Real Estate Blog

CALGARY AND AREA HOUSING MARKET REPORT – APRIL 10, 2026

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 74 residential sales on April 9, down slightly from 79 on April 8 but up from 57 on April 7. New listings came in at 280, while active inventory rose to 5,803 homes, up 5.03 percent year over year.

Inventory continues to build, giving buyers more options and contributing to a more balanced market environment.

SEVEN-DAY TRAILING TRENDS
For the period of April 3 to April 9, Calgary recorded 353 total residential sales, down 30.92 percent compared with the same period in 2025.

New listings totaled 790, down 23.82 percent year over year, while active inventory climbed to 5,803 homes.

The median price for the week was $570,000, up slightly by 0.88 percent year over year, while the average price increased 2.28 percent to $642,337.

Days on market averaged 37 days, up from 28 days last year, indicating slower absorption and continued market balancing.

MONTH-TO-DATE MARKET CONTEXT (APRIL)
Through April 9, Calgary has recorded 535 total residential sales, down 18.07 percent compared with the same time last year.

New listings total 1,161, down 11.24 percent year over year, while active listings are at 5,803, up 5.03 percent.

The median price is $570,000, down 0.87 percent year over year, while the average price is $639,665, up 1.00 percent.

YEAR-TO-DATE PERFORMANCE
Year to date, Calgary has recorded 5,172 total residential sales, down 13.47 percent compared with 2025.

New listings total 10,126, down 8.43 percent year over year. The median price is $570,000, down 0.87 percent, while the average price is $631,829, up 1.45 percent.

Days on market remain elevated at 42 days compared with 33 days last year, reinforcing a shift toward more balanced conditions.

MORTGAGE RATE ENVIRONMENT
1 year fixed: 4.39% – 4.79%
3 year fixed: 3.59% – 4.49%
5 year fixed: 3.69% – 4.49%
10 year fixed: 5.50% – 5.80%
3 year variable: 3.35% – 3.95%
5 year variable: 3.35% – 4.45%

Borrowers continue to weigh fixed versus variable options as they watch for potential rate cuts later this year.

ECONOMIC AND ENERGY CONTEXT
Alberta continues to benefit from elevated oil prices, strengthening provincial revenues and supporting a more stable budget outlook. This is contributing to economic growth, employment gains, and sustained migration into Calgary and surrounding areas.

MONETARY POLICY AND FINANCIAL MARKETS
The Bank of Canada remains in a holding pattern, carefully monitoring inflation while markets anticipate potential easing later in 2026.

CALGARY ECONOMIC INDICATORS
Strong population growth and relative affordability compared to other major Canadian cities continue to support long-term housing demand, even as short-term conditions soften.

COMMUNITY SPOTLIGHT – CHESTERMERE
Chestermere continues to attract buyers looking for lakeside living just east of Calgary. With a growing population, strong community feel, and access to recreational amenities, it remains a desirable option for families and commuters seeking more space.

MARKET SUMMARY
Calgary’s housing market continues to transition toward balanced conditions. Rising inventory, softer sales, and stable pricing trends are creating a more sustainable environment, offering increased opportunities for buyers while maintaining long-term market stability.