Calgary Real Estate & Economic Update
February 19 2026 – 8:00 AM MST
Calgary Daily Housing Summary – February 18 2026
Total Sales (Yesterday): 64
Compared with Feb 17: 68
Day‑over‑day change: –4 sales (–5.9 % decrease)
New Listings (Yesterday): 105
Compared with Feb 17: 73
Day‑over‑day change: +32 listings (+43.8 % increase)
Active Listings (Current Total): 4 770
Compared with Feb 17: 4 768
Day‑over‑day change: +2 listings (+0.04 % increase)
7‑Day Trailing Sales (Feb 12 – 18)
Total Sales – Last 7 Days: 386
Same 7‑Day Period Last Year: 412
Year‑over‑year change: –26 sales (–6.31 % decrease)
New Listings – Last 7 Days: 664
Same 7‑Day Period Last Year: 636
Year‑over‑year change: +28 listings (+4.40 % increase)
Active Listings vs One Year Ago: 4 770 today vs 3 962 one year ago
Year‑over‑year change: +808 listings (+20.39 % 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 (27 days away)
Market expectations suggest a hold in March, with a slightly dovish bias as core 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 — their services are free and they can clarify borrowing power based on your credit profile and income structure.
403‑465‑1133
noahmiller@royallepage.ca
Energy & Economic Drivers
WTI crude is holding in the low‑to‑mid $60 USD range, with Western Canadian Select trading at its usual discount.
Energy remains a key driver of Alberta’s economy, supporting employment and continued in‑migration to 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 provide stability to Alberta’s economic base.
Calgary Economic Indicators
• Downtown Office Vacancy ≈ 28–30 %
• Rental Vacancy ≈ 4–5 %
• Unemployment ≈ 6.5–7 %
Inventory remains well above 2025 levels but sales volumes show resilience entering late February.
Population Growth – Calgary
Estimated population (today): 1 461 000 residents
Growth ≈ 4–6 % annually (~180–200 new residents per day) driven by interprovincial and international migration.
Community Profile – Copperfield (SE Calgary)
Copperfield is a family‑focused community in southeast Calgary, east of McKenzie Towne and north of New Brighton. It offers affordable detached homes, townhouses, and condos — popular with first‑time buyers and young families.
Schools: Copperfield School (K‑5) and St. Isidore School (Catholic Online K‑9).
Shopping & Amenities: Close to High Street (McKenzie Towne), Seton Urban District, and 130 Ave SE retail corridor.
Median Household Income: ≈ $105 000–$120 000.
Distance to Downtown: ≈ 20 km Commute: 25–30 min off‑peak / 35–45 min rush hour.
Greenspace: Multiple parks, playgrounds, and direct connection to the City’s pathway network and Wetlands Preserve.
Copperfield remains a steady performer for affordable entry points into Calgary’s southeast housing market.
Market Summary
• Sales dipped slightly yesterday.
• New listings rose significantly.
• Active inventory inched higher.
• 7‑day sales remain just below 2025 levels.
• Market conditions are balanced — favoring prepared sellers and decisive buyers.
Calgary’s market continues to show strength through mid‑February.
My Perspective
Serious buyers remain active.
Well‑priced homes are selling.
Inventory growth creates better opportunities for negotiation and timing.
This is a strategic market — success depends on preparation and clarity.
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 Calgary real estate brokerage
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