Real Estate Blog

DAILY CALGARY REAL ESTATE SNAPSHOT
March 14, 2026 – 9:18 AM MST

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 109 residential sales on March 13, following 64 sales on March 12 and 66 sales on March 11, reflecting a strong daily rebound in activity as the spring housing market continues to build momentum. New listings totaled 171 on the day, while active listings increased to 5,317 homes. This represents a 9.2 percent increase compared with the same period last year, continuing the trend of gradually expanding inventory levels across Calgary.

The increase in available listings continues to give buyers more options compared with the tight supply conditions experienced over the past two years as the spring market unfolds.

SEVEN-DAY TRAILING TRENDS
For the week of March 7 to March 13, Calgary recorded 424 total residential sales, representing a 10.0 percent decline compared with the same week in 2025.

During the same period, 799 new listings entered the market, down 20.0 percent year over year. Despite fewer new listings compared with last year, total available inventory remains higher due to accumulated supply earlier in the season.

The median sale price averaged $556,500 compared with $600,000 during the same week last year, representing a 7.3 percent decrease year over year. The average sale price came in at $644,125 compared with $645,078 last year, essentially unchanged.

Homes are taking slightly longer to sell, with average days on market rising to 33 days compared with 29 days during the same period last year.

MONTH-TO-DATE MARKET CONTEXT
Through March 13, Calgary has recorded 753 total residential sales, down 7.7 percent compared with 816 sales at the same point last year.

New listings total 1,610, representing a 10.1 percent decrease year over year, while active inventory has increased to 5,317 homes, continuing the trend of expanding supply across the market.

The median sale price currently sits at $570,000 compared with $592,200 last year, representing a 3.8 percent decrease year over year. The average March price is $648,997 compared with $647,282 last year, representing a modest 0.3 percent increase.

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

YEAR-TO-DATE PERFORMANCE
Year to date, Calgary has recorded 3,514 total residential sales, representing an 11.8 percent decline compared with the same period in 2025.

New listings total 7,164, down 4.7 percent year over year. Pricing continues to show resilience supported by strong population growth and steady housing demand.

The average year‑to‑date sale price is $629,061, representing a 2.0 percent increase compared with last year, while the median price stands at $565,000, a 1.7 percent decrease year over year.

Days on market have increased to 45 days compared with 35 days last year, reflecting a more balanced housing market 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
Global energy markets continued to experience volatility this week as geopolitical tensions and supply concerns drove strong price swings in crude oil markets. West Texas Intermediate crude has been trading in the high 110 to 120 dollar range, with traders reacting to tightening global supply expectations and ongoing uncertainty surrounding key oil‑producing regions. Brent crude has also remained elevated around similar levels, reflecting strong global demand combined with constrained production growth.

Higher oil prices are particularly significant for Alberta’s economy. Elevated energy prices typically support increased capital spending in the oil and gas sector, stronger provincial government revenues, and improved employment conditions across the province. When energy investment expands, Calgary historically sees stronger housing demand due to job growth, population inflows, and higher consumer confidence.

Western Canadian Select continues to trade at a discount to WTI due to transportation and quality differences, generally remaining about 15 to 20 dollars below the U.S. benchmark. However, the differential has remained relatively stable compared with past years due to improved pipeline capacity and export infrastructure.

MONETARY POLICY AND FINANCIAL MARKETS
Financial markets continue to focus on upcoming central bank decisions as inflation trends gradually moderate. The Bank of Canada’s policy rate currently sits at 2.25 percent, with the next interest rate announcement scheduled for March 18.

Bond markets remain an important driver of mortgage pricing. Canadian five year government bond yields have remained around the mid three percent range in recent sessions, keeping fixed mortgage rates relatively stable compared with earlier periods of volatility.

Investors are closely watching economic data releases and global financial conditions to determine when central banks may begin easing policy later in 2026.

CALGARY ECONOMIC INDICATORS
Calgary’s local economy continues benefiting from strong population growth, migration from other Canadian provinces, and relatively affordable housing compared with markets such as Toronto and Vancouver.

Current indicators suggest the unemployment rate remains near 6.5 percent, the rental vacancy rate is close to 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 long term investment potential.

The community features a mix of 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