Real Estate Blog

Calgary Daily Market Update – July 13, 2026

Daily Market Activity

Calgary's housing market continues to demonstrate stability as the second week of July concludes. Through July 12, total residential sales reached 698 transactions, down 20.8% compared with the 881 sales recorded during the same period in July 2025.

New listings total 1,132 properties, representing a 24.7% decline from the 1,504 new listings reported during the same period last year. Active inventory stands at 6,720 homes, down 2.6% year over year. While fewer new listings are entering the market, inventory levels remain healthy and continue to provide buyers with a wide selection of available properties.

Home prices remain resilient. The median sale price is $583,000, an increase of 1.4% compared with the same point last year, while the average sale price has risen 1.1% to $635,016. Homes are averaging 36 days on market, one day faster than the 37-day average recorded during the same period in 2025.

Year-to-Date Trends

Through July 12, Calgary has recorded 11,789 residential sales, down 11.2% from the 13,277 transactions reported during the same period in 2025.

New listings total 22,045 properties, down 9.5% year over year. The year-to-date median sale price remains $580,000, a modest 0.9% decline from last year, while the average sale price has increased 2.0% to $648,444.

Although overall sales activity has moderated compared with the exceptionally strong market experienced in 2025, Calgary continues to benefit from stable pricing, healthy demand, and strong long-term market fundamentals.

Weekly Market Trends

For the week ending July 12, Calgary recorded 463 residential sales, down 7.2% from the 499 sales reported during the comparable week in 2025.

New listings totaled 636 properties, a decline of 23.3% year over year, while active inventory decreased 2.6% to 6,720 homes.

The weekly median sale price increased 3.5% to $585,000, while the average sale price rose 1.9% to $627,137. Homes sold in an average of 35 days compared with 39 days during the same week last year, indicating that well-priced homes continue to attract steady buyer interest.

General Market Trends

Calgary continues to outperform many major Canadian housing markets due to its affordability, steady population growth, and diverse economy. Strong employment across the energy, technology, logistics, construction, and professional services sectors continues to support housing demand.

Balanced inventory levels are creating healthier market conditions than those experienced during recent seller-driven markets. Buyers have greater choice and negotiating flexibility, while sellers continue to benefit from stable property values and consistent demand.

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 borrowing costs to remain stable over the near term. This steady interest rate environment continues to support confidence among both buyers and sellers.

Three Major Economic Stories from July 12

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

2. Alberta's economy continued to benefit from stable energy prices and ongoing investment activity, supporting employment growth and consumer confidence across the province.

3. Canada's housing market continued its gradual shift toward balanced conditions, with Calgary remaining one of the country's strongest large markets due to its affordability, steady population growth, and resilient home prices.

Outlook

Calgary's housing market continues to demonstrate resilience despite lower transaction volumes compared with last year's exceptionally active market. Stable pricing, balanced inventory, and favourable economic conditions continue to support confidence for both buyers and sellers.

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