Real Estate Blog

CALGARY AND AREA HOUSING MARKET REPORT – APRIL 19, 2026

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 58 residential sales on April 18, down from 131 on April 17 and 79 on April 16. New listings came in at 68, while active inventory sits at 6,065 homes, up 2.29% year over year.

Inventory levels remain elevated compared to last year, continuing to improve buyer choice across the market.

SEVEN-DAY TRAILING TRENDS
From April 12 to April 18, total residential sales reached 522, up 1.75% compared to the same period last year.

New listings totaled 972 (+14.22% YoY), while active inventory rose to 6,065 homes (+2.29%).

The median price increased 1.28% to $592,500, while the average price rose 5.42% to $678,532.

Days on market averaged 36 days, compared to 28 days last year, reflecting a more balanced pace.

MONTH-TO-DATE MARKET CONTEXT (APRIL)
As of April 18, total sales are 1,219, down 11.67% year over year.

New listings total 2,405 (-12.42%), while active listings have risen to 6,065 (+2.29%).

The median price is $585,000 (+0.52%), while the average price has increased to $663,170 (+3.59%).

YEAR-TO-DATE PERFORMANCE
Year-to-date sales total 5,856, down 12.65% from 2025.

New listings are at 11,370 (-9.01%).

The median price is $572,000 (-0.87%), while the average price has increased to $637,628 (+1.97%).

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 relatively stable, though affordability continues to influence buyer decisions.

ECONOMIC AND ENERGY CONTEXT
Higher oil prices continue to strengthen Alberta’s economic outlook, supporting government revenues, job growth, and migration into the province—all key drivers of housing demand.

MONETARY POLICY AND FINANCIAL MARKETS
The Bank of Canada continues to hold rates steady while monitoring inflation trends, maintaining a cautious stance.

CALGARY ECONOMIC INDICATORS
Population growth, steady employment, and relative affordability compared to other major Canadian cities continue to underpin long-term housing demand.

COMMUNITY SPOTLIGHT – OKOTOKS
Okotoks remains a highly desirable community just south of Calgary, known for its small-town charm, strong schools, and family-friendly environment. With continued growth and improved amenities, it’s an attractive option for buyers seeking more space while staying connected to the city.

MARKET SUMMARY
Calgary’s housing market is continuing its shift toward balanced conditions. Rising inventory and stable pricing are creating more opportunities for buyers, while sellers still benefit from resilient price levels in many segments.