. That's why looking at the numbers specific to your home and your next purchase is so important.

How Could Downsizing Work in Your Favour?

Let's look at a simple example.

Imagine you own a detached home that has built up significant equity over the years. You no longer need all the bedrooms, the large yard or the extra space that once made perfect sense for your family.

You're considering moving into a townhome or condo, but you're concerned about selling your current home and finding somewhere else to live.

This is where understanding the market becomes valuable.

If your detached home attracts strong interest and sells at a price you're comfortable with, you may have an opportunity to purchase your next home in a segment where buyers have more choices.

More inventory can mean more opportunities to compare properties, negotiate on price, consider conditions and take your time making a decision.

The result? You could potentially unlock equity, reduce your monthly expenses and simplify your lifestyle.

The key word is potentially. The actual financial benefit depends on your home's value, the purchase price of your next property, mortgage considerations, condo fees, moving costs and other expenses.

That's why we believe in running the numbers before making a move—not simply assuming downsizing will automatically save you money.

Downsizing Isn't Just About Square Footage

For many homeowners, downsizing is about much more than moving into a smaller property. It's about making room for the next chapter of life.

Imagine what that chapter could look like:

• More freedom. Spend less time worrying about home maintenance and repairs.

• Less upkeep. Say goodbye to spending entire weekends cleaning a home you no longer need.

• More travel. Enjoy the freedom to take that trip you've been putting off without worrying about a large property sitting empty.

• More time with family. Focus on the people and experiences that matter most.

• More choice. Explore Calgary's townhomes and condos to find a home that better suits your current needs.

Perhaps you want a property with an attached garage, a guest room for visiting family, a balcony with a view or a community where you can walk to coffee shops and amenities.

Downsizing doesn't have to mean giving something up. It can mean choosing what matters most to you now.

But What About Condo Fees?

This is an important question, and one we always encourage buyers to consider carefully.

A condo may offer less exterior maintenance and fewer responsibilities, but monthly condo fees need to be factored into your budget. Those fees can vary considerably depending on the building, amenities, maintenance requirements and reserve fund.

Before purchasing, it's important to understand what the fees cover, review the condominium documents and financial information, and consider whether the property is well managed.

A lower purchase price doesn't necessarily mean a lower overall cost of ownership.

The goal is to find a home that makes financial sense while supporting the lifestyle you want.

Why Wait Until You Have To Move?

Sometimes people put off downsizing because they aren't quite ready. They wait until maintaining the property becomes difficult, the stairs become a concern or unexpected repairs make the decision for them.

But what if you explored your options before you reached that point?

When you have time to plan, you can investigate your home's current market value, look at suitable replacement properties, review your finances and decide what works for you.

You don't have to move tomorrow. You don't even have to decide this year.

Sometimes the most valuable first step is simply understanding what's possible.

And if the numbers make sense today, you may have an opportunity to make the move on your terms rather than waiting until circumstances force a decision.

Let's Look at the Numbers Together

At Russell Realty with CIR Realty, Carl and I believe real estate is about more than buying and selling houses. It's about helping people make informed decisions that support their lives, their goals and their financial future.

We can help you look at recent sales in your neighbourhood, assess the competition for your current home, explore condo and townhome options, and compare the potential costs of staying versus moving.

We'll have honest conversations about pricing, market conditions and what the numbers actually tell us. If the timing isn't right, we'll tell you that, too.

Because the best move isn't necessarily the one that happens fastest. It's the one that makes sense for you.

Thinking about downsizing in Calgary? Let's start with a conversation.

You may discover that the opportunity you've been waiting for is closer than you think.

Reach out to Gwen and Carl at Russell Realty with CIR Realty. We'd love to help you explore your options and see whether your next chapter could start today.

Your home should work for the life you're living today—and the life you're dreaming about tomorrow.

Today is a reminder that the small things we do every day truly matter. From the homes we live in to the communities we build, it all starts with taking care of the space around us.

Whether it’s planting something new, reducing waste, conserving energy, or simply getting outside and appreciating nature, every step counts.

