Real Estate Blog

CALGARY AND AREA HOUSING MARKET REPORT – APRIL 6, 2026

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 16 residential sales on April 5, down from 22 on April 4 and 61 on April 3. New listings came in at 23, while active inventory held steady at 5,652 homes, up 2.84 percent year over year.

Inventory levels remain elevated, continuing to provide buyers with more choice and easing some of the pressure seen in previous years.

SEVEN-DAY TRAILING TRENDS
For the period of March 30 to April 5, Calgary recorded 412 total residential sales, down 16.26 percent compared with the same period in 2025.

New listings totaled 721, down 25.90 percent year over year, while active listings remain elevated at 5,652.

The median price for the week was $577,425, down 0.70 percent year over year, while the average price increased by 1.30 percent to $649,559.

Days on market averaged 35 days, up from 29 days last year, indicating a slower pace of sales activity.

MONTH-TO-DATE MARKET CONTEXT (APRIL)
Through April 5, Calgary has recorded 281 total residential sales, down 29.40 percent compared with the same time last year.

New listings total 576, down 34.77 percent year over year, while active inventory is 5,652 homes, up 2.84 percent.

The median price is $568,000, down 4.96 percent year over year, while the average price is $646,404, relatively stable with a slight decline of 0.29 percent.

YEAR-TO-DATE PERFORMANCE
Year to date, Calgary has recorded 4,918 total residential sales, down 14.05 percent compared with 2025.

New listings total 9,541, down 10.27 percent year over year. The median price is $570,000, down 1.08 percent, while the average price is $631,809, up 1.36 percent.

Days on market remain elevated at 42 days versus 33 days last year, reinforcing more balanced market 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 balance stability and flexibility, with many watching closely for potential rate adjustments later in the year.

ECONOMIC AND ENERGY CONTEXT
Alberta’s economic position remains supported by higher oil prices, strengthening provincial revenues and supporting overall economic stability. This continues to play a role in sustaining migration and housing demand in Calgary.

MONETARY POLICY AND FINANCIAL MARKETS
The Bank of Canada continues to hold its policy rate steady while monitoring inflation. Market expectations remain focused on potential rate cuts later in 2026.

CALGARY ECONOMIC INDICATORS
Population growth, interprovincial migration, and relative housing affordability compared to other major Canadian cities continue to support long-term demand fundamentals.

COMMUNITY SPOTLIGHT – AIRDRIE
Airdrie continues to attract buyers looking for affordability and accessibility just north of Calgary. With strong population growth, expanding amenities, and family-friendly communities, it remains a key market to watch in the region.

MARKET SUMMARY
Calgary’s housing market continues its transition toward more balanced conditions. Elevated inventory, softer sales, and relatively stable pricing are creating a more measured environment as the spring market unfolds.