Market Updates
Real estate market trends, statistics, and analysis

Canada Shed 42,000 Jobs in August 2026: The Edmonton Read
Canada lost 42,000 jobs in August 2026 and wage growth slowed to its weakest since 2017. Alberta employment eased 0.3 percent even as its jobless rate fell to 6.8 percent. Here is the Edmonton read.

Edmonton Has Alberta's Lowest Share of Homes in Flood Zones
New Statistics Canada data shows 0.8% of Edmonton homes, or 3,775 properties, sat in high flood hazard areas as of 2022, the lowest share of any Alberta region studied.

Edmonton Home Sales Fell 9.8% in August 2026 as Prices Cooled
Greater Edmonton home sales fell 9.8% year over year in August 2026 as inventory climbed 15.1% and the MLS HPI benchmark price slipped 0.6%, its first annual decline this cycle.

Canada's Counter-Tariffs and Edmonton Building Costs
Canada published counter-tariffs on about $27.6 billion of US goods on August 25, 2026, taking effect September 8. The list hits US-made steel doors, windows, scaffolding, and fasteners at 50%, a direct cost layer for the Edmonton builds and renovations that use them.

Edmonton Council Rezones Gorman and Clareview for Housing
Edmonton City Council gave final approval on August 17, 2026 to rezone Gorman and Clareview Town Centre for housing. Clareview sits at an operating LRT terminus, while the LRT extension meant to serve Gorman is still unfunded.

Edmonton Rental Protection Program: How the Grant Works
Edmonton has opened a grant that helps non-profits and co-ops buy and preserve existing rental buildings as affordable housing. Here is how the funding, eligibility, and application process work.

Canadian Home Sales Rose Again in July 2026: The Edmonton Read
Canadian home sales rose for a fourth straight month in July 2026 even as prices held below last year. Here is what CREA's national report means for Edmonton buyers and sellers.

Edmonton Housing Starts Rose in July 2026 as National Building Slowed
CMHC's July 2026 data shows Edmonton's housing-starts trend rising 10% even as national building slowed, though year-to-date starts remain down 17% from 2025. Here is the Edmonton read.

Only 39% of Edmonton's New Homes Are Near Transit
A new Statistics Canada dataset shows 39.4% of homes started in the Edmonton area in 2024 were within 400 metres of transit, below Calgary and the national average.

Canada's Building Permits Rose 18.5% in June: The Edmonton Read
Canada's building permit value jumped 18.5% to $14.9 billion in June 2026, and Alberta outpaced the country with a 19.6% rise. Permits lead future supply, so here is what the June data signals for Edmonton buyers and owners.

Alberta Posted the Fastest Yearly Job Growth of Any Province
Canada added 75,000 jobs in July 2026 and unemployment fell to 6.4%, its lowest since July 2024. Alberta posted the fastest year-over-year job growth of any province. Here is what it means for Edmonton buyers, sellers, and owners.

Edmonton Home Sales Fell 11% in July 2026 as Inventory Rose
Edmonton home sales fell 11% year over year in July 2026 to 2,535 units as inventory climbed 17.9% while the benchmark price held flat. Here is what the REALTORS® Association of Edmonton numbers mean for local buyers and sellers.

Canada's Economy Grew 0.3% in May 2026: The Edmonton Read
Statistics Canada says the economy grew 0.3% in May 2026 and Q2 is tracking above the Bank of Canada's forecast. Here is what it means for Edmonton.

Ottawa and Alberta's $510M Housing Infrastructure Deal: The Edmonton Read
On July 29, 2026, Ottawa and Alberta signed an agreement providing more than $510 million over eight years for municipal water and sewer infrastructure to unlock new housing. Here is the Edmonton read on what it does, and does not, mean.

New US Tariffs on Canadian Building Materials: The Edmonton Read
The new US Section 338 tariffs cover Canadian building materials, but the duty is paid at the US border. Here is the honest read on what they actually mean for Edmonton building and renovation costs.

CMHC Cuts Its 2026 Housing Forecast: The Edmonton Read
CMHC's July 2026 mid-year update reverses course, forecasting national home sales, prices, and housing starts to all fall in 2026. Here is the Edmonton read.

Edmonton Rents Fell 4.1% in June 2026 as Home Prices Firmed
Edmonton's average asking rent fell 4.1% year over year to $1,508 in June 2026, even as the resale market firmed. What the Rentals.ca and Urbanation report means for renters, buyers, and landlords.

CFB Edmonton Unveils Its First Net-Zero-Ready Military Apartments
Ottawa unveiled 36 net-zero-ready apartments at CFB Edmonton on July 14, 2026, the first of about 1,100 new military homes planned for the north Edmonton area.

