Real Estate Report: Calgary Inventory Climbs Daily Amid Steady Sales

THE DAILY PULSE

• Daily Sales: 40
• New Listings: 167
• Net Inventory Change: +127 units (167 new listings - 40 sales)
• Active Listings: 4,072
• Daily Average Price: $678,388

On January 9, 2026, Calgary's market saw a notable daily increase in active listings as new inventory significantly outpaced sales. The daily average price of $678,388 is considerably higher than the month-to-date average of $618,157. This indicates that today's transactions likely included a higher proportion of luxury or premium properties, rather than reflecting an overall shift in property values.

Implication for Buyers: For a buyer looking to make an offer *today*, the continued influx of new listings means a steadily expanding selection pool. However, the elevated daily average price suggests that competitive offers may still be seen in higher-value segments. Be prepared to act on desirable properties, but also leverage the growing inventory to avoid overpaying, especially in other price points.

MONTHLY TRENDS

• Month-to-Date Sales (as of Jan 8): 203
• Month-to-Date New Listings (as of Jan 8): 637
• Current Total Active Inventory (as of Jan 9): 4,072
• Month-to-Date Average Price: $618,157

The first week of January shows new listings (637 as of Jan 8) significantly outpacing sales (203 as of Jan 8), contributing to the current active inventory of 4,072 homes. This consistent pattern of inventory growth, despite fluctuations in daily activity, indicates a broader shift towards a more balanced market compared to previous periods. The month-to-date average price of $618,157 provides a more stable perspective on current valuations, smoothing out daily volatility.

Implication for Sellers: Sellers should recognize the sustained growth in active inventory. While underlying demand remains, competitive pricing and a well-presented home are paramount. The market is firmly in a "Transitioning Market" phase; sellers who price strategically in line with month-to-date trends, rather than solely focusing on recent peak prices, are more likely to attract serious buyers and secure a sale.

THE BIGGER PICTURE (YoY)

• Bank of Canada Policy Rate: Held steady at 2.25% (December 10, 2025). Next announcement January 28, 2026.
• December 2025 CREB Report Highlights:
  • Year-over-Year (YoY) Sales: Declined.
  • YoY Inventory: Up 28.9%.
  • YoY Overall Benchmark Price: Down 4.7%. (Performance varied by property type; condos and townhomes saw more pronounced declines due to increased supply, while detached and semi-detached homes showed more stability or minor gains in some sub-markets.)

Calgary's market is firmly characterized as a "Balanced/Transitioning Market," moving away from previous seller-dominated conditions. The Bank of Canada's decision to hold interest rates steady at 2.25% has created some stability, though variable mortgage rates have seen minor recent increases. Compared to December 2024, inventory has significantly increased by 28.9%, alongside a 4.7% year-over-year decrease in the overall benchmark price. This broad trend suggests increased selection and more rational pricing across the board, although performance varies by property type and sub-market.

Implication for Buyers: For buyers, the long-term trend of increased inventory and softening benchmark prices (particularly in higher-density segments) presents strategic opportunities. With the Bank of Canada holding rates, there's a period of relative stability to assess options. Focus on properties that align with adjusted benchmark prices, and consider multi-family units where inventory growth and price adjustments are more pronounced. Long-term value is increasingly found by assessing property type and location within this transitioning market.