Real Estate Report: Calgary's Housing Market Sees Price Resurgence Amidst Expanding Early-January Inventory

THE DAILY PULSE

• Daily Sales (January 14): 44 units
• New Listings (January 14): 72 units
• Net Inventory Change (Daily): +28 units

On January 14, Calgary recorded an average price of $694,271. This figure is notably higher than the Month-to-Date average of $616,187, suggesting that today's sales included a higher proportion of premium properties, influencing the overall daily average.

Implication for Buyers: While the influx of new listings provides more choices, particularly for those seeking higher-end properties, today's average indicates a competitive environment for certain market segments. Buyers should conduct thorough due diligence and consider if their target price point aligns with current daily market activity.

MONTHLY TRENDS

• Month-to-Date Sales (January 1-14): 427 units
• Month-to-Date New Listings (January 1-14): 1,103 units
• Current Total Active Inventory (as of January 13): 4,135 units

The market continues to see a substantial growth in available properties, with Month-to-Date new listings significantly outpacing sales. This trend of expanding inventory, which recorded 4,135 active units as of January 13, signals a move towards more balanced market conditions compared to previous years' supply shortages.

Implication for Sellers: The rising inventory means increased competition. Sellers must be strategic with pricing and property presentation to attract buyers. Overpriced homes are likely to face longer market times as buyers have more options and less urgency to commit.

THE BIGGER PICTURE (YoY)

The Month-to-Date average price for January 2026 stands at $616,187, reflecting a noticeable appreciation over CREB's 2025 annual average benchmark price of $577,492. This early 2026 data points to a renewed upward trend in property values, despite a reported 2% decline in the annual average price for 2025. Current mortgage rates show the lowest 5-year variable rate in Calgary at 3.4% as of January 14, while 5-year fixed rates are reported as unchanged and 3-year fixed rates have seen a slight decrease over the past month.

Implication for Buyers: With signs of price resurgence emerging and variable mortgage rates remaining potentially favorable, delaying a purchase might lead to higher costs in the long run. The expanding inventory, however, offers a wider selection, allowing buyers to focus on long-term value and specific property types in a less frantic environment.