Real Estate Blog

CALGARY HOUSING MARKET UPDATE – (MAY 17, 2026)

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 42 residential sales on May 16, down from 111 on May 15 and 86 on May 14. New listings came in at 80, while active inventory rose slightly to 6,592 homes.

Inventory remains elevated but stable, continuing to support balanced conditions across the market.

SEVEN-DAY TRAILING TRENDS (MAY 10–16, 2026)
Total residential sales reached 516, down 14.43% compared to the same period in 2025.

New listings totaled 949, a decrease of 10.81% year over year, while active inventory sits at 6,592 homes (-1.20%).

The median price came in at $624,450, up 7.50%, while the average price increased 8.26% to $688,769.

Days on market averaged 32 days, up 3.23% from last year, indicating steady absorption.

MONTH-TO-DATE MARKET CONTEXT (MAY)
So far in May, Calgary has recorded 1,141 total residential sales, down 16.72% compared to the same time last year.

New listings total 2,334, down 17.06% year over year.

Active inventory stands at 6,592 homes (-1.20%).

The median price is $586,000 (-0.17%), while the average price is $650,920 (+1.69%).

Days on market are at 34 days.

YEAR-TO-DATE PERFORMANCE
Year-to-date sales total 7,878, down 11.71% from 2025.

New listings are at 15,122 (-8.89%).

The median price is $575,000 (-0.86%), while the average price has increased to $639,505 (+1.42%).

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

MARKET SUMMARY
Calgary’s housing market is showing a notable shift toward stronger pricing, with both median and average prices rising significantly in the most recent weekly data.

While sales and new listings continue to trend below last year’s levels, reduced supply is helping support upward price pressure.

Overall, the market remains balanced, but tightening listing activity and resilient demand are contributing to renewed price growth as May progresses.