🇨🇦 CA · Alberta

Calgary.
Where the housing market sits.

Oil-economy proxy that lagged for years, then outperformed the rest of Canada as commodity prices recovered and migration shifted west.

Updated 20h ago Latest data: 2026-03-01 StatsCan NHPI Calgary · BoC · 2021 Census

Calgary sits in Transitional — at least one dimension in the middle zone. Affordability scores 2/100 and momentum 50/100.

City gauges
Affordability
2
Extreme — bottom decile
0 · Most expensive100 · Most affordable
Median price (CAD)
CA$580,000
City-level median home price, source-specific (see below).
Median household income (CAD)
CA$100,000
Most recent published metro-level median household income.
Mortgage payment burden
35.6%
30-year amortized payment at current rates as a share of median household income.
Momentum
50
Below average
0 · Cooling/declining100 · Running hot
Year-over-year price change
-0.8%
Latest available city-level YoY HPI delta.
Months of supply
Not yet sourced for this market — see methodology.
Days on market
Not yet sourced for this market — see methodology.
Regime · What the gauges say together

Transitional

Between regime quadrants — affordability and momentum mixed.

Between regime quadrants — affordability and momentum mixed.

Context
Real price growth (3-mo annualized)+0.32%
Headline mortgage rate6.6%
CPI year-over-year2.39%
Leading equity indicators (homebuilders/REITs)+2.4% avg vs 200-day MA · breadth 3/4
Data sources for Calgary
  • CREB monthly reports
  • CREA HPI Calgary component
  • Alberta economic data

Full source documentation on /data-sources.

Other cities in Canada