Real Estate Blog

Calgary Daily Market Update – July 11, 2026

Daily Market Activity

Calgary's housing market continues to show steady and balanced conditions as July advances. Through July 10, total residential sales reached 629 transactions, down 10.4% from the 702 sales recorded during the same period in July 2025.

New listings total 1,040 properties, representing a 17.5% decline from the 1,260 new listings recorded during the same period last year. Active inventory stands at 6,724 homes, down 2.9% year over year. Inventory remains healthy, offering buyers a wide range of options while maintaining balanced market conditions.

Home prices remain relatively stable despite lower sales activity. The median sale price is currently $585,000, down just 0.8% from the same point last year, while the average sale price is $634,748, down 1.1% year over year. Homes are averaging 36 days on market, one day faster than the same period in 2025, indicating that well-priced properties continue to attract buyers.

Year-to-Date Trends

Through July 10, Calgary has recorded 11,720 residential sales, down 10.5% from the 13,098 transactions reported during the same period in 2025.

New listings total 21,953 properties, down 8.9% year over year. Home prices continue to demonstrate resilience, 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 1.8% to $648,508.

These year-to-date figures reflect a market that has shifted into more balanced territory following several years of exceptionally strong activity. Buyers have more choice, while sellers continue to benefit from historically healthy pricing supported by Calgary's strong economic fundamentals.

Weekly Market Trends

For the week ending July 10, Calgary recorded 458 residential sales, down 7.1% from the 493 sales reported during the comparable week in 2025.

New listings totaled 632 properties, a decline of 25.6% year over year, while active inventory decreased 2.9% to 6,724 homes.

The weekly median sale price increased 0.9% to $595,500 compared with the same week last year. The average sale price declined 2.2% to $631,047, while homes averaged 35 days on market, improving from 36 days one year ago.

The weekly results suggest that although sales and new listings remain below last year's pace, pricing has remained remarkably stable and buyers continue to benefit from balanced market conditions.

General Market Trends

Calgary continues to be one of Canada's strongest housing markets, supported by steady population growth, interprovincial migration, a diversified economy, and comparatively affordable housing. Employment growth across the energy, technology, logistics, construction, and professional services sectors continues to support housing demand.

As inventory levels remain healthier than during the peak seller's market, buyers have greater negotiating flexibility while sellers continue to achieve strong values for well-priced homes. This balanced environment is contributing to a more sustainable market for both parties.

Interest Rate Environment

The Bank of Canada continues to maintain its overnight policy rate at 2.25%. Inflation remains close to the Bank's target range, and most economists expect interest rates to remain stable over the coming months. Consistent borrowing costs continue to support buyer confidence and contribute to stable housing market activity.

Three Major Economic Stories from July 10

1. Financial markets continued to anticipate no immediate changes to the Bank of Canada's policy rate as inflation remains well contained and economic growth continues at a moderate pace.

2. Alberta's energy sector remained stable, supporting employment, business investment, and consumer confidence throughout the province, helping sustain Calgary's economic momentum.

3. Canada's housing market continued its gradual normalization, with inventory improving in many regions while Calgary remained among the country's most balanced and affordable major real estate markets.

Outlook

Calgary's housing market continues to demonstrate resilience despite lower transaction volumes compared with the exceptionally active market of 2025. Stable pricing, balanced inventory, and favourable economic conditions continue to create opportunities for both buyers and sellers.

Looking ahead, ongoing population growth, stable interest rates, and Alberta's strong economic outlook are expected to support steady housing demand through the remainder of the summer. Calgary remains well positioned to continue as one of Canada's healthiest and most balanced real estate markets during the second half of 2026.