Real Estate Blog

CALGARY HOUSING MARKET UPDATE – (MAY 16, 2026)

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 111 residential sales on May 15, up from 86 on May 14 and 104 on May 13. New listings came in at 224, while active inventory increased to 6,568 homes.

Inventory continues to trend slightly upward, maintaining a balanced environment with steady supply.

SEVEN-DAY TRAILING TRENDS (MAY 9–15, 2026)
Total residential sales reached 531, down 10.46% compared to the same period in 2025.

New listings totaled 941, a decrease of 15.76% year over year, while active inventory sits at 6,568 homes (-0.67%).

The median price came in at $616,000, up 8.07%, while the average price increased 5.11% to $683,426.

Days on market averaged 33 days, up 3.13% from last year, indicating relatively stable absorption.

MONTH-TO-DATE MARKET CONTEXT (MAY)
So far in May, Calgary has recorded 1,099 total residential sales, down 9.25% compared to the same time last year.

New listings total 2,254, down 11.75% year over year.

Active inventory stands at 6,568 homes (-0.67%).

The median price is $586,000 (+0.17%), while the average price is $652,048 (+1.80%).

Days on market are holding at 35 days.

YEAR-TO-DATE PERFORMANCE
Year-to-date sales total 7,836, down 10.59% from 2025.

New listings are at 15,042 (-7.93%).

The median price is $575,000 (-0.86%), while the average price has increased to $639,602 (+1.45%).

Days on market remain elevated at 39 days compared to 32 days last year.

MARKET SUMMARY
Calgary’s housing market is showing strengthening short-term price momentum, with both median and average prices rising notably in recent weekly trends.

While sales activity and new listings remain below last year’s levels, tighter listing inflow combined with steady demand is supporting price growth.

Overall, the market remains balanced but is showing signs of renewed upward pressure on pricing as we move further into May.