CALGARY WEATHER

Real Estate Report: Inventory Surge: Sellers Losing Grip as Listings Double Daily Sales

Real Estate Report: Inventory Surge: Sellers Losing Grip as Listings Double Daily Sales

THE DAILY PULSE

  • Daily Sales: 50
  • New Listings: 95
  • Net Inventory Change: Inventory Growing (+45)
  • Today's Average Price: $617,787

Today's average price of $617,787 sits perfectly in line with the monthly average of $617,936, indicating the market is grinding through its typical price band. This isn't luxury fireworks—it's bread-and-butter Calgary real estate doing what it does. The activity is concentrated where it always is: the workable middle.

The Move: If you're a buyer eyeing anything under $600K, don't sleep. That inventory still moves fast. But if you're looking at $650K+, you've got negotiating room now. Sellers are starting to stack up, and that's your leverage. Use it.

  • Month-to-Date Sales: 1,077 (1,027 + 50)
  • Month-to-Date New Listings: 2,549 (2,454 + 95)
  • Total Active Inventory: 4,490

The Friction: Here's the math that matters—new listings are outpacing sales by more than 2:1 this month (sales-to-new-listings ratio of 0.42). That's not a balanced market. That's inventory flooding the zone while buyers take their time. Active listings jumped from 3,860 in December to 4,490 now. Sellers who thought they could coast on 2025's momentum are about to get educated.

Sellers: The competition is rising. If you aren't the best price on the block, you're just decoration. Strategic pricing isn't optional anymore—it's the entry fee. The days of lazy listings getting multiple offers are over. Price it right, stage it hard, or watch it sit while your neighbor's house sells.

THE BIGGER PICTURE (YoY)

Calgary's housing market is entering a phase of "cautious balance" in 2026. The CREB forecast called for a 2.4% dip in sales and a marginal 0.9% price decline for the year, with detached homes holding stronger while apartments face a 3.5% sales drop. With over 26,000 higher-density units under construction, supply pressure is real. Meanwhile, the federal GST elimination on first-time buyer homes under $1M offers some demand-side fuel, and mortgage rates are parked around 4.71% on 5-year fixed—stable but not stimulating.

The Outlook: This isn't a crash—it's a correction toward sanity. Buyers get breathing room, sellers lose the autopilot, and the market finally remembers what negotiation feels like. Welcome to the new normal.