As a homeowner, a mom, and someone who loves our Calgary community, I’m always reminded how lucky we are to have such beautiful spaces to enjoy. Let’s continue to protect them for the next generation.

💚 Happy Earth Day

Calgary is making a significant change to how our city grows, and it’s a topic worth paying attention to whether you own a home, are thinking about buying, or are interested in real estate investment.

In April, Calgary City Council votes to repeal the citywide blanket rezoning policy, bringing an important shift to how future development is considered across many Calgary neighbourhoods. The proposed change would return many properties to their previous zoning rules, creating new questions about what development will look like moving forward.

But what does this actually mean for you?

What Is Changing?

Calgary’s blanket rezoning policy was introduced to allow more housing options across the city, including secondary suites, duplexes, row homes, and other forms of residential development in areas previously limited to certain housing types.

With Council voting to repeal the policy, many properties will return to their previous zoning designations. This means development opportunities may once again depend more heavily on the specific zoning rules that apply to an individual property.

Here are a few potential impacts to consider.

1. More Community Input

One of the biggest changes is the potential for more public involvement in development decisions. Certain proposed developments may once again require rezoning applications and public hearings, giving residents an opportunity to share their perspectives on how their neighbourhoods evolve.

For homeowners, this could mean greater involvement in decisions affecting the character and future of their communities.

2. Development Approvals May Take Longer

Without the same streamlined zoning framework, some projects may face additional steps before construction can begin.

For builders and developers, this could mean longer approval timelines, additional planning requirements, and greater uncertainty when evaluating potential projects.

For buyers, it may be worth paying closer attention to proposed developments in areas where you hope to purchase a home.

3. What Could This Mean for Housing Supply and Affordability?

Housing supply is an important part of Calgary’s affordability conversation. Allowing more housing types in established neighbourhoods was one way the city aimed to create additional housing options.

With the rezoning policy being repealed, questions remain about how Calgary will continue to encourage new housing while responding to residents’ concerns.

Some industry participants may be concerned that additional approval requirements could slow new construction. However, the overall impact on housing supply and affordability will depend on what policies the city introduces next, along with market conditions, construction costs, and demand.

4. Uncertainty for Developers and Investors

Changes to zoning rules can influence how developers assess land, plan projects, and make investment decisions.

Until Calgary establishes a clear path forward, some projects may face additional uncertainty. For investors, this is a reminder that understanding a property's zoning, permitted uses, and future development potential is essential before making a purchase.

What Does This Mean for Calgary Real Estate?

The impact will not be the same in every neighbourhood or for every property.

If you're a homeowner: Your property's existing zoning and potential future uses may be important considerations, particularly if you have plans for a secondary suite, an addition, or redevelopment.

If you're buying a home: Don't assume a property can accommodate a future suite, duplex, or redevelopment simply because it could have under the previous blanket rezoning policy. Confirm the property's current zoning and applicable requirements with the City of Calgary.

If you're selling: Development potential can be a consideration for some buyers, but it needs to be supported by the property's actual zoning and permitted uses. Understanding what your property can legally accommodate can help you communicate its value accurately.

If you're investing: Due diligence is especially important. Zoning, permitted uses, development approvals, and the surrounding area's planning direction can all influence an investment decision.

The Bigger Picture: How Will Calgary Grow?

This decision isn't simply about whether Calgary should grow. It's about how that growth happens, how new housing options are created, and how community input fits into the planning process.

Calgary needs to consider housing affordability, future population growth, infrastructure, neighbourhood character, and the demand for different types of homes. Finding a balance between these priorities will be an important part of the city's next steps.

As the conversation continues, homeowners, buyers, sellers, and investors should stay informed about how zoning changes may affect their individual properties and plans.

At Russell Realty, we believe real estate decisions should be based on facts, not assumptions. Understanding your neighbourhood, your property's zoning, and the opportunities available in today's market can make a meaningful difference.

ONE CITY. VERY DIFFERENT MARKETS. And when it comes to real estate, the details matter.

