Real Estate Blog

CALGARY AND AREA HOUSING MARKET REPORT – APRIL 16, 2026

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 86 residential sales on April 15, up from 71 on April 14 and 66 on April 13. New listings came in at 171, while active inventory rose slightly to 5,856 homes (+1.26% YoY).

Inventory levels continue to stabilize, supporting more balanced conditions across the market.

SEVEN-DAY TRAILING TRENDS
For the period of April 9 to April 15, total residential sales reached 490, down 10.42% compared to the same period in 2025.

New listings totaled 953 (-11.35% YoY), while active inventory increased slightly to 5,856 homes (+1.26%).

The median price rose 4.61% to $606,750, while the average price jumped 18.18% to $752,465, driven by several higher-priced sales.

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

MONTH-TO-DATE MARKET CONTEXT (APRIL)
Through April 15, Calgary has recorded 951 total residential sales, down 13.94% year over year.

New listings total 1,834 (-17.39%), while active listings sit at 5,856 (+1.26%).

The median price is $585,000 (+0.52%), while the average price has increased to $696,274 (+8.92%).

YEAR-TO-DATE PERFORMANCE
Year-to-date sales total 5,588, down 13.08% from 2025.

New listings are at 10,799 (-9.78%). The median price is $572,000 (-0.52%), while the average price is $642,037 (+2.80%).

Days on market remain elevated at 41 days compared to 33 days last year, reinforcing a more balanced 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, though affordability continues to influence buyer behavior.

ECONOMIC AND ENERGY CONTEXT
Higher oil prices continue to strengthen Alberta’s economic outlook, supporting government revenues, employment growth, and ongoing migration into Calgary.

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

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

COMMUNITY SPOTLIGHT – CHESTERMERE
Chestermere continues to attract buyers seeking a lakeside lifestyle just east of Calgary. With continued residential growth, improved infrastructure, and strong appeal for families, it remains a key contributor to regional housing demand.

MARKET SUMMARY
Calgary’s housing market continues its shift toward balanced conditions. While sales remain below last year’s levels, stable inventory and upward price pressure—particularly in the average price—highlight ongoing demand in select segments of the market.