Real Estate Blog

CALGARY AND AREA HOUSING MARKET REPORT – APRIL 7, 2026

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 43 residential sales on April 6, up from 16 on April 5 but down from 22 on April 4. New listings came in at 59, while active inventory eased slightly to 5,627 homes, up 2.20 percent year over year.

Inventory remains elevated compared to last year, continuing to give buyers more selection and negotiating power.

SEVEN-DAY TRAILING TRENDS
For the period of March 31 to April 6, Calgary recorded 399 total residential sales, down 17.90 percent compared with the same period in 2025.

New listings totaled 712, down 28.01 percent year over year, while active listings remain elevated at 5,627.

The median price for the week was $570,000, down 2.81 percent year over year, while the average price declined 1.40 percent to $635,877.

Days on market averaged 35 days, up from 29 days last year, pointing to slower absorption and more balanced conditions.

MONTH-TO-DATE MARKET CONTEXT (APRIL)
Through April 6, Calgary has recorded 324 total residential sales, down 23.22 percent compared with the same time last year.

New listings total 635, down 31.43 percent year over year, while active inventory is 5,627 homes, up 2.20 percent.

The median price is $553,750, down 7.09 percent year over year, while the average price is $630,554, down 2.34 percent.

YEAR-TO-DATE PERFORMANCE
Year to date, Calgary has recorded 4,961 total residential sales, down 13.66 percent compared with 2025.

New listings total 9,600, down 10.08 percent year over year. The median price is $569,000, down 1.13 percent, while the average price is $630,901, up 1.23 percent.

Days on market remain elevated at 42 days versus 33 days last year, reinforcing a shift toward 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 weigh fixed versus variable options as they anticipate potential rate changes later in the year.

ECONOMIC AND ENERGY CONTEXT
Alberta continues to benefit from higher oil prices, which are supporting provincial revenues and strengthening the overall fiscal position. This contributes to economic stability, job growth, and sustained migration into Calgary.

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

CALGARY ECONOMIC INDICATORS
Strong population growth, interprovincial migration, and relative affordability compared to other major Canadian cities continue to underpin long-term housing demand.

COMMUNITY SPOTLIGHT – OKOTOKS
Okotoks continues to draw buyers seeking a quieter, family-oriented lifestyle within commuting distance of Calgary. Known for its small-town charm, strong community feel, and access to outdoor amenities, it remains a desirable alternative market.

MARKET SUMMARY
Calgary’s housing market continues shifting toward more balanced conditions, with softer sales, rising inventory, and moderate price adjustments shaping a more stable and sustainable environment as the spring market progresses.