Real Estate Blog

CALGARY HOUSING MARKET UPDATE – (MAY 23, 2026)

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 112 residential sales on May 22, up from 94 on May 21 and 81 on May 20. New listings came in at 266, while active inventory sits at 6,768 homes.

Daily activity continues to strengthen, with both sales and inventory trending upward as we move deeper into May.

SEVEN-DAY TRAILING TRENDS (MAY 16–22, 2026)
Total residential sales reached 449, down 15.76% compared to the same period in 2025.

New listings totaled 943, a slight decrease of 2.28% year over year, while active inventory sits at 6,768 homes (+0.12%).

The median price came in at $592,500, up 1.28%, while the average price increased 1.97% to $651,613.

Days on market averaged 35 days, up 12.90% from last year, indicating moderately slower absorption.

MONTH-TO-DATE MARKET CONTEXT (MAY)
So far in May, Calgary has recorded 1,548 total residential sales, down 11.24% compared to the same time last year.

New listings total 3,197, down 9.15% year over year.

Active inventory stands at 6,768 homes (+0.12%).

The median price is $590,000 (+0.85%), while the average price is $651,922 (+1.86%).

Days on market are at 35 days.

YEAR-TO-DATE PERFORMANCE
Year-to-date sales total 8,285, down 10.89% from 2025.

New listings are at 15,985 (-7.62%).

The median price is $577,000 (-0.52%), while the average price has increased to $640,253 (+1.47%).

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

MARKET SUMMARY
Calgary’s housing market continues to show resilience, with steady gains in both median and average prices despite lower sales volumes year over year.

Inventory levels are gradually increasing, giving buyers slightly more choice, while still remaining tight enough to support pricing.

Overall, the market remains balanced, with improving daily sales activity and stable price growth as the spring market progresses.