Real Estate Blog

Calgary Daily Market Update – June 18, 2026

Daily Market Activity

Calgary's housing market continues to demonstrate resilience midway through June. Through June 17, total sales have reached 1,287 transactions, down only 2.0% from the 1,313 sales recorded at the same point in June 2025.

New listings stand at 2,336 properties, a decline of 5.2% from last year's 2,465 listings. Active inventory totals 6,932 homes, down 0.5% year over year, indicating that supply remains elevated but continues to gradually tighten.

Pricing has remained remarkably stable. The median sale price sits at $600,000, up 0.8% from the $595,000 recorded at this time last year. The average sale price has risen to $681,980, representing a 6.1% increase year over year. Homes are averaging 36 days on market, compared with 33 days a year ago.

Year-to-Date Trends

Through June 17, Calgary has recorded 10,182 sales, down 10.9% from the 11,425 transactions reported during the same period in 2025.

New listings total 19,350 properties, representing an 8.3% decline from last year. Despite softer sales activity, prices continue to hold firm. The year-to-date median price stands at $580,000, down just 0.9% from 2025, while the average sale price has increased 2.2% to $649,168.

Higher inventory levels compared with the extremely tight conditions experienced in 2023 and early 2024 continue to provide buyers with greater choice and contribute to more balanced market conditions.

Weekly Market Trends

For the week ending June 17, sales activity softened compared with the same week last year.

Sales totaled 532 transactions, down 10.4% from the 594 sales recorded during the comparable week in 2025. New listings fell 9.5% to 974 properties, while active inventory eased 0.5% to 6,932 homes.

The weekly median price declined 2.3% to $587,750, while the average sale price increased 5.2% to $673,719. Homes spent an average of 37 days on market, compared with 33 days during the same period last year.

Overall, the market continues to exhibit balanced conditions, with stable pricing and moderate demand.

General Market Trends

Calgary continues to benefit from strong interprovincial migration, a relatively healthy Alberta economy, and employment growth supported by the energy sector.

Although year-to-date sales remain below 2025 levels, transaction volumes have stabilized during the past several weeks. Inventory remains considerably higher than during the highly competitive conditions of recent years, allowing buyers more negotiating power and a broader selection of homes.

Price growth has moderated but remains positive, suggesting the market is transitioning toward a healthier balance between supply and demand.

Interest Rate Environment

The Bank of Canada maintained its overnight lending rate at 2.25% at its June 10 meeting. Policymakers cited slowing economic growth, ongoing trade uncertainty, and elevated oil prices as factors influencing the decision. Markets continue to watch inflation closely, with expectations that future rate decisions will depend heavily on economic data and energy prices. 

Three Major Economic Stories from June 17

1. U.S. Federal Reserve Holds Interest Rates Steady

The U.S. Federal Reserve left rates unchanged but signaled that inflation concerns remain elevated and additional tightening remains possible. Financial markets reacted negatively, highlighting ongoing uncertainty for North American investors and borrowers. 

2. Rising Energy Prices Continue to Influence Inflation

Higher oil prices tied to geopolitical tensions continue to place upward pressure on inflation around the world. While stronger energy prices support Alberta's economy, they also complicate the outlook for central banks and interest rates. 

3. Inflation Expectations Increase Globally

Central banks and economists are revising inflation forecasts upward due to elevated energy costs. Persistent inflation could delay future interest-rate cuts and affect borrowing costs for Canadian households and homebuyers. 

Outlook

Calgary's housing market remains in a relatively healthy position. While sales volumes continue to trail 2025 levels on a year-to-date basis, inventory has stabilized and prices remain resilient.

With borrowing costs holding steady, continued migration into Alberta and a strong energy sector should provide support for housing demand during the second half of 2026. Barring a significant economic slowdown, Calgary appears poised to maintain balanced market conditions heading into the summer and fall markets.