Calgary's January housing market showed a decline in sales, especially for high-density homes, with 1,234 sales and increased inventory at 4,391 units, the highest since 2020. Benchmark prices fell nearly 5% year-over-year. Detached homes had balanced conditions with a $724,000 benchmark price. Semi-detached and row homes saw rising supply and price stability or declines. Apartment sales struggled with a 35% sales-to-new-listings ratio and an $301,200 benchmark price, down 8% year-over-year. Regional markets showed varied sales and price declines.