Real Estate Blog

DAILY CALGARY REAL ESTATE SNAPSHOT
March 11, 2026 – 8:26 AM MST

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 72 residential sales on March 10, following 51 sales on March 9 and 23 sales on March 8, reflecting the typical daily fluctuations that occur as the spring market gains momentum. New listings totaled 82 on the day, while active listings currently sit at 5,117 homes. This represents a 10.6 percent increase compared with the same period last year, continuing the trend of rising supply across the Calgary housing market.

The increase in available inventory continues to provide buyers with more choice as Calgary moves deeper into the early spring selling season.

SEVEN-DAY TRAILING TRENDS
For the week of March 4 to March 10, Calgary recorded 402 total residential sales, representing a 12.8 percent decline compared with the same week in 2025.

During the same period, 837 new listings entered the market, down 17.8 percent year over year. Despite fewer new listings compared with last year, total available inventory remains higher due to the accumulation of listings earlier in the season.

The median sale price averaged $575,000 compared with $591,000 during the same week last year, representing a 2.7 percent decrease year over year. The average sale price came in at $650,530, essentially unchanged from the $650,527 average recorded during the same week in 2025.

Homes are taking longer to sell, with average days on market increasing to 37 days compared with 29 days during the same period last year.

MONTH-TO-DATE MARKET CONTEXT
Through March 10, Calgary has recorded 514 total residential sales, down 12.6 percent compared with 588 sales at the same point last year.

New listings total 1,074, representing a 14.3 percent decrease year over year, while active inventory has increased to 5,117 homes, continuing the trend of expanding supply levels across the market.

The median sale price currently sits at $575,500 compared with $594,500 last year, representing a 3.2 percent decrease year over year. The average March price is $658,635 compared with $652,418 last year, representing a 1.0 percent increase.

Overall pricing remains relatively stable despite softer sales volumes and higher inventory levels.

YEAR-TO-DATE PERFORMANCE
Year to date, Calgary has recorded 3,275 total residential sales, representing a 12.8 percent decline compared with the same period in 2025.

New listings total 6,629, down 5.1 percent year over year. Pricing continues to show resilience, supported by steady population growth and continued housing demand.

The average year to date sale price is $629,118, representing a 2.2 percent increase compared with last year, while the median price stands at $565,000, a 1.6 percent decrease year over year.

Days on market have increased to 46 days compared with 36 days last year, reflecting a more balanced and less competitive market environment compared with the intense seller’s market conditions seen previously.

MORTGAGE RATE ENVIRONMENT
Competitive mortgage rates available to qualified Alberta borrowers currently fall roughly within the following ranges.

1 year fixed: 4.39 percent to 4.79 percent
3 year fixed: 3.59 percent to 4.49 percent
5 year fixed: 3.69 percent to 4.49 percent
10 year fixed: 5.50 percent to 5.80 percent
3 year variable: 3.35 percent to 3.95 percent
5 year variable: 3.35 percent to 4.45 percent

Many borrowers continue choosing shorter term fixed mortgage products while monitoring the outlook for interest rates through the remainder of 2026.

ECONOMIC AND ENERGY CONTEXT
Energy markets have experienced significant volatility in recent sessions. West Texas Intermediate crude opened close to the 120 dollar per barrel range this week, reflecting heightened geopolitical tensions and renewed concerns surrounding global energy supply. Brent crude has also surged above the 120 dollar level, reinforcing strong momentum across global oil markets.

Elevated oil prices typically support Alberta’s economy through increased capital investment in the energy sector, stronger provincial revenues, and improved employment conditions. Historically, these factors contribute to stronger housing demand in Calgary as economic confidence improves.

Western Canadian Select continues to trade at a discount to WTI, generally ranging between 15 and 20 dollars below benchmark pricing. Improvements in pipeline capacity and export infrastructure in recent years have helped narrow this differential compared with historical levels.

MONETARY POLICY AND FINANCIAL MARKETS
The Bank of Canada overnight policy rate currently sits at 2.25 percent, with the next interest rate decision scheduled for March 18.

Financial markets continue debating the timing of potential interest rate reductions later in 2026 as inflation trends gradually moderate. Canadian five year government bond yields remain in the mid three percent range, which continues to influence fixed mortgage pricing across the country.

A relatively stable interest rate environment combined with moderating inflation has helped maintain housing market confidence heading into the spring real estate season.

CALGARY ECONOMIC INDICATORS
Calgary’s economy continues benefiting from strong interprovincial migration, population growth, and relatively affordable housing compared with Canada’s largest metropolitan markets.

Current indicators suggest the unemployment rate is approximately 6.5 percent, the rental vacancy rate is near 4 percent, and population growth continues at roughly 180 new residents per day.

This steady influx of new residents continues supporting long term housing demand across both ownership and rental markets.

COMMUNITY PROFILE – BRENTWOOD
Brentwood remains one of Calgary’s most desirable northwest communities, known for its established neighborhoods, proximity to the University of Calgary, strong transit access, and excellent long term investment potential.

The community features a mix of classic mid century homes, renovated properties, and redevelopment opportunities, continuing to attract families, professionals, and investors seeking a well located inner city neighborhood.

MARKET SUMMARY
Calgary’s housing market continues transitioning toward a more balanced environment as inventory levels rise and buyers gain more options. While sales activity remains below last year’s levels, pricing has remained relatively stable.

Strong population growth, economic resilience, and continued affordability compared with other major Canadian cities continue to support the long term outlook for Calgary real estate.

LET’S CONNECT
If you are thinking about buying, selling, or reviewing your real estate plans for 2026, I would be happy to help.

403‑465‑1133
noahmiller@royallepage.ca

Noah Miller
Real Estate Professional
Royal LePage Benchmark Realty