Real Estate Blog

Calgary Daily Market Update – June 11, 2026

Daily Snapshot (June 10, 2026)

• Sales: 88

• New Listings: 166

• Active Listings: 6,805

• Median Price: $550,000

• Average Price: $646,760

• Days on Market: 36

Year-Over-Year Comparison (June 4–10, 2026 vs. June 4–10, 2025)

• Sales: 527 (-0.9%)

• New Listings: 1,037 (-9.2%)

• Active Listings: 6,805 (-1.0%)

• Median Price: $599,900 (+1.1%)

• Average Price: $675,951 (+5.9%)

• Days on Market: 36 (+9.1%)

Market Trend Analysis

Calgary's housing market continues to show strong pricing resilience despite sales activity remaining slightly below last year's levels. Weekly sales are now almost identical to 2025 levels, down less than 1%, while new listings remain approximately 9% lower than the same period last year.

Inventory has tightened modestly, with active listings down nearly 1% year-over-year. This reduction in available supply continues to support home values across the city.

Average sale prices remain a standout metric, increasing nearly 6% compared to the same week in 2025. Median prices have also moved higher, indicating continued demand across a broad range of price points.

Although homes are taking longer to sell than last year, market conditions remain balanced, with buyers benefiting from more choice than in recent years while sellers continue to see stable pricing.

Housing & Mortgage Update

The Bank of Canada held its overnight lending rate at 2.25% on June 10, marking its fifth consecutive rate hold. The Bank cited elevated energy prices, ongoing global uncertainty, and trade-related risks while noting that Canada's economy remains soft. Officials emphasized they will continue monitoring inflation and stand ready to act if conditions change. 

For Calgary homeowners and buyers, stable rates provide predictability heading into the summer market. Variable-rate mortgage holders will see no immediate changes, while fixed mortgage rates continue to be influenced by bond market movements and inflation expectations. 

Outlook

Calgary's market remains one of the more stable housing markets in Canada.

Inventory remains controlled, prices continue to trend higher, and borrowing costs have stabilized. While transaction volumes have not yet returned to last year's levels, the combination of population growth, a resilient Alberta economy, and stable interest rates continues to support housing demand.

The key metrics to watch over the coming weeks will be inventory growth, summer listing activity, energy prices, and any signals from the Bank of Canada ahead of its next rate announcement on July 15. 

Top 3 Economic Stories Impacting Calgarians

1. Bank of Canada Holds Interest Rates at 2.25%

The Bank of Canada left its policy rate unchanged for the fifth straight meeting. Policymakers are balancing inflation concerns against weak economic growth and have indicated future moves could go in either direction depending on economic conditions. 

2. Rising Energy Prices Continue to Influence Canada's Economy

Ongoing conflict in the Middle East has pushed oil prices higher, increasing inflation pressures while simultaneously benefiting Alberta's energy sector. Higher oil prices typically support employment, investment, and economic activity in Calgary. 

3. Trade Uncertainty Remains a Key Economic Risk

The Bank of Canada highlighted ongoing U.S. trade policy uncertainty as a major concern for Canada's economic outlook. Any changes affecting North American trade could have implications for Canadian exports, business investment, and overall economic growth.