Real Estate Blog

CALGARY HOUSING MARKET UPDATE – (MAY 24, 2026)

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 44 residential sales on May 23, down from 112 on May 22 and 94 on May 21. New listings came in at 79, while active inventory sits at 6,789 homes.

Daily activity pulled back, which is typical heading into the weekend, while inventory levels remain steady.

SEVEN-DAY TRAILING TRENDS (MAY 17–23, 2026)
Total residential sales reached 451, down 10.69% compared to the same period in 2025.

New listings totaled 942, a decrease of 3.88% year over year, while active inventory sits at 6,789 homes (-1.11%).

The median price came in at $591,000, up 3.59%, while the average price remained relatively flat at $647,087 (+0.18%).

Days on market averaged 35 days, up 9.38% from last year, indicating slightly slower absorption.

MONTH-TO-DATE MARKET CONTEXT (MAY)
So far in May, Calgary has recorded 1,592 total residential sales, down 15.09% compared to the same time last year.

New listings total 3,276, down 13.65% year over year.

Active inventory stands at 6,789 homes (-1.11%).

The median price is $589,000 (+0.68%), while the average price is $649,834 (+1.27%).

Days on market are at 35 days.

YEAR-TO-DATE PERFORMANCE
Year-to-date sales total 8,329, down 11.66% from 2025.

New listings are at 16,064 (-8.61%).

The median price is $576,000 (-0.69%), while the average price has increased to $639,916 (+1.35%).

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

MARKET SUMMARY
Calgary’s housing market remains stable, with modest price growth continuing despite softer sales activity.

Inventory levels are holding steady, and while sales have slowed compared to last year, pricing remains resilient.

Overall, the market continues to favor balance, with slightly more time on market and improved conditions for buyers, while still supporting sellers through steady price performance.