Real Estate Blog

Calgary Daily Market Update – June 13, 2026

Daily Snapshot (June 12, 2026)

• Sales: 133

• New Listings: 235

• Active Listings: 7,008

• Median Price: $605,000

• Average Price: $667,597

• Days on Market: 38

Year-Over-Year Comparison (June 6–12, 2026 vs. June 6–12, 2025)

• Sales: 513 (+3.4%)

• New Listings: 1,015 (-5.2%)

• Active Listings: 7,008 (flat, -0.04%)

• Median Price: $595,000 (+0.9%)

• Average Price: $658,576 (+3.0%)

• Days on Market: 36 (+5.9%)

Market Trend Analysis

Calgary's housing market continues to show impressive stability as the summer market progresses. Weekly sales have now moved slightly ahead of last year's pace, increasing 3.4% compared with the same week in 2025. Demand remains healthy despite ongoing economic uncertainty.

New listing activity is running 5.2% below last year's levels, helping prevent a significant buildup of inventory. Active listings are essentially unchanged from a year ago, indicating that the market remains balanced between buyers and sellers.

Price growth continues to hold steady. The median sale price has increased nearly 1%, while the average sale price is up just over 3% year-over-year. Homes are taking slightly longer to sell than they did in 2025, suggesting buyers have gained somewhat more negotiating power, but overall conditions remain favourable for both sides of the market.

Strong population growth, continued migration to Alberta, and Calgary's relative affordability compared with other major Canadian cities continue to support demand.

Housing & Mortgage Update

The Bank of Canada maintained its overnight lending rate at 2.25% at its June meeting, extending its streak of rate holds. Policymakers continue to balance inflation concerns against slowing economic growth and uncertainty surrounding global trade.

Stable interest rates are providing certainty for homeowners and buyers heading into the summer market. Variable-rate mortgage holders have experienced no changes to borrowing costs, while fixed-rate mortgages continue to be influenced primarily by bond yields and inflation expectations.

The Bank of Canada's next interest-rate announcement is scheduled for July 15, 2026, with most economists expecting rates to remain relatively stable through the summer unless economic conditions change materially.

Outlook

The Calgary housing market remains one of Canada's more resilient major markets.

Sales activity has recovered to slightly above year-ago levels, inventory remains well-controlled, and prices continue to trend upward. Buyers have more options and more negotiating room than they did during the peak seller's market, while sellers continue to benefit from stable demand and healthy pricing.

If current trends persist, Calgary should continue experiencing balanced market conditions throughout the summer, supported by Alberta's strong labour market, population growth, and a stable interest-rate environment.

Top 3 Economic Stories Impacting Calgarians

1. Oil Prices Remain Elevated Amid Middle East Tensions

Higher crude oil prices continue to support Alberta's economy through stronger energy-sector revenues, investment, and employment. Calgary stands to benefit directly from sustained strength in oil markets, although higher energy costs also contribute to inflation pressures.

2. Bank of Canada Maintains Rates at 2.25%

The Bank of Canada held its benchmark interest rate steady, providing stability for mortgage borrowers and helping support confidence in the housing market. Attention now turns to the July 15 rate announcement and incoming inflation data.

3. Canada's Economy Faces Ongoing Trade Uncertainty

Businesses and policymakers continue to monitor global trade developments and U.S. policy changes ahead of future USMCA discussions. While uncertainty remains a risk for the broader economy, Alberta's energy sector and strong population growth continue to provide support for Calgary's economic outlook.