Real Estate Blog

Calgary Daily Market Update – June 10, 2026

Daily Snapshot (June 9, 2026)

• Sales: 75

• New Listings: 105

• Active Listings: 6,789

• Median Price: $639,000

• Average Price: $653,057

• Days on Market: 36

Year-Over-Year Comparison (June 3–9, 2026 vs. June 3–9, 2025)

• Sales: 532 (-1.3%)

• New Listings: 1,011 (-10.6%)

• Active Listings: 6,789 (-1.8%)

• Median Price: $605,000 (+1.9%)

• Average Price: $687,433 (+8.1%)

• Days on Market: 37 (+15.6%)

Market Trend Analysis

Calgary's housing market remains remarkably resilient as summer activity begins to build. Sales over the past week are nearly matching last year's pace, down just 1.3%, while new listings continue to trend lower than 2025 levels.

Inventory has tightened slightly compared to last year, helping support pricing despite a more balanced market environment. The strongest signal continues to come from home values. Median prices have risen nearly 2% year-over-year, while average sale prices are more than 8% higher than the same period last year.

Although homes are taking longer to sell than they were a year ago, demand remains healthy and buyers continue to absorb available inventory at a steady pace.

Housing & Mortgage Update

The Bank of Canada announced today that it is holding its overnight lending rate at 2.25%, marking the fifth consecutive rate hold. Policymakers cited ongoing inflation concerns, elevated energy prices, and global economic uncertainty while balancing those risks against slower economic growth. 

For Calgary homeowners and buyers, stable interest rates provide continued predictability in mortgage borrowing costs heading into the summer market. Most economists currently expect rates to remain relatively stable through the remainder of 2026. 

Outlook

The Calgary market continues to transition toward a more balanced environment while maintaining strong pricing fundamentals.

Lower listing activity is helping prevent excess inventory accumulation, and population growth, employment gains, and relatively stable borrowing costs continue to support housing demand. If current trends persist, Calgary should remain one of Canada's stronger real estate markets throughout the summer.

Top 3 Economic Stories Impacting Calgarians

1. Bank of Canada Holds Interest Rates at 2.25%

The Bank of Canada maintained its policy rate today, choosing stability while monitoring inflation pressures and global economic risks. This directly affects mortgage rates, borrowing costs, and consumer confidence across Alberta. 

2. Canadian Economy Added 88,000 Jobs in May

Canada posted its strongest employment gain in six months, adding approximately 88,000 jobs while unemployment fell to 6.6%. Stronger employment supports housing demand, consumer spending, and overall economic confidence. 

3. Canada's Trade Surplus Reaches Highest Level in 15 Months

Canada's trade surplus expanded to approximately $2.7 billion, driven largely by stronger energy exports and higher oil prices. As Canada's energy capital, Calgary stands to benefit from stronger energy-sector revenues, investment, and employment growth.