Real Estate Blog

CALGARY AND AREA HOUSING MARKET REPORT – APRIL 9, 2026

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 79 residential sales on April 8, up from 57 on April 7 and 44 on April 6. New listings came in at 136, while active inventory increased slightly to 5,642 homes, up 2.73 percent year over year.

Inventory levels remain elevated compared to last year, continuing to support more balanced conditions and increased buyer choice.

SEVEN-DAY TRAILING TRENDS
For the period of April 2 to April 8, Calgary recorded 382 total residential sales, down 21.07 percent compared with the same week in 2025.

New listings totaled 740, down 28.16 percent year over year, while active inventory remained higher at 5,642 homes.

The median price for the week was $569,000, down 1.98 percent year over year, while the average price declined 1.20 percent to $628,213.

Days on market averaged 36 days, up from 29 days last year, reflecting slower absorption and more balanced conditions.

MONTH-TO-DATE MARKET CONTEXT (APRIL)
Through April 8, Calgary has recorded 461 total residential sales, down 17.38 percent compared with the same time last year.

New listings total 881, down 23.06 percent year over year, while active listings are at 5,642, up 2.73 percent.

The median price is $568,000, down 3.28 percent year over year, while the average price is $636,283, down 0.85 percent.

YEAR-TO-DATE PERFORMANCE
Year to date, Calgary has recorded 5,098 total residential sales, down 13.33 percent compared with 2025.

New listings total 9,846, down 9.63 percent year over year. The median price is $570,000, down 0.87 percent, while the average price is $631,409, up 1.29 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, supporting strong provincial revenues and a more stable budget outlook. This is helping drive economic growth, employment, and continued interprovincial migration.

MONETARY POLICY AND FINANCIAL MARKETS
The Bank of Canada remains in a holding pattern, monitoring inflation trends while markets anticipate potential rate cuts later in 2026.

CALGARY ECONOMIC INDICATORS
Calgary continues to attract population growth due to its relative affordability and economic opportunities, supporting long-term housing demand despite current market cooling.

COMMUNITY SPOTLIGHT – AIRDRIE
Airdrie continues to be a popular choice for buyers seeking affordability just north of Calgary. With strong population growth, family-friendly communities, and expanding amenities, it remains one of the fastest-growing municipalities in the region.

MARKET SUMMARY
Calgary’s housing market remains in transition toward balanced conditions. Declining sales, elevated inventory, and modest price softening are creating improved opportunities for buyers while maintaining long-term stability.