Real Estate Blog

Calgary Daily Market Update – June 26, 2026

Daily Market Activity

Calgary’s housing market continues to demonstrate resilience as June draws to a close. Through June 25, total sales have reached 1,852 transactions, down 5.3% from the 1,955 sales recorded at the same point in June 2025.

New listings total 3,391 properties, representing a 5.5% decline compared with the 3,588 listings recorded during the same period last year. Active inventory currently sits at 7,073 homes, up 0.8% year over year, indicating that inventory levels remain balanced and continue to provide buyers with more choice than in recent years.

Home prices remain remarkably stable. The median sale price has increased to $598,625, up 0.6% from the same point last year, while the average sale price has climbed to $674,352, representing a 4.1% increase year over year. Homes are averaging 37 days on market, compared with 33 days at the same time in 2025.

Year-to-Date Trends

Through June 25, Calgary has recorded 10,746 sales, down 11.0% from the 12,067 transactions reported during the same period in 2025.

New listings total 20,405 properties, down 8.1% year over year. Despite fewer sales, pricing has remained resilient. 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 2.0% to $649,471.

These figures continue to reinforce Calgary's transition toward a healthier, more balanced housing market following several years of exceptionally tight inventory and rapid price growth.

Weekly Market Trends

For the week ending June 25, market activity remained below last year's pace.

Sales totaled 489 transactions, down 12.4% from the 558 sales recorded during the comparable week in 2025. New listings declined 18.7% to 781 properties, while active inventory increased slightly by 0.8% to 7,073 homes.

The weekly median sale price increased 1.0% to $595,000, while the average sale price rose 2.4% to $667,970. Homes spent an average of 38 days on market, compared with 35 days during the same week last year.

Although transaction volumes remain softer than a year ago, stable inventory levels and continued price appreciation point to a balanced and healthy market.

General Market Trends

Calgary continues to benefit from strong population growth, interprovincial migration, and a diversified economy supported by Alberta's energy sector. Buyers now enjoy more selection and greater negotiating flexibility than they did during the highly competitive markets of 2023 and 2024, while sellers continue to benefit from resilient home values.

Compared with many major Canadian cities, Calgary remains one of the country's most affordable large urban housing markets, helping sustain long-term demand from both local buyers and those relocating from other provinces.

Interest Rate Environment

The Bank of Canada continues to hold its overnight policy rate at 2.25%. Inflation remains close to the Bank's target range, although policymakers continue to monitor the impact of energy prices, global trade uncertainty, and consumer spending. Financial markets generally expect interest rates to remain relatively stable through the summer unless economic conditions change materially.

Three Major Economic Stories from June 25

1. Oil Prices Stabilized Following Recent Volatility

Crude oil prices steadied after several days of volatility related to geopolitical developments. Stable oil prices continue to support Alberta's economy, government revenues, employment, and investment, all of which contribute positively to Calgary's housing market.

2. Markets Continued to Expect Stable Interest Rates

Investors maintained expectations that the Bank of Canada will likely keep interest rates unchanged in the near term as inflation moderates and economic growth remains steady. Stable borrowing costs continue to support confidence among homebuyers.

3. Canadian Economic Growth Shows Continued Resilience

Recent economic indicators continued to point toward modest but stable economic growth across Canada. Strong employment levels and ongoing population growth remain important drivers of housing demand, particularly in Alberta and Calgary.

Outlook

Calgary's housing market remains fundamentally healthy despite lower sales volumes compared with last year. Inventory has normalized, prices continue to show resilience, and buyer choice has improved without placing significant downward pressure on home values.

Continued population growth, a stable labour market, and a relatively predictable interest-rate environment should support housing demand through the remainder of the summer. Current conditions suggest Calgary will continue to experience a balanced market that benefits both buyers and sellers as the second half of 2026 approaches.