Real Estate Blog

Calgary Daily Market Update – July 14, 2026

Daily Market Activity

Calgary’s housing market continues to demonstrate resilience as the summer season progresses. Through July 13, a total of 759 residential properties have sold, representing a 15.6% decline compared with the 899 sales recorded during the same period in July 2025.

New listings have also slowed, with 1,231 properties coming to market so far this month, down 19.8% from 1,534 during the same period last year. Active inventory currently stands at 6,706 homes, a 2.8% decrease year over year. Despite fewer new listings, inventory remains balanced, providing buyers with a healthy selection of available homes.

Home prices continue to hold firm. The median sale price has increased 0.9% year over year to $580,000, while the average sale price has edged up 0.6% to $630,753. Homes are taking an average of 37 days to sell, unchanged from the same period in 2025.

Year-to-Date Trends

Calgary has recorded 11,850 residential sales so far in 2026, down 10.9% compared with 13,295 sales during the same period last year.

Year-to-date new listings total 22,144, representing a 9.2% decline from 2025. The year-to-date median sale price remains $580,000, down just 0.9% from last year, while the average sale price has increased 1.9% to $648,102.

Although transaction volumes remain below last year's pace, Calgary continues to benefit from stable pricing, healthy demand, and strong economic fundamentals that support long-term market stability.

Weekly Market Trends

For the week ending July 13, Calgary recorded 468 residential sales, down 4.7% from the 491 sales reported during the same week in 2025.

New listings totaled 666 properties, a decrease of 18.3% year over year, while active inventory declined 2.8% to 6,706 homes.

The weekly median sale price increased 2.6% to $579,500, while the average sale price remained essentially unchanged at $617,171, up just 0.1% from the same week last year. Homes sold in an average of 37 days compared with 38 days one year ago, reflecting continued demand for well-priced properties.

General Market Trends

Calgary continues to benefit from strong population growth, steady employment gains, and ongoing migration from other provinces. The city's relative affordability compared with Canada's largest housing markets continues to attract both homebuyers and investors.

Balanced inventory conditions are creating a healthier market environment than the highly competitive conditions experienced over the past several years. Buyers now have greater choice, while sellers continue to benefit from stable home 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 interest rates to remain stable over the coming months. This continues to support buyer confidence and overall market stability.

Three Major Economic Stories from July 13

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

2. Alberta's economy remained supported by resilient energy prices, ongoing business investment, and solid employment growth, providing continued support for Calgary's housing market.

3. Canada's housing market continued to move toward more balanced conditions, with Calgary remaining one of the country's strongest major markets due to its affordability, stable pricing, and sustained population growth.

Outlook

Calgary's housing market continues to demonstrate stability despite lower sales volumes compared with last year's exceptionally active market. Balanced inventory, resilient home prices, and favourable economic conditions continue to provide opportunities for both buyers and sellers.

Looking ahead, continued population growth, stable borrowing costs, and Alberta's strong economic outlook are expected to support healthy housing demand through the remainder of the summer. Calgary remains well positioned as one of Canada's most balanced and resilient real estate markets heading into the second half of 2026.