Real Estate Blog

Calgary Daily Market Update – June 12, 2026

Daily Snapshot (June 11, 2026)

• Sales: 83

• New Listings: 265

• Active Listings: 6,945

• Median Price: $550,000

• Average Price: $587,661

• Days on Market: 39

Year-Over-Year Comparison (June 5–11, 2026 vs. June 5–11, 2025)

• Sales: 537 (-0.4%)

• New Listings: 1,050 (-6.3%)

• Active Listings: 6,945 (+1.1%)

• Median Price: $586,000 (+0.2%)

• Average Price: $657,365 (+4.0%)

• Days on Market: 36 (+5.9%)

Market Trend Analysis

Calgary's housing market remains remarkably stable as the summer season gains momentum. Weekly sales are virtually unchanged from the same period last year, down only 0.4%, suggesting buyer demand remains healthy despite broader economic uncertainty.

Listing activity has slowed compared with 2025, with new listings down 6.3% year-over-year. However, active inventory has edged slightly higher, rising 1.1%, giving buyers somewhat more selection than they had a year ago.

Price growth continues to hold firm. The average sale price has increased nearly 4% over the same week in 2025, while median prices have remained essentially unchanged. Homes are taking slightly longer to sell, reflecting a market that is gradually shifting toward more balanced conditions.

Overall, Calgary continues to benefit from strong population growth, relatively affordable housing compared with other major Canadian cities, and a resilient Alberta economy.

Housing & Mortgage Update

The Bank of Canada maintained its overnight lending rate at 2.25% during its June 10 announcement. The Bank cited inflation risks, elevated energy prices, and continued uncertainty surrounding global trade and economic growth.

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

The next Bank of Canada interest-rate announcement is scheduled for July 15, 2026, and economists currently expect rates to remain relatively stable through the summer.

Outlook

The Calgary housing market continues to transition toward a healthier balance between buyers and sellers.

Sales activity has largely caught up to last year's pace, inventory remains manageable, and prices continue to trend upward. While homes are taking longer to sell than they were in 2025, the overall market remains fundamentally strong.

Continued population growth, energy-sector investment, and stable borrowing costs should help support housing demand throughout the remainder of the summer market.

Top 3 Economic Stories Impacting Calgarians

1. Bank of Canada Holds Rates at 2.25%

The Bank of Canada kept its benchmark rate unchanged for a fifth consecutive meeting, emphasizing caution amid inflation concerns and slowing economic growth. Stable borrowing costs provide certainty for homebuyers and mortgage holders.

2. Oil Prices Continue Supporting Alberta's Economy

Crude oil prices remain elevated due to geopolitical tensions and supply concerns. Stronger energy prices are supporting investment, employment, and economic activity throughout Alberta, benefiting Calgary's economy and housing market.

3. Canada's Trade Outlook Remains Uncertain

Ongoing trade tensions and preparations for the upcoming USMCA review continue to create uncertainty for Canadian businesses. While these risks bear watching, Calgary's economy remains supported by energy-sector strength and steady population growth.