Real Estate Blog

Calgary Daily Market Update – June 27, 2026

Daily Market Activity

Calgary’s housing market continues to show stability as the city heads into the final weekend of June. Through June 26, total sales have reached 1,975 transactions, down 3.3% from the 2,043 sales recorded at the same point in June 2025.

New listings total 3,611 properties, representing a 5.9% decline compared with the 3,837 listings recorded during the same period last year. Active inventory currently stands at 7,110 homes, virtually unchanged from last year with a 0.01% increase, indicating that inventory levels remain well balanced.

Home prices continue to demonstrate resilience. The median sale price remains $595,000, unchanged from the same point last year, while the average sale price stands at $670,523, an increase of 3.7% year over year. Homes are averaging 37 days on market, compared with 33 days during the same period in 2025.

Year-to-Date Trends

Through June 26, Calgary has recorded 10,869 sales, down 10.6% from the 12,155 transactions reported during the same period in 2025.

New listings total 20,625 properties, down 8.2% year over year. Pricing continues to remain remarkably stable despite lower transaction volumes. 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 $649,057.

These figures reinforce that Calgary has transitioned into a more balanced housing market after several years of exceptionally strong seller conditions.

Weekly Market Trends

For the week ending June 26, market activity remained below last year's pace.

Sales totaled 487 transactions, down 12.4% from the 556 sales recorded during the comparable week in 2025. New listings declined 13.8% to 813 properties, while active inventory remained virtually unchanged at 7,110 homes.

The weekly median sale price slipped 0.8% to $595,000, while the average sale price increased 0.5% to $664,936. Homes spent an average of 37 days on market, compared with 34 days during the same week last year.

Although sales activity remains softer than a year ago, stable inventory and resilient pricing continue to point toward healthy and balanced market conditions.

General Market Trends

Calgary continues to benefit from strong population growth, ongoing interprovincial migration, and a diversified economy anchored by Alberta's energy sector. Improved inventory has created more opportunities for buyers while allowing sellers to continue achieving stable home values.

The moderation in sales volumes reflects a return to more typical market conditions rather than weakening demand. Calgary remains one of Canada's most affordable major cities, attracting both local buyers and those relocating from more expensive markets across the country.

Interest Rate Environment

The Bank of Canada continues to hold its overnight policy rate at 2.25%. Inflation remains close to target, while policymakers continue monitoring energy prices, global economic uncertainty, and consumer spending. Current expectations remain for a relatively stable interest-rate environment through the summer unless economic conditions change materially.

Three Major Economic Stories from June 26

1. Canadian Economy Continues to Show Moderate Growth

Recent economic indicators continued to point toward modest but steady economic growth across Canada. Strong employment and population growth remain supportive of housing demand, particularly in Alberta.

2. Oil Prices Remained Stable

Oil prices traded within a relatively narrow range as markets balanced global supply concerns with expectations for steady demand. Stable energy prices continue to support Alberta's economy, employment, and investment, providing a positive backdrop for Calgary's housing market.

3. Financial Markets Continue to Expect Stable Interest Rates

Economists and financial markets continue to anticipate that the Bank of Canada will maintain its current policy rate in the near term as inflation remains contained and economic growth moderates. Stable borrowing costs continue to provide confidence for homebuyers and homeowners.

Outlook

Calgary's housing market remains fundamentally healthy as June comes to a close. While sales volumes continue to trail last year's exceptionally strong pace, inventory levels are balanced and home prices remain remarkably resilient.

Population growth, a strong provincial economy, and stable borrowing costs continue to support long-term housing demand. Buyers are benefiting from improved selection and more balanced negotiating conditions, while sellers continue to experience stable pricing.

As the market heads into the second half of 2026, Calgary appears well positioned to maintain balanced conditions that benefit both buyers and sellers, with steady price performance and healthy market fundamentals expected through the summer months.