If you have questions about how Calgary's rezoning changes could affect your property or your next move, Carl and I are always happy to help you work through the details. Connect with us

Is Canada’s Housing Market Cooling? What Buyers and Sellers Should Know

The Canadian real estate market is showing signs of a shift, and a recent forecast from TD Economics suggests that home prices could edge lower in 2026. After a softer performance over the past two quarters, TD now expects national home prices to decline by approximately 0.3% this year, rather than increase as previously anticipated. Source: TD Economics forecast reported by The Canadian Press, March 26, 2026.

So, what does this mean if you're thinking about buying or selling a home in Calgary or the surrounding communities?

A Changing Market Creates New Opportunities

For the past few years, many Canadian housing markets experienced strong competition, rising prices, and buyers feeling pressure to make quick decisions. Today, conditions are changing, with some of Canada's most expensive markets experiencing softer demand and greater competition among sellers.

For buyers, this shift may bring more choices, additional time to consider properties, and greater opportunities to negotiate. Rather than feeling rushed into a decision, buyers may have more room to compare homes, review their options, and make informed choices.

For sellers, the market requires a little more preparation and strategy. Pricing a home correctly from the beginning, presenting it well, and understanding the competition are becoming increasingly important.

What Does This Mean for Calgary?

While national housing forecasts provide useful insight, real estate is never a one-size-fits-all market. Conditions can vary significantly between provinces, cities, neighbourhoods, and property types.

Here in Calgary and the surrounding communities, it's important to look beyond national headlines and understand what's happening in your specific market. Detached homes, townhomes, semi-detached properties, and apartments can each experience different levels of demand and competition.

That is why we believe your neighbourhood, property type, and current competition matter far more than a national average when determining your home's value or deciding when to buy.

Advice for Buyers: Preparation Creates Opportunity

If you've been waiting for the right time to purchase a home, a changing market may give you an opportunity to explore your options.

More balanced conditions can allow buyers to take a closer look at properties, complete their due diligence, and negotiate terms that work for their circumstances. However, opportunities will vary depending on the property and location.

The key is to be prepared. Understand your budget, speak with a mortgage professional, and work with a Realtor who can help you evaluate current listings against recent comparable sales.

The goal isn't simply to buy when prices are falling. It's to find the right home at a price and under terms that make sense for you.

Advice for Sellers: Strategy Matters More Than Ever

If you're considering selling, a changing market doesn't mean you can't achieve a successful sale. It does mean that understanding your competition is essential.

Buyers have more information available to them than ever, and they are paying attention to value. A home priced too high may sit on the market while buyers choose better-positioned alternatives.

Before listing, take time to review recent comparable sales, competing properties, and current market conditions for your specific property type. Presentation also matters. Small improvements, thoughtful staging, professional photography, and a strong marketing plan can help your home stand out.

Our approach is simple: price strategically, present your home well, and launch with a plan.

The Right Time to Move Is Personal

Market forecasts are helpful, but they cannot predict exactly what will happen with every property or neighbourhood. A projected national price decline of 0.3% doesn't mean every home will lose value, just as a national increase wouldn't guarantee that every property would appreciate.

Your decision should consider your financial situation, family needs, lifestyle, and long-term goals, alongside the local market data.

Whether you're buying your first home, moving up, downsizing, or simply wondering what your current property might be worth, having the right information can make all the difference.

At Russell Realty, we believe real estate is about more than transactions. It's about people, relationships, and helping you make decisions you feel confident about.

Curious about what the changing market means for you? Let's talk about your goals, review the numbers for your neighbourhood, and explore your options together. No pressure—just honest advice and a plan that makes sense for you.

Life gets busy… and sometimes the best thing you can do is step away, slow down, and recharge.

We’re giving you the chance to win a beautiful Central Alberta escape, perfect for a reset, a little adventure, and making memories.

Enter now and start dreaming of your getaway

Be sure to check the official contest details for entry instructions, eligibility, and prize conditions.

Let's Talk About Homeownership in Calgary

Have you been wondering if it’s time to stop renting and start thinking about owning a home of your own? Maybe you’ve been saving for a down payment, watching the Calgary real estate market, or simply wondering whether homeownership is even possible for you right now.

If that sounds familiar, you’re not alone! Buying your first home can feel like a big step, especially with rising living costs and so many things to consider. But the good news is that homeownership may be more achievable than you think, and you don’t have to figure it all out on your own.

