April saw a slight decrease in sales compared to last year. 

But this dip wasn't big enough to counterbalance the overall improvement in year-to-date sales, which rose by seven per cent.

The decrease in April's sales can partly be attributed to a reduction in new home sales within the resale market, according to the Calgary Real Estate Board (CREB). 

There was an improvement in new listings compared to sales, leading to a slight increase in inventory levels. This contributed to pushing the months of supply up to nearly two months.

Despite this change, the market conditions remain relatively tight, resulting in continued price increases.

"Prices rose across all property types. In April, the unadjusted total residential benchmark price reached $561,000, one per cent higher than last month and nearly 11 per cent higher than April 2023." stated CREB.