Real Estate Blog

Calgary Daily Market Update – June 29, 2026

Daily Market Activity

Calgary’s housing market continues to demonstrate stability as June approaches its conclusion. Through June 28, total sales have reached 2,053 transactions, down 6.8% from the 2,203 sales recorded at the same point in June 2025.

New listings total 3,713 properties, representing a 9.9% decline compared with the 4,121 listings recorded during the same period last year. Active inventory currently stands at 7,107 homes, down 0.9% year over year, indicating that inventory remains balanced while continuing to provide buyers with more choice than during the peak seller's market.

Home prices continue to show resilience. The median sale price currently sits at $594,499, down just 0.1% from the same point last year, while the average sale price has increased to $668,299, representing a 3.6% increase 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 28, Calgary has recorded 10,947 sales, down 11.1% from the 12,315 transactions reported during the same period in 2025.

New listings total 20,727 properties, down 8.9% year over year. Despite fewer sales, pricing continues to remain 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 2.0% to $648,793.

These figures continue to demonstrate that Calgary has transitioned into a healthier and more balanced market after several years of exceptionally strong seller conditions.

Weekly Market Trends

For the week ending June 28, market activity remained slightly below last year's pace.

Sales totaled 500 transactions, down 3.1% from the 516 sales recorded during the comparable week in 2025. New listings declined 8.2% to 831 properties, while active inventory decreased 0.9% to 7,107 homes.

The weekly median sale price declined 2.3% to $585,000, while the average sale price increased 0.9% to $651,306. Homes spent an average of 37 days on market, compared with 35 days during the same week last year.

Although sales remain below last year's pace, balanced inventory and resilient pricing continue to support healthy market conditions.

General Market Trends

Calgary continues to benefit from strong population growth, interprovincial migration, and a diversified economy supported by the energy, technology, logistics, and professional services sectors. Buyers have more options than they did during the highly competitive markets of recent years, while sellers continue to benefit from historically strong property values.

Compared with many other major Canadian cities, Calgary remains one of the country's most affordable large urban housing markets. This affordability advantage continues to attract both local buyers and Canadians relocating from higher-priced markets.

Interest Rate Environment

The Bank of Canada continues to maintain its overnight policy rate at 2.25%. Inflation remains close to the Bank's target range, while policymakers continue monitoring global economic conditions, consumer spending, and energy prices. Current expectations continue to support a relatively stable interest-rate environment through the summer.

Three Major Economic Stories from June 28

1. Oil prices remained stable despite ongoing global uncertainty. Stable energy prices continue to support Alberta's energy sector, employment, investment, and overall economic activity, providing a positive backdrop for Calgary's housing market.

2. Canadian consumers continue to benefit from moderating inflation. Recent inflation trends indicate that price growth has slowed compared with previous years. While affordability challenges remain, easing inflation is helping improve consumer purchasing power and confidence.

3. Housing markets across Canada continue transitioning toward more balanced conditions. Improved inventory levels and greater buyer choice are creating healthier market dynamics in many regions. Calgary continues to outperform many major Canadian cities due to its affordability, strong population growth, and resilient local economy.

Outlook

Calgary's housing market continues to demonstrate strong fundamentals despite sales remaining below last year's exceptional pace. Inventory levels remain balanced, home prices have proven resilient, and buyers now have greater selection without significant downward pressure on values.

Looking ahead, continued population growth, Alberta's strong economic outlook, and a stable interest-rate environment should continue to support housing demand through the summer months. Calgary remains well positioned to maintain one of Canada's healthiest and most balanced real estate markets as the second half of 2026 begins.