Let’s talk about why buying a home could be worth exploring and how to determine whether it’s the right move for you.

Renting vs. Owning: What's the Difference?

Renting offers flexibility, which can be great if you’re still figuring out where you want to live, building your career, or saving for the future. You generally have fewer responsibilities for major property repairs, and moving can be easier when life changes.

However, rent payments don't build ownership in the property you call home. When you own a home, a portion of your mortgage payments typically goes toward paying down your mortgage balance, helping you build equity over time.

Homeownership isn't the right choice for everyone, but understanding the potential benefits can help you decide which option makes the most sense for your lifestyle and financial goals.

5 Reasons to Consider Homeownership

1. Build Equity Over Time

One of the biggest advantages of owning a home is the opportunity to build equity. As you pay down your mortgage, you gradually increase the portion of the property you own outright. Your equity may also grow if your home's market value increases, although property values can fluctuate.

Instead of paying rent without gaining ownership in the property, you have the opportunity to invest in an asset that may benefit you over the long term.

Of course, building equity takes time, and homeownership comes with costs beyond your mortgage. The goal is to find a home that fits your budget and allows you to plan comfortably for the future.

2. Enjoy More Stability

There’s something special about knowing you have a place to call your own. While renters may face rent increases, lease changes, or decisions by landlords that affect their living arrangements, homeowners generally have more control over how long they stay in their homes.

With a fixed-rate mortgage, your principal and interest payments remain consistent during the mortgage term. Property taxes, insurance, utilities, condo fees, and maintenance costs can still change, so budgeting for the full cost of ownership is important.

That added stability can make it easier to put down roots, build relationships in your community, and plan for the years ahead.

3. Make Your Space Your Own

Want to paint the walls your favourite colour, create a backyard garden, renovate the kitchen, or finally have a space that reflects your personality?

Owning a home gives you greater freedom to make those choices, subject to applicable permits, bylaws, condo rules, and other restrictions.

Your home becomes more than a place to sleep. It can be a place to grow, entertain, raise a family, welcome friends, or simply enjoy a little more room to be yourself.

4. Plan for Your Financial Future

Homeownership can be part of a long-term financial plan. Paying down your mortgage over time may help you build an asset that could support future goals, including moving to a larger home, downsizing later in life, or supplementing retirement finances.

The key is making a purchase that works for your current circumstances, not stretching your budget just to get into the market. A comfortable monthly payment and an emergency fund are just as important as finding a home you love.

5. You May Not Need as Much as You Think to Get Started

One of the biggest misconceptions about buying a home is that you need a huge down payment before you can even begin exploring your options.

In Canada, eligible buyers may be able to purchase with a down payment starting at 5% for homes priced at $500,000 or less, with different minimum requirements applying to higher-priced properties. A down payment below 20% generally requires mortgage loan insurance, and you'll also need to budget for closing costs and other expenses.

There may also be programs and incentives available to eligible first-time buyers. A mortgage professional can help you understand your borrowing options, determine a comfortable price range, and explain which programs may apply to your situation.

You might be closer to being ready than you realize!

Is Now the Right Time to Buy in Calgary?

The Calgary real estate market offers different opportunities depending on the neighbourhood, property type, and price range. With conditions varying across the market, it's important to look beyond headlines and focus on what is happening in the areas you're considering.

For some buyers, a condo or townhouse may be a practical first step into homeownership. Others may be looking for a duplex, a smaller detached home, or a property that offers room to grow.

There is no one-size-fits-all answer. The right time to buy is when the numbers, your lifestyle, and your future plans align.

That's where having the right information makes a difference. Looking at comparable sales, current competition, monthly ownership costs, and your long-term goals can help you make a more confident decision.

Let's Start With a Conversation!

You don't need to be ready to buy tomorrow to start asking questions. Maybe you want to understand what your budget could look like, explore Calgary neighbourhoods, or find out what steps you should take before applying for a mortgage.

That's what we are here for!

As your Real Estate team, We can help you explore the market, compare properties, understand local pricing, and navigate the buying process from the first conversation through possession day. We can also connect you with trusted professionals who can help you prepare financially.

