Real Estate Blog

CALGARY AND AREA HOUSING MARKET REPORT – APRIL 5, 2026

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 22 residential sales on April 4, down from 61 on April 3 and 103 on April 2. New listings came in at 53, while active inventory increased to 5,652 homes, up 3.35 percent year over year.

Inventory continues to trend higher, giving buyers more options and contributing to a more balanced market environment.

SEVEN-DAY TRAILING TRENDS
For the period of March 29 to April 4, Calgary recorded 414 total residential sales, down 16.53 percent compared with the same period in 2025.

New listings totaled 733, down 21.35 percent year over year, while active listings remain elevated at 5,652.

The median price for the week was $575,925, down 3.85 percent year over year, while the average price increased slightly by 0.51 percent to $652,707.

Days on market averaged 34 days compared to 29 days last year, indicating a slower pace of sales activity.

MONTH-TO-DATE MARKET CONTEXT (APRIL)
Through April 4, Calgary has recorded 265 total residential sales, down 23.63 percent compared with the same time last year.

New listings total 553, down 30.61 percent year over year, while active inventory is 5,652 homes, up 3.35 percent.

The median price is $566,000, down 7.52 percent year over year, while the average price is $647,343, down 1.98 percent. Early-month volatility continues to influence pricing metrics.

YEAR-TO-DATE PERFORMANCE
Year to date, Calgary has recorded 4,902 total residential sales, down 13.56 percent compared with 2025.

New listings total 9,518, down 9.76 percent year over year. The median price is $570,000, down 1.21 percent, while the average price is $631,812, up 1.27 percent.

Days on market remain elevated at 42 days versus 33 days last year, reinforcing more balanced conditions.

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%

Borrowers continue to navigate a steady but elevated rate environment, with many opting for shorter-term flexibility while watching for potential rate cuts later in the year.

ECONOMIC AND ENERGY CONTEXT
Alberta’s economy remains supported by elevated oil prices, strengthening provincial revenues and improving budget conditions. This economic backdrop continues to support employment growth and interprovincial migration into Calgary.

MONETARY POLICY AND FINANCIAL MARKETS
The Bank of Canada continues to hold its policy rate steady as it monitors inflation trends. Markets remain watchful for potential rate cuts later in 2026, though timing is still uncertain.

CALGARY ECONOMIC INDICATORS
Strong population growth, relative affordability, and continued migration into Alberta remain key drivers supporting long-term housing demand in Calgary.

COMMUNITY SPOTLIGHT – HIGH RIVER
High River offers a small-town lifestyle just south of Calgary, with a growing appeal for buyers seeking affordability, charm, and a quieter pace of life. Its proximity to the city and strong sense of community continue to attract families and investors alike.

MARKET SUMMARY
Calgary’s housing market is continuing its shift toward balanced conditions. Rising inventory, softer sales, and stable pricing trends are creating a more measured environment for both buyers and sellers as the spring market progresses.