Real Estate Blog

Calgary Daily Market Update – July 6, 2026

Daily Market Activity

Calgary's housing market continues to demonstrate balanced conditions as July progresses. Through July 5, total sales have reached 236 transactions, down 38.2% from the 382 sales recorded during the same period in July 2025.

New listings total 496 properties, representing a 26.5% decline compared with the 675 new listings recorded over the same period last year. Active inventory stands at 6,849 homes, down 1.5% year over year, providing buyers with a healthy selection of available homes while maintaining balanced market conditions.

Home prices remain stable despite softer sales activity. The median sale price is currently $577,500, down 1.8% from the same point last year, while the average sale price has increased to $648,634, up 0.6% year over year. Homes are averaging 39 days on market compared with 36 days during the same period in 2025, reflecting a market that has shifted to a more sustainable pace.

Year-to-Date Trends

Through July 5, Calgary has recorded 11,327 residential sales, down 11.4% from the 12,778 transactions reported during the same period in 2025.

New listings total 21,409 properties, down 9.0% year over year. Despite lower transaction volumes, home values continue to demonstrate resilience. The year-to-date median sale price remains $580,000, down just 0.9% from last year, while the average sale price has increased 2.0% to $649,275.

These figures continue to reflect a healthy normalization of Calgary's housing market. Improved inventory levels have created more balanced conditions, allowing buyers greater flexibility while sellers continue to benefit from historically strong property values.

Weekly Market Trends

For the week ending July 5, market activity moderated compared with the same period last year.

Sales totaled 379 transactions, down 18.1% from the 463 sales recorded during the comparable week in 2025. New listings declined 12.1% to 683 properties, while active inventory decreased 1.5% to 6,849 homes.

The weekly median sale price declined 2.7% to $579,000, while the average sale price increased 2.0% to $663,840. Homes averaged 38 days on market compared with 35 days during the same week last year.

Overall, the weekly results continue to point toward a balanced housing market where inventory remains healthy, prices are stable, and buyers have more opportunities than in recent years.

General Market Trends

Calgary continues to benefit from strong population growth, ongoing interprovincial migration, and a diversified economy supported by the energy, technology, logistics, construction, and professional services sectors. Although sales have moderated from the exceptionally active pace experienced over the past several years, market fundamentals remain strong.

Calgary also continues to be one of Canada's most affordable major cities for homeownership. This affordability, combined with Alberta's favourable economic conditions and employment opportunities, continues to attract buyers from across the country.

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, and most economists expect interest rates to remain stable in the near term. Stable borrowing costs continue to support buyer confidence while contributing to healthy and sustainable market conditions.

Three Major Economic Stories from July 5

1. Alberta's economy continues to benefit from steady activity in the energy sector, with stable commodity prices supporting employment, investment, and consumer confidence across the province.

2. Canada's housing market continues to move toward more balanced conditions as inventory improves in many regions. Calgary remains one of the country's strongest-performing major markets, supported by affordability and sustained population growth.

3. Financial markets continue to expect the Bank of Canada to maintain its current interest rate in the near term, providing buyers and homeowners with greater confidence and helping support stable housing activity.

Outlook

Calgary's housing market continues to demonstrate strong long-term fundamentals despite lower sales volumes compared with last year's exceptionally active market. Balanced inventory, resilient pricing, and favourable economic conditions continue to support both buyers and sellers.

As the summer market continues, Calgary remains well positioned for steady housing activity. Continued population growth, Alberta's resilient economy, and a stable interest-rate environment are expected to support demand while maintaining one of Canada's healthiest and most balanced real estate markets.