No pressure, no expectations, and no silly questions. Just honest advice, useful information, and a plan that makes sense for you.

Still renting and wondering what's next? Let's talk about homeownership!

Reach out for a friendly conversation about your goals and options. Your first home might be closer than you think, and we would love to help you explore the possibilities.

A Little Green, a Lot of Luck, and Plenty of Cheer ☘️💚

If there’s one day of the year when wearing green from head to toe is completely acceptable, it’s St. Patrick’s Day! And if you know me, you know this is right up my alley. Green is my favourite colour, so March 17th is pretty much my day to shine!

From shamrocks and festive sweaters to green accessories and maybe even a green smoothie to start the day, I’m always happy to embrace a little extra green. There’s just something fun about a day that encourages us to dress up, share a laugh, and spread a little happiness wherever we go.

A Little Irish Cheer Goes a Long Way

St. Patrick’s Day is a wonderful reminder that sometimes the simplest things can bring us joy. It doesn’t take a pot of gold at the end of a rainbow to make a day special. Sometimes, it’s a great cup of coffee, a conversation with a friend, a good laugh with family, or a small unexpected moment that makes you smile.

Of course, a little luck never hurts either! Whether you’re Irish by heritage or simply enjoy joining in the festivities, March 17th is a great excuse to add some fun to your day. Wear your favourite green outfit, enjoy a festive treat, listen to a little Irish music, or find a way to make someone else smile.

And if you happen to spot a shamrock or two along the way, consider it a little bonus!

Finding the Lucky Moments in Everyday Life

Life can get busy, and it's easy to get caught up in our daily routines. Between work, family, appointments, and everything else on the calendar, we don't always stop to appreciate the little things.

That's why I love occasions like St. Patrick's Day. They're a simple excuse to pause, have a little fun, and remember that happiness doesn't always have to come from something big. Sometimes, it's found in the everyday moments we might otherwise overlook.

For me, that might mean starting the morning with a strong coffee, wearing my favourite shade of green, spending time with the people I love, or sharing a laugh with someone who makes an ordinary day feel a little brighter.

Those are the moments that make life special, and I'd say there's a fair bit of luck in having them!

Wishing You a Little Extra Luck Today!

Whether you're celebrating with friends, enjoying a quiet day at home, heading out for some St. Patrick's Day festivities, or simply wearing a little green, I hope your day brings you plenty of reasons to smile.

May your coffee be strong, your worries be few, your laughter come easily, and your heart feel a little lighter. May you find happiness in the small things, kindness in unexpected places, and perhaps a little extra luck wherever your day takes you.

From my green-loving heart to yours, Happy St. Patrick's Day! ☘️💚

Now, if you'll excuse me, I have some green to wear and a little Irish cheer to spread!

Is Now the Time for First-Time Buyers to Enter the Calgary Market?

Based on MLS statistics from March 10, 2026

If you’ve been dreaming about owning your first home but have been waiting for the right time to make a move, it might be time to take another look at the Calgary real estate market! 🏡

One of the things we watch closely in real estate is the relationship between inventory and home prices. When more homes become available for sale, buyers often have more choices, and sellers may need to adjust their expectations to attract an offer. We’re seeing this dynamic play out in the market, creating opportunities worth exploring, especially for first-time home buyers.

But what does this really mean if you’re hoping to purchase your first home in Calgary or the surrounding communities? Let’s break it down!

More Inventory Means More Choices

Remember when finding a home meant rushing to view a property, competing with multiple buyers, and feeling pressured to make a decision quickly? In a competitive seller’s market, buyers can feel like they need to act immediately or risk missing out.

As inventory increases, the experience can begin to change.

More homes on the market can mean more opportunities to compare neighbourhoods, explore different property types, and find a home that better fits your lifestyle and budget. Instead of feeling rushed into a decision, buyers may have more time to consider their options, ask questions, and complete their due diligence.

For first-time buyers, that breathing room can make a real difference. Buying your first home is a big financial commitment, and you deserve to feel confident about the decision you’re making.

