Real Estate Blog

Calgary Daily Market Update – June 25, 2026

Daily Market Activity

Calgary’s housing market continues to show stability as June nears its conclusion. Through June 24, total sales have reached 1,773 transactions, down 5.1% from the 1,868 sales recorded at the same point in June 2025.

New listings total 3,170 properties, representing a 7.9% decline compared with the 3,441 listings recorded during the same period last year. Active inventory currently sits at 6,979 homes, down 0.5% year over year, indicating that inventory levels remain balanced despite softer sales activity.

Home values continue to demonstrate resilience. The median sale price remains $595,000, unchanged from the same point last year, while the average sale price has risen to $673,502, representing a 4.2% increase year over year. Homes are averaging 37 days on market, compared with 33 days at the same point in 2025.

Year-to-Date Trends

Through June 24, Calgary has recorded 10,667 sales, down 11.0% from the 11,980 transactions reported during the same period in 2025.

New listings total 20,184 properties, down 8.5% year over year. Despite lower transaction volumes, pricing remains remarkably stable. The year-to-date median sale price stands at $580,000, down only 0.9% from last year, while the average sale price has increased 2.1% to $649,146.

These figures continue to support the view that Calgary has transitioned from the highly competitive seller’s market conditions of recent years into a more balanced and sustainable environment.

Weekly Market Trends

For the week ending June 24, sales activity remained below last year’s pace.

Sales totaled 486 transactions, down 12.4% from the 555 sales recorded during the comparable week in 2025. New listings declined 14.6% to 834 properties, while active inventory decreased 0.5% to 6,979 homes.

The weekly median sale price declined 1.9% to $584,000, while the average sale price slipped 0.5% to $651,464. Homes spent an average of 38 days on market, compared with 35 days during the same week last year.

While sales activity remains softer than 2025 levels, inventory and pricing continue to point toward stable market conditions.

General Market Trends

Calgary continues to benefit from strong migration into Alberta, a relatively healthy labour market, and long-term affordability advantages compared with other major Canadian cities. Buyers have more selection and negotiating power than they did during the peak seller-market years of 2023 and 2024, while sellers continue to benefit from stable pricing.

The market remains supported by population growth and economic activity tied to Alberta’s energy sector. Although transaction volumes have moderated, inventory levels remain well balanced and continue to support orderly market conditions.

Interest Rate Environment

The Bank of Canada continues to hold its overnight lending rate at 2.25%. Minutes released from the Bank’s June meeting indicate policymakers remain cautious as they balance rising inflation caused by energy prices against a slowing Canadian economy. Officials emphasized the need to remain flexible while monitoring inflation, oil prices, and trade-related risks. 

Three Major Economic Stories from June 24

1. Bank of Canada Signals a Flexible Approach to Interest Rates

Minutes from the Bank of Canada’s June policy meeting revealed that policymakers agreed monetary policy must remain adaptable given uncertainty surrounding inflation, energy prices, and trade developments. The Bank maintained its policy rate at 2.25% and signaled it is prepared to respond if inflation pressures become more widespread. 

2. Canadian Dollar Falls to a 14-Month Low

The Canadian dollar weakened further against the U.S. dollar as falling oil prices and economic uncertainty weighed on investor sentiment. A weaker dollar can increase the cost of imported goods and contribute to inflation pressures for Canadian consumers. 

3. Oil Prices Decline Following Easing Geopolitical Tensions

Oil prices moved lower as concerns surrounding Middle East supply disruptions eased. While lower energy prices may help moderate inflation, Alberta’s economy continues to benefit from oil prices that remain supportive of investment, employment, and economic activity. 

Outlook

Calgary’s housing market remains fundamentally healthy despite lower sales volumes compared with last year. Inventory levels remain balanced, pricing continues to show resilience, and population growth remains a key driver of housing demand.

The combination of economic stability, ongoing migration into Alberta, and a relatively predictable interest-rate environment should continue to support the market through the summer months. While buyers now have more options and negotiating power than in recent years, current conditions suggest Calgary will remain one of Canada’s most stable and resilient housing markets heading into the second half of 2026.