Canada's Housing Starts Fell 6% in June 2026: The Edmonton Read
CMHC reported Canada's June 2026 housing starts fell about 6% from May to a seasonally adjusted annual rate of 238,971 units. Here is what the national construction slowdown means for Edmonton, where resale listings have actually been rising.

Edmonton Record Rain 2026: What It Means for Home Insurance
Edmonton just had its wettest June on record, and July storms kept coming. Here is what the record rain means for your home insurance and your home.

CREA June 2026 Housing Report: Alberta Prices Rebound
Canada's housing market stopped sliding in June 2026, and CREA singled out Alberta as the province where prices have resumed rising. Here is what the national picture means for Edmonton.

Edmonton Turns 11 Surplus School Sites Into New Housing
The City of Edmonton is turning 11 surplus school sites it owns into more than 1,300 new homes, most below market rate, with construction now underway in Mill Woods.

Edmonton Real Estate in June 2026: Sales Rose 7.5% as the Market Tightened
The REALTORS® Association of Edmonton reported 2,746 residential sales in June 2026, up 7.5% from May, with the average price near $483,600 and new listings up about 10% year over year.

Edmonton's Infill Height Limit Is Now 9.5 Metres
Edmonton City Council approved lowering the RS zone infill height limit from 10.5 to 9.5 metres, effective August 1, 2026. Here is what actually changes.

Alberta Fast-Tracks 41 School Projects, 11 in the Edmonton Area
Alberta announced 41 accelerated school projects on July 9, 2026, with 11 in the Edmonton area including St. Albert, Morinville and Sherwood Park. Here is what it means for family buyers.

Meta's $13B Sturgeon County Data Centre and What It Means for Edmonton-Area Housing
Meta broke ground on a roughly $13 billion data centre in Sturgeon County, north of Edmonton. Here is what the project could mean for housing demand across the north Edmonton corridor.

The Alberta Condo Market in 2026: A Reality Check for Edmonton and Calgary
Everyone says Alberta condos are soft, but the data splits. Calgary's apartment benchmark is down about 9% year over year on genuine oversupply, while Edmonton condos are soft on sales volume with prices roughly flat. Here is the live data, plus the new 2026 Alberta condo rules most owners have not heard about.

Downtown Edmonton's Residential Rebirth
A new park has towers clustering around it, a First Nation bought into ICE District, and the City opened fresh housing money. Here is what is being built downtown, its real status, and what central Edmonton condos cost right now.

Is Alberta a Buyer's Market in 2026? An Honest Edmonton Read
Edmonton's June 2026 numbers pull two ways: the average price is up 4.1%, the benchmark is down 2.1%, and inventory is up 22.2%. Here is what that means for buyers and sellers, without the spin.

The Edmonton Real Estate Market: Prices, Trends, and 2026 Outlook
Edmonton home prices are flat in 2026 while listings surge and homes take longer to sell. Here are the real MLS numbers and what they mean for buyers and sellers.

Edmonton Housing Market Forecast for 2026
Edmonton's 2026 housing market is flat-to-modest, with prices near $485,000 and forecasters clustered around a 1% to 1.3% gain. Here is what the data and the major outlooks say for buyers and sellers.

The Edmonton Condo Market: Prices and Trends
Edmonton condos sell for roughly half the price of detached homes, but the 2026 market shifted toward buyers. Here is what the latest MLS and CMHC numbers reveal about prices, fees, and timing.

Is Edmonton a Buyer's or Seller's Market Right Now?
Edmonton is still a seller's market by months of inventory, but rising listings and longer selling times are handing buyers real negotiating room. Here is what the May 2026 MLS numbers mean for your next move.

Average House Price in Edmonton: What the Numbers Really Mean
Edmonton's average house price runs higher than the median because luxury sales skew it. Here is how to read both numbers so a headline price actually helps your decision.

Alberta Mortgage Rates in 2026: What Edmonton Buyers Need to Know Now
Bank of Canada holding at 2.25% since October 2025. Prime at 4.45%. Fixed rates starting near 3.9%, variable near 3.3%. Here is what the rate picture means for your Edmonton payment today.

Edmonton Job Market 2026: Who Is Hiring and What They Pay
Edmonton's unemployment rate dropped to 6.5% in March 2026, down from 7.4% a year earlier. Healthcare, construction, and AI are hiring. Here are the employers, sectors, and salaries driving the city's economy.

Cost of Living in Edmonton: What It Actually Costs in 2026
Real numbers on housing, rent, transit, and taxes, updated May 2026. See how Edmonton compares to Calgary and Toronto.

Edmonton Real Estate Market Report (Updated Monthly)
Edmonton sales rose 16% in April 2026 while inventory sits 31% above last year. Condos are rebounding, detached is flat, and the Bank of Canada is holding at 2.25%.