Real Estate Report: Calgary's Market Kicks Off 2026 with Inventory Growth, Shifting Towards Balance

THE DAILY PULSE

• Daily Sales: 15
• New Listings: 19
• Net Inventory Change: +4 properties (daily increase)

Today's average price of $686,983 stands above the month-to-date average of $667,248. This indicates a stronger mix of higher-priced properties selling today, not a general shift in market value.

So What for Buyers Today? While overall daily activity is moderate, buyers seeking properties at higher price points may find selection today. For those at entry-level, options might be limited, requiring patience or adaptability in location/property type.

MONTHLY TRENDS

• Month-to-Date Sales: 73
• Month-to-Date New Listings: 181
• Current Total Active Inventory: 3,933 homes

Despite the slight daily inventory increase, the cumulative month-to-date figures underscore a significant trend: new listings are outpacing sales by a substantial margin (181 vs 73). This rapid replenishment contributes to the current total active inventory of 3,933 properties, continuing the push towards a more supply-rich environment.

So What for Sellers? The growing inventory suggests buyers have more choice. Strategic pricing, enhanced property presentation, and swift responsiveness to inquiries are crucial to attract offers and minimize days on market in this evolving landscape.

THE BIGGER PICTURE (YoY)

This early January activity aligns with the broader shift observed in late 2025. Calgary's total inventory grew by 28.9% year-over-year in December 2025, while home sales dropped by 14.2% as benchmark prices decreased to end the year. The active listings for December 2025 stood at 3,860 homes, directly preceding today's count of 3,933.

On the macroeconomic front, the Bank of Canada held its policy interest rate at 2.25% in December 2025, maintaining consistent borrowing costs. The market narrative continues to evolve into a 'Balanced Transition'.

So What for Buyers? The sustained increase in inventory and stable interest rates create a more favorable environment for long-term planning. Buyers have increased selection and less pressure to act immediately, allowing for thorough due diligence and potentially greater negotiation power. This climate supports strategic investments, particularly as the market moves towards balance.