Real Estate Blog

Calgary Daily Market Update – July 10, 2026

Daily Market Activity

Calgary's housing market continues to demonstrate balanced conditions as July progresses. Through July 9, total sales have reached 515 transactions, down 16.1% from the 614 sales recorded during the same period in July 2025.

New listings total 901 properties, representing a 14.3% decline compared with the 1,051 new listings recorded over the same period last year. Active inventory stands at 6,743 homes, down 1.8% year over year. Inventory remains at healthy levels, providing buyers with more selection while supporting stable market conditions.

Home prices remain resilient despite lower sales activity. The median sale price is currently $588,000, down just 0.3% from the same point last year, while the average sale price is $634,503, down 0.8% year over year. Homes are averaging 36 days on market compared with 37 days during the same period in 2025, indicating that well-priced properties continue to sell at a steady pace.

Year-to-Date Trends

Through July 9, Calgary has recorded 11,606 residential sales, down 10.8% from the 13,010 transactions reported during the same period in 2025.

New listings total 21,814 properties, down 8.7% year over year. Home prices remain stable, with the year-to-date median sale price holding at $580,000, down only 0.9% from last year. The average sale price has increased 1.9% to $648,633, reflecting continued confidence in Calgary's housing market despite more moderate sales volumes.

These year-to-date figures continue to highlight the market's healthy transition toward balanced conditions. Improved inventory has given buyers greater choice while strong economic fundamentals continue to support property values.

Weekly Market Trends

For the week ending July 9, Calgary recorded 421 residential sales, down 14.3% from the 491 sales reported during the same week in 2025.

New listings totaled 636 properties, a decline of 25.4% year over year, while active inventory decreased 1.8% to 6,743 homes.

The weekly median sale price increased 0.9% to $595,000, while the average sale price edged down 0.5% to $638,806. Homes averaged 36 days on market compared with 37 days during the same week last year.

The weekly data continues to show a balanced market where demand remains steady, inventory is sufficient, and home prices continue to hold firm despite fewer transactions.

General Market Trends

Calgary continues to benefit from strong population growth, steady interprovincial migration, and a diversified economy supported by the energy, technology, logistics, construction, and professional services sectors. Although sales activity has moderated from the exceptionally strong pace of recent years, the city's housing market remains one of the healthiest among Canada's major metropolitan areas.

Calgary's affordability relative to other major Canadian cities continues to attract buyers, investors, and businesses. Combined with Alberta's favourable employment environment and ongoing economic growth, these advantages continue to provide long-term support for housing demand.

Interest Rate Environment

The Bank of Canada continues to hold its overnight policy rate at 2.25%. Inflation remains close to the Bank's target range, and financial markets continue to anticipate stable interest rates in the near term. Consistent borrowing costs are helping support buyer confidence while contributing to balanced housing market conditions.

Three Major Economic Stories from July 9

1. Financial markets continued to expect the Bank of Canada to maintain its current policy rate as inflation remains close to target and economic growth continues at a moderate pace.

2. Alberta's energy sector remained resilient, with stable oil prices supporting employment, investment, and economic activity across the province, providing ongoing support for Calgary's housing market.

3. National housing markets continued to normalize as inventory levels improved across many regions. Calgary remains one of Canada's strongest-performing major markets due to its affordability, steady population growth, and diversified economy.

Outlook

Calgary's housing market continues to exhibit strong long-term fundamentals despite lower transaction volumes compared with last year's exceptionally active market. Stable home prices, balanced inventory, and favourable economic conditions continue to create opportunities for both buyers and sellers.

Looking ahead, sustained population growth, stable interest rates, and Alberta's resilient economy are expected to support healthy housing demand through the remainder of the summer. Calgary remains well positioned to maintain one of Canada's most balanced and resilient real estate markets during the second half of 2026.