Why Rising Inventory Can Put Pressure on Prices

When the number of homes available for sale increases faster than buyer demand, sellers may face more competition. This can lead to longer selling times, more competitive pricing, and, in some cases, price reductions.

That doesn’t mean every home is suddenly a bargain or that prices will fall across every Calgary neighbourhood. Real estate is local, and different property types can experience very different market conditions.

A detached home in one community may attract strong interest, while a condominium in another area may have several comparable properties competing for the same buyers.

This is why looking at the overall market is only the beginning. Understanding the specific neighbourhood, property type, price range, and competition is what helps you recognize a genuine opportunity.

Is This a Good Time to Buy Your First Home?

For some first-time buyers, absolutely! A changing market can create opportunities that may have been harder to find when competition was stronger.

Here are a few reasons it may be worth starting the conversation:

More negotiating opportunities. Depending on the property and seller's circumstances, there may be room to negotiate price, conditions, possession dates, or other terms.

More time to make informed decisions. With less competition on some properties, you may have more opportunity to review comparable sales, arrange a professional home inspection, and understand what you’re purchasing.

A chance to explore different options. Perhaps you originally thought you needed a detached home, but a townhouse with a garage offers a more comfortable starting point. Or maybe a condominium could help you enter the market while keeping your monthly expenses manageable.

A plan for building equity. Homeownership can be one way to build long-term financial stability, provided the purchase fits your budget and plans. Your first home doesn’t have to be your forever home. It can be the first step in your homeownership journey.

Of course, buying should never be about trying to time the market perfectly. Interest rates, mortgage qualification, condo fees, maintenance costs, and your personal financial situation all matter. The goal is to find a home you can comfortably afford and feel good about owning.

Preparation Is the First Step

Before we start opening doors, let's make sure you’re ready!

Getting pre-approved for a mortgage can help you understand your budget and give you a clearer picture of what your monthly payments might look like. It’s also worth planning for your down payment, closing costs, moving expenses, and an emergency fund for those unexpected homeownership surprises.

From there, we can talk about your priorities. Where would you like to live? How much space do you need? Is a garage important? Would you consider a townhouse or condominium? What does your ideal monthly payment look like?

Once we understand what matters most to you, we can start looking at available properties and comparing them with recent sales. My goal is to help you understand the numbers, recognize value, and make an informed decision — not simply find you a house.

And if the numbers tell us a property isn't the right fit, we'll keep looking. There is no benefit in rushing into a purchase that doesn't make sense for you.

Let's Find Your First Home!

The Calgary real estate market continues to evolve, and rising inventory can create opportunities for buyers who are prepared and know what to look for.

You don't need to have everything figured out before reaching out. Whether you're just beginning to think about homeownership, wondering how much you can afford, or ready to start viewing properties, I'm happy to help you understand your options.

At Russell Realty with CIR Realty, Carl and I believe real estate is about people first. Sometimes that means finding the perfect property, and sometimes it means helping you decide to wait until the timing is right for you.

Your first home journey starts with a conversation — and we'd love to be part of it!

Let's chat, get you prepared, and explore what's available in Calgary and the surrounding communities. Your opportunity might be closer than you think!

Gwen & Carl Russell | Russell Realty with CIR Realty
Calgary & Surrounding Areas

Some days call for a little family time, a fun outing, and, of course, ice cream! 🍦

I had the chance to head out with these two to redeem our latest LOLO gift at Love at First Scoop at the Calgary Farmers’ Market - West, and let me tell you… it really was love at first scoop! ❤️ We all left with happy hearts, full smiles, and a delicious treat to enjoy.

Honestly, who doesn’t love a little ice cream outing? Add in some quality time together and the chance to support a local business, and I’d call that a pretty great day!

One of my favourite parts of these LOLO outings is discovering local businesses and having an excuse to visit places we might not otherwise have tried. Calgary and the surrounding communities have so many wonderful local gems, and I love being able to share in the fun while supporting the people behind them.

What Is LOLO? Locals Supporting Locals! ❤️

If you’ve been following along with my LOLO adventures, you’ve probably noticed that I’ve been sharing a few of these fun little outings lately!

