Real Estate Blog

CALGARY AND AREA HOUSING MARKET REPORT – APRIL 18, 2026

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 131 residential sales on April 17, up from 79 on April 16 and 86 on April 15. New listings came in at 221, while active inventory increased to 6,067 homes, up 2.99% year over year.

Inventory continues to rise modestly, giving buyers more choice while still maintaining relatively stable market conditions.

SEVEN-DAY TRAILING TRENDS
From April 11 to April 17, total residential sales reached 513, down 7.90% compared to the same period last year.

New listings totaled 969 (-2.22% YoY), while active inventory rose to 6,067 homes (+2.99%).

The median price increased 1.69% to $600,000, while the average price rose 5.22% to $686,141.

Days on market averaged 36 days, up from 28 days last year, indicating a slower, more balanced pace.

MONTH-TO-DATE MARKET CONTEXT (APRIL)
As of April 17, total sales are 1,161, down 10.35% year over year.

New listings total 2,337 (-10.08%), while active listings have risen to 6,067 (+2.99%).

The median price remains steady at $585,000 (0.00% change), while the average price has increased to $665,849 (+4.08%).

YEAR-TO-DATE PERFORMANCE
Year-to-date sales total 5,798, down 12.40% from 2025.

New listings are at 11,302 (-8.48%).

The median price is $572,500 (-0.78%), while the average price has increased to $637,909 (+2.06%).

Days on market are averaging 41 days, compared to 32 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 shape buyer behaviour.

ECONOMIC AND ENERGY CONTEXT
Elevated oil prices continue to support Alberta’s economic position, strengthening provincial revenues, employment, and interprovincial migration—key drivers of housing demand.

MONETARY POLICY AND FINANCIAL MARKETS
The Bank of Canada remains cautious, holding rates steady while monitoring inflation and broader economic signals.

CALGARY ECONOMIC INDICATORS
Strong population growth, steady employment, and relative affordability compared to other major Canadian cities continue to support Calgary’s long-term housing demand.

COMMUNITY SPOTLIGHT – AIRDRIE
Airdrie continues to see strong growth as buyers look for more affordable options just outside Calgary. With expanding amenities, schools, and quick access to the city, it remains a top choice for families and first-time buyers.

MARKET SUMMARY
Calgary’s housing market continues its transition toward more balanced conditions. Inventory gains and softer sales are easing pressure, while stable-to-rising prices highlight ongoing demand in key segments of the market.