Real Estate Blog

CALGARY AND AREA HOUSING MARKET REPORT – APRIL 8, 2026

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 57 residential sales on April 7, up from 44 on April 6 and 16 on April 5. New listings came in at 110, while active inventory increased slightly to 5,639 homes, up 2.79 percent year over year.

Inventory levels remain elevated compared to last year, continuing to shift conditions in favor of buyers with more choice and less urgency.

SEVEN-DAY TRAILING TRENDS
For the period of April 1 to April 7, Calgary recorded 382 total residential sales, down 21.88 percent compared with the same week in 2025.

New listings totaled 745, down 27.17 percent year over year, while active inventory remained higher at 5,639 homes.

The median price for the week was $562,500, down 4.66 percent year over year, while the average price declined 2.04 percent to $626,044.

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

MONTH-TO-DATE MARKET CONTEXT (APRIL)
Through April 7, Calgary has recorded 382 total residential sales, down 21.88 percent compared with the same time last year.

New listings total 745, down 27.17 percent year over year, while active listings are at 5,639, up 2.79 percent.

The median price is $562,500, down 4.66 percent year over year, while the average price is $626,044, down 2.04 percent.

YEAR-TO-DATE PERFORMANCE
Year to date, Calgary has recorded 5,019 total residential sales, down 13.66 percent compared with 2025.

New listings total 9,710, down 9.87 percent year over year. The median price is $569,000, down 1.04 percent, while the average price is $630,553, up 1.22 percent.

Days on market remain elevated at 42 days compared with 33 days last year, reinforcing a more balanced market environment.

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 short-term flexibility with longer-term rate security as expectations for future rate cuts remain uncertain.

ECONOMIC AND ENERGY CONTEXT
Alberta continues to benefit from elevated oil prices, which are supporting government revenues and strengthening the provincial budget position. This is contributing to economic stability, job growth, and continued migration into the province.

MONETARY POLICY AND FINANCIAL MARKETS
The Bank of Canada continues to hold its policy rate steady, maintaining a cautious stance while monitoring inflation. Financial markets remain focused on the timing of potential rate cuts later in 2026.

CALGARY ECONOMIC INDICATORS
Calgary continues to see strong population inflows and remains one of the most affordable major cities in Canada, supporting long-term housing demand despite current market moderation.

COMMUNITY SPOTLIGHT – HIGH RIVER
High River offers a small-town lifestyle just south of Calgary, known for its historic downtown, strong sense of community, and access to outdoor recreation. It continues to attract buyers looking for affordability and space while remaining within commuting distance of the city.

MARKET SUMMARY
Calgary’s housing market continues its transition toward balanced conditions. Softer sales, rising inventory, and modest price declines are creating a more sustainable environment, with improved opportunities for buyers as the spring market unfolds.