LOLO is a client appreciation program through CIR Realty that celebrates local businesses and helps us stay connected with our clients in a fun, meaningful way.

Here’s the scoop: registered clients have the opportunity to receive a FREE gift or treat every month from a different participating local business! 🎁

It’s a wonderful way to discover new favourites, enjoy something special, and support the small businesses that help make our communities unique. From sweet treats and delicious goodies to plants, flowers, and other local surprises, each month brings something new to enjoy.

The LOLO gifting zones have been divided into three areas to help connect clients with participating businesses in their region:

📍 North Calgary

📍 South Calgary

📍 Cochrane

These designated zones help organize the program and connect clients with local participating businesses in their area.

Want to Be Part of the Fun?

If you’re a Russell Realty client and would love to enjoy your own monthly LOLO surprise,reach out we’d be happy to help get you added to the program so you can join in on the fun.

I love that being a Realtor gives me opportunities to do more than help people buy and sell homes. It gives me a chance to build relationships, stay connected, and support the communities we call home.

And if we get to enjoy some ice cream along the way? Even better! 

Russell Realty with CIR Realty — Locals Supporting Locals, one scoop (and one local business) at a time! ❤️

This Could Be Your Sign to Start Looking!

Buying your first home is an exciting milestone. Maybe you’ve been scrolling through listings over your morning coffee, saving townhomes you love, or wondering whether owning a home is finally within reach. If that sounds familiar, this could be the perfect time to start exploring your options!

According to year-over-year MLS statistics up to February 24, 2026, townhome prices have dropped by more than 7% compared with the previous year. Combined with a more stable interest-rate environment, this shift may create new opportunities for first-time buyers looking to enter the Calgary real estate market.

And here’s the good news: you don’t have to have everything figured out before you begin. Sometimes, the first step is simply having a conversation.

Why First-Time Buyers Should Be Paying Attention

For many first-time buyers, affordability is the biggest hurdle. Between saving for a down payment, qualifying for a mortgage, and managing everyday expenses, the idea of purchasing a home can feel overwhelming.

When townhome prices soften, however, buyers may have more options within their budget than they did a year ago. A property that once felt just out of reach might now be worth a second look.

A price decrease of more than 7% year over year is worth paying attention to, especially if you’re considering a townhome as your first step into homeownership. While every property and community is different, changing market conditions can open doors that may not have been available previously.

It’s also important to remember that a lower purchase price can affect more than just the amount you pay for the home. Depending on your mortgage terms and down payment, it may also influence your monthly mortgage payment.

That doesn’t mean every home is suddenly affordable, or that every property represents a great deal. It means there may be opportunities worth exploring—and that’s where having the right information makes all the difference.

Why Consider a Townhome for Your First Home?

Townhomes can offer a wonderful balance between affordability, space, and convenience. For buyers who aren't quite ready for a detached home, they can be an appealing alternative.

Depending on the property, you may enjoy multiple bedrooms, additional living space, a private entrance, and sometimes a garage or outdoor area. That can make a townhome a practical choice for young professionals, couples, small families, or anyone who wants more room to grow.

Townhome living can also provide an opportunity to build equity over time, rather than continuing to rent. As you make mortgage payments and gradually pay down your principal, you build ownership in your property. Of course, property values can rise or fall, and homeownership comes with additional responsibilities and expenses, so it’s important to look at the full picture.

One thing we always encourage buyers to do is look beyond the listing price. Condo fees, insurance, property taxes, utilities, maintenance, and potential special assessments can all affect the true cost of owning a townhome. Understanding those details before making an offer helps you make a confident, informed decision.

Interest Rates and Your Buying Power

Interest rates are another piece of the homeownership puzzle. When rates stabilize, it can become easier to plan and compare mortgage options, although your actual borrowing power will depend on your income, debts, down payment, credit profile, and the mortgage rate you qualify for.

Rather than trying to time the market perfectly, We encourage first-time buyers to focus on what works for their own financial situation. A conversation with a qualified mortgage professional can help you understand your price range, estimated monthly payments, and the costs you’ll need to prepare for before you start shopping.

Getting pre-approved before viewing homes can also help you move forward with confidence when the right property comes along.

