Real Estate Blog

CALGARY AND AREA HOUSING MARKET REPORT – APRIL 17, 2026

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 79 residential sales on April 16, compared to 86 on April 15 and 71 on April 14. New listings came in at 282, while active inventory increased to 6,014 homes, up 3.85% year over year.

Inventory is beginning to trend upward, giving buyers more options and easing competitive pressure.

SEVEN-DAY TRAILING TRENDS
From April 10 to April 16, total residential sales reached 494, down 8.69% compared to the same period last year.

New listings totaled 955 (-9.31% YoY), while active inventory rose to 6,014 homes (+3.85%).

The median price increased slightly by 0.33% to $600,000, while the average price rose 6.35% to $685,652.

Days on market averaged 36 days, up from 29 days last year, reflecting a more balanced and slower-paced market.

MONTH-TO-DATE MARKET CONTEXT (APRIL)
As of April 16, total sales are 1,030, down 13.74% year over year.

New listings total 2,116 (-10.38%), while active listings have risen to 6,014 (+3.85%).

The median price is holding steady at $585,000 (0.00% change), while the average price has increased to $661,699 (+3.63%).

YEAR-TO-DATE PERFORMANCE
Year-to-date sales total 5,667, down 13.06% from 2025.

New listings are at 11,082 (-8.50%).

The median price is $571,028 (-1.04%), while the average price has increased to $636,508 (+1.91%).

Days on market remain elevated at 41 days compared to 33 days last year.

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%

Financing conditions remain stable, though affordability continues to influence buyer activity.

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

MONETARY POLICY AND FINANCIAL MARKETS
The Bank of Canada remains in a holding pattern, closely monitoring inflation trends and economic data before making further rate decisions.

CALGARY ECONOMIC INDICATORS
Strong population growth and relative affordability compared to other major Canadian markets continue to underpin long-term housing demand.

COMMUNITY SPOTLIGHT – COCHRANE
Cochrane continues to attract buyers seeking a balance between small-town living and proximity to Calgary. With strong growth, expanding amenities, and access to outdoor recreation, it remains a highly desirable community for families and commuters.

MARKET SUMMARY
Calgary’s housing market continues shifting toward balanced conditions. Rising inventory and slower sales are giving buyers more leverage, while steady pricing—particularly in the average price—reflects continued demand in select segments of the market.