Real Estate Blog

CALGARY AND AREA HOUSING MARKET REPORT – APRIL 21, 2026

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 72 residential sales on April 20, up from 21 on April 19 and 58 on April 18. New listings came in at 70, while active inventory is sitting at 5,993 homes, up 1.35% year over year.

Inventory remains elevated, continuing to give buyers more choice and easing competitive pressure across most segments.

SEVEN-DAY TRAILING TRENDS
From April 14 to April 20, total residential sales reached 518, up 2.17% compared to the same period last year.

New listings totaled 944 (+17.27% YoY), while active inventory held at 5,993 homes (+1.35%).

The median price came in at $600,000 (+1.69%), while the average price rose 3.88% to $663,155.

Days on market averaged 34 days, up from 27 days last year, indicating a more balanced pace of sales.

MONTH-TO-DATE MARKET CONTEXT (APRIL)
As of April 20, total sales are 1,311, down 9.15% year over year.

New listings total 2,505 (-11.04%), while active listings have increased to 5,993 (+1.35%).

The median price is $585,500 (+0.09%), while the average price has increased to $661,817 (+3.63%).

YEAR-TO-DATE PERFORMANCE
Year-to-date sales total 5,947, down 12.12% from 2025.

New listings are at 11,470 (-8.72%).

The median price is $573,500 (-0.69%), while the average price has increased to $637,781 (+2.02%).

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, with buyers continuing to navigate affordability and rate expectations.

ECONOMIC AND ENERGY CONTEXT
Higher oil prices continue to strengthen Alberta’s fiscal position, supporting government revenues and contributing to a more favourable provincial budget outlook. This environment is helping sustain job growth and interprovincial migration, both of which support long-term housing demand.

MONETARY POLICY AND FINANCIAL MARKETS
The Bank of Canada remains in a holding pattern, as policymakers monitor inflation trends. Markets continue to anticipate potential rate cuts later in 2026, though timing remains uncertain.

COMMUNITY SPOTLIGHT – AIRDRIE
Airdrie continues to be a fast-growing community just north of Calgary, offering a mix of affordability, newer housing developments, and strong family appeal. With easy access to Calgary and expanding local amenities, it remains a popular choice for buyers seeking value outside the city core.

MARKET SUMMARY
Calgary’s housing market is showing signs of stabilization, with modest gains in prices and slightly improved weekly sales activity. Elevated inventory and longer selling times continue to support a more balanced market, giving buyers increased flexibility while maintaining overall price resilience.