Real Estate Blog

CALGARY AND AREA HOUSING MARKET REPORT – APRIL 13, 2026

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 31 residential sales on April 12, down from 49 on April 11 and 112 on April 10. New listings came in at 36, while active inventory held steady at 5,850 homes, essentially unchanged year over year (-0.12%).

Inventory levels remain elevated, continuing to ease pressure on buyers and contribute to more balanced market conditions.

SEVEN-DAY TRAILING TRENDS
For the period of April 6 to April 12, total residential sales reached 447, down 11.49% compared to the same period in 2025.

New listings totaled 893 (-18.30% YoY), while active inventory remained stable at 5,850 homes.

The median price rose 3.72% to $586,000, while the average price increased 4.85% to $658,874.

Days on market averaged 36 days, up from 29 days last year, indicating a slower pace of sales.

MONTH-TO-DATE MARKET CONTEXT (APRIL)
Through April 12, Calgary has recorded 728 total residential sales, down 19.38% year over year.

New listings total 1,469 (-25.66%), while active listings sit at 5,850 (-0.12%).

The median price is $580,000 (-0.17%), while the average price has risen to $654,054 (+2.65%).

YEAR-TO-DATE PERFORMANCE
Year-to-date sales total 5,364, down 13.86% from 2025.

New listings are at 10,434 (-11.02%). The median price is $570,000 (-0.87%), while the average price is $634,034 (+1.65%).

Days on market remain elevated at 41 days compared to 33 days last year, reinforcing a more balanced market environment.

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%

Borrowing conditions remain relatively stable, with buyers continuing to weigh affordability against expectations for potential rate cuts later in 2026.

ECONOMIC AND ENERGY CONTEXT
Higher oil prices continue to support Alberta’s economic outlook, strengthening provincial revenues and supporting employment growth and interprovincial migration into Calgary.

MONETARY POLICY AND FINANCIAL MARKETS
The Bank of Canada remains in a holding pattern, with markets closely watching for signals of future rate adjustments as inflation trends stabilize.

CALGARY ECONOMIC INDICATORS
Population growth and relative affordability compared to other major Canadian cities continue to underpin long-term housing demand, even as short-term activity softens.

COMMUNITY SPOTLIGHT – OKOTOKS
Okotoks continues to attract buyers seeking a quieter, family-oriented lifestyle just south of Calgary. With strong community amenities, schools, and access to outdoor recreation, it remains a desirable option for those looking to balance affordability and quality of life.

MARKET SUMMARY
Calgary’s housing market continues its transition toward balanced conditions. While sales activity remains below last year’s levels, stable pricing and increased inventory are creating a healthier, more sustainable environment for both buyers and sellers.