Is Now the Right Time to Buy in Calgary?

There isn't one perfect time to buy a home that works for everyone. But when prices adjust and buyers have more options to consider, it's certainly worth taking a closer look.

Calgary's market can vary significantly depending on the neighbourhood and property type. In February 2026, CREB® reported a benchmark price of $423,600 for row homes, approximately 5% lower than a year earlier. Apartment-style condominiums saw an even larger decline, with benchmark prices down more than 9% year over year. These figures highlight why it's important to look at the specific type of property you're considering rather than relying on one citywide number.

For buyers, that means doing your homework, comparing similar properties, and understanding what homes are actually selling for—not just what sellers are asking.

And remember, you don't have to rush into a purchase simply because the market presents an opportunity. The goal isn't just to buy a home. It's to find the right home at a price that makes sense for you.

Let's Find Your Place to Call Home!

Your first home doesn't have to be your forever home. It can be the place where you start building equity, create new memories, make your space your own, and take that exciting next step toward your future.

If you've been dreaming about homeownership but aren't sure where to begin, let's talk. We can explore your options, look at neighbourhoods that fit your lifestyle, review current listings, and work through the numbers together.

No pressure. No expectation that you need to be ready tomorrow. Just honest advice, helpful information, and a plan that fits your goals.

Because sometimes, the biggest step toward owning your first home is simply deciding to start looking.

Dreaming about your first home? Let's go find your place to call home!

Gwen & Carl Russell
Russell Realty | CIR Realty
Calgary & Surrounding Areas

Sometimes the best mornings are the simple ones spent with someone you love, enjoying a little treat and discovering something local!

I recently enjoyed a morning out with Jocelyn, redeeming our latest LOLO gift at Edelweiss Village. And let me tell you, it was a win-win kind of morning! Not only did we get to enjoy our LOLO gift, but we also treated ourselves to a wonderful hot chocolate as part of the YYC Hot Chocolate Fest. ☕🍫

A little mother-daughter time, a delicious drink, and the chance to support local businesses? You really can't go wrong with that combination!

I love finding little reasons to get out and explore Calgary. Sometimes we get so caught up in our everyday routines that we forget how many wonderful local businesses and unique places are right here in our own backyard. Outings like this are a great reminder to slow down, enjoy the moment, and make memories along the way.

And when a free LOLO gift is part of the adventure, that's even sweeter!

What Is LOLO? Locals Supporting Locals! ❤️

If you've seen me sharing my LOLO adventures, you might be wondering what it's all about.

LOLO is a client appreciation program through CIR Realty that connects our clients with participating local businesses. The idea is simple: celebrate our clients while helping shine a spotlight on the amazing businesses that make our communities special.

Registered clients have the opportunity to receive a FREE gift or treat every month from a different participating local business!

It's a fun way to discover new favourites, try something different, and support local entrepreneurs. Whether it's a tasty treat, a little gift, or another fun surprise, there's something special about getting to experience what our local business community has to offer.

The LOLO gifting zones have also been divided into three areas to help connect clients with participating businesses in their region:

📍 North Calgary

📍 South Calgary

📍 Cochrane

These zones help organize the program and connect participants with businesses in their designated areas.

Why I Love Supporting Local

For me, real estate has always been about more than houses and paperwork. It's about people, relationships, and community.

I love being able to introduce clients to opportunities like LOLO because staying connected shouldn't end when a transaction is complete. Whether we're chatting about the market, sharing home tips, or enjoying a local treat, building relationships is what makes this business so rewarding.

And when I get to spend some quality time with Jocelyn while supporting local businesses? That's a bonus I won't complain about!

Want to Join the LOLO Fun? 🎁

If you're a Russell Realty client and would love to be added to the LOLO program to receive a free monthly gift or treat, Reach Out We'd be happy to help you get connected.

Let's keep supporting our local businesses, discovering Calgary's hidden gems, and enjoying a few little surprises along the way.

Because sometimes the best things in life are a warm hot chocolate, time with family, and a little local love. ❤️

Russell Realty with CIR Realty — Locals Supporting Locals, one treat at a time!