Real Estate Blog

Calgary Daily Market Update – June 30, 2026

Daily Market Activity

Calgary's housing market continues to demonstrate stability as June comes to a close. Through June 29, total sales have reached 2,117 transactions, down 4.8% from the 2,223 sales recorded at the same point in June 2025.

New listings total 3,797 properties, representing an 8.5% decline compared with the 4,148 listings recorded during the same period last year. Active inventory currently stands at 7,063 homes, down 1.4% year over year, indicating that inventory remains balanced while continuing to provide buyers with more selection than during the peak seller's market.

Home prices continue to show resilience. The median sale price currently sits at $594,700, virtually unchanged from the same point last year with a slight decline of just 0.05%. The average sale price has increased to $668,761, representing a 3.9% increase year over year. Homes are averaging 37 days on market, compared with 34 days during the same period in 2025.

Year-to-Date Trends

Through June 29, Calgary has recorded 11,011 sales, down 10.7% from the 12,335 transactions reported during the same period in 2025.

New listings total 20,811 properties, down 8.6% year over year. Despite lower sales activity, home values continue 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 2.1% to $648,995.

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 29, market activity remained nearly in line with last year's pace.

Sales totaled 510 transactions, down just 0.8% from the 514 sales recorded during the comparable week in 2025. New listings declined 5.3% to 834 properties, while active inventory decreased 1.4% to 7,063 homes.

The weekly median sale price declined 0.3% to $587,250, while the average sale price increased 2.1% to $652,865. Homes spent an average of 37 days on market, compared with 35 days during the same week last year.

Although sales volumes remain slightly below last year's levels, balanced inventory and stable 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 continue to enjoy more choice than they did during the highly competitive markets of recent years, while sellers continue to benefit from resilient home 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, helping sustain long-term housing demand.

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 to monitor global economic conditions, consumer spending, labour market trends, and energy prices. Current expectations continue to favour a stable interest-rate environment through the summer unless economic conditions change significantly.

Three Major Economic Stories from June 29

1. Oil prices remained relatively stable as global markets continued to monitor supply expectations and geopolitical developments. Stable energy prices continue to support Alberta's economy, employment, and investment, providing a positive backdrop for Calgary's housing market.

2. Financial markets continued to anticipate that the Bank of Canada will maintain its current interest rate in the near term. With inflation remaining relatively contained, stable borrowing costs continue to support confidence among prospective homebuyers and homeowners.

3. Canada's labour market remained resilient despite slower economic growth. Continued employment strength and steady population growth are helping support housing demand across Alberta, reinforcing Calgary's position as one of Canada's strongest real estate markets.

Outlook

Calgary's housing market continues to demonstrate solid fundamentals despite sales remaining modestly below last year's pace. Inventory levels remain balanced, home prices have proven resilient, and buyers continue to benefit from improved selection without significant downward pressure on values.

Looking ahead, continued population growth, Alberta's economic strength, and a stable interest-rate environment should continue to support housing demand throughout the summer. As the first half of 2026 comes to a close, Calgary remains well positioned to maintain one of Canada's healthiest and most balanced real estate markets.