Calgary Real Estate & Economic Update

February 18 2026 – 8:00 AM MST

Calgary Daily Housing Summary – February 18, 2026

Total Sales (Yesterday): 68
Compared with Feb 16: 19
Day‑over‑day change: +49 sales (+258% increase)

New Listings (Yesterday): 73
Compared with Feb 16: 47
Day‑over‑day change: +26 listings (+55% increase)

Active Listings (Current Total): 4 768
Compared with Feb 16: 4 810
Day‑over‑day change: –42 listings (–0.9% decrease)

## 7‑Day Trailing Sales (Feb 11–17)

Total Sales – Last 7 Days: 387
Same 7‑Day Period Last Year: 400
Year‑over‑year change: –13 sales (–3.25% decrease)

New Listings – Last 7 Days: 665
Same 7‑Day Period Last Year: 636
Year‑over‑year change: +29 listings (+4.56% increase)

Active Listings vs One Year Ago: 4 768 today vs 3 977 one year ago
Year‑over‑year change: +791 listings (+19.89% increase)

# Interest Rate Snapshot

Bank of Canada Overnight Rate: 2.25 %
Prime Rate (major banks): 4.45 %

Next Bank of Canada Rate Announcement: March 18 2026 (28 days away)

Market expectation: Hold likely, with a mild dovish bias as inflation remains within target.

## Today’s Best Mortgage Rates (typical ranges)

• 1‑Year Fixed ≈ 4.69 %
• 3‑Year Fixed ≈ 3.59 %
• 5‑Year Fixed ≈ 3.69 %
• 10‑Year Fixed ≈ 5.24 %
• 3‑Year Variable ≈ 3.45 %
• 5‑Year Variable ≈ 3.35 %

Before shopping, it’s best to speak with a mortgage broker. They’re free to you and can clarify your borrowing power based on credit, income structure, and debt ratios.

???? 403‑465‑1133
???? noahmiller@royallepage.ca

# Energy & Economic Drivers

WTI crude holds in the low‑to‑mid $60 USD range. 
Western Canadian Select continues its typical discount to WTI.

Energy remains a pillar of Alberta’s economy, supporting employment and migration into Calgary.

# Agricultural Snapshot – Alberta Commodities

Canola ≈ $14.00–$14.50 CAD/bu      Feed Barley ≈ $4.90–$5.50      Wheat ≈ $6.70–$6.85
Yellow Peas ≈ $8.50–$8.75       Oats ≈ $3.25–$3.75       Live Cattle ≈ $2.40–$2.50 USD/lb
Hogs ≈ $0.60–$0.72 USD/lb

Agriculture continues to support Alberta’s broader economic stability.

# Calgary Economic Indicators

• Downtown Office Vacancy ≈ 28–30 %
• Rental Vacancy Rate ≈ 4–5 %
• Unemployment ≈ 6.5–7 %

Inventory is higher than last year, but short‑term sales activity is firming.

## Population Growth – Calgary

Estimated population (today): 1 460 800 residents

Annual growth ≈ 4–6 %, adding roughly 180–200 people per day through interprovincial and international migration.

# Community Profile – Seton (SE Calgary)

Seton is a modern urban district in southeast Calgary, west of Auburn Bay and south of Cranston. It features a mix of condos, townhomes, and new detached homes in a self‑contained live‑work environment.

Anchors include South Health Campus, the Seton YMCA, Cineplex VIP, restaurants, and shopping. Schools include Joane Cardinal‑Schubert High and nearby Auburn Bay and Cranston schools.

Median household income ≈ $95 000–$115 000.
Distance to downtown: ~22 km   Commute: 25–30 min off‑peak / 35–50 min rush hour.

Seton continues to attract young professionals and families for its urban convenience and access to healthcare and recreation.

# Market Summary

• Sales rose sharply yesterday.
• New listings climbed.
• Inventory remains elevated year‑over‑year.
• Rates steady; growth driven by migration.

Calgary’s market is balanced and strategic, not speculative.

# My Perspective

Serious buyers remain active. 
Well‑priced homes are moving. 
Balanced conditions mean timing and presentation matter.

If you’re buying, selling, or investing – let’s talk strategy.

## Let’s Connect

???? 403‑465‑1133

???? noahmiller@royallepage.ca

No pressure – just clear information and honest advice.

Noah Miller
Real Estate Professional – Royal LePage Benchmark