Category: alberta
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Calgary’s Record-Breaking Home Construction Is Actually Shrinking Its Housing Shortage
Calgary has spent the past several years building homes at a record pace, and new data suggests all that construction is actually making a measurable difference. According to the Canada Mortgage and Housing Corporation’s Fall 2026 Housing Supply Report, Calgary is one of the few major Canadian housing markets where the estimated housing supply gap…
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Canadian Household Wealth Just Hit $19.1 Trillion, But Most Financial Assets Are Owned By The Richest 20%
Canadian households are collectively wealthier than ever, but new data shows those gains are far from evenly distributed. Household net worth in Canada climbed to a record $19.1 trillion in the second quarter of 2026, according to new Statistics Canada data released September 11. That was a 2.9% increase in just three months, driven largely…
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Edmonton Is The Only Major Canadian City Without A Housing Supply Shortage
Canada may be struggling with a massive housing shortage, but one major city appears to be bucking the trend. Edmonton is currently the only large Canadian housing market with no measurable housing supply gap, according to the Canada Mortgage and Housing Corporation’s new Fall 2026 Housing Supply Report. CMHC says housing construction in Edmonton has…
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Edmonton Home Prices Just Fell As Housing Inventory Jumps 15%
Edmonton’s housing market may be starting to shift as home sales slow, inventory climbs and benchmark prices move lower. The Greater Edmonton Area recorded 2,143 home sales in August 2026, according to the latest report from the REALTORS® Association of Edmonton. That was a 15.4% drop from July and a 9.8% decline compared with August…
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Calgary condo prices have dropped nearly $46K from their peak
Calgary’s condo market has changed significantly from the red-hot conditions seen just a couple of years ago, with apartment prices now sitting roughly 13% below their 2024 peak. According to the latest data from the Calgary Real Estate Board, the benchmark price for an apartment-style condo in Calgary fell to $295,400 in August 2026. That…
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The Bank Of Canada Just Warned Interest Rates Could Go Up More Than Once
Canadians who have been waiting for interest rates to fall could be in for a surprise, because the Bank of Canada is now warning that rates may need to go up again. The Bank of Canada held its policy interest rate at 2.25% on September 2, keeping it unchanged for another meeting. But what Governor…
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Every Province Ranked by Housing Affordability in Canada
Housing affordability looks very different depending on where you live in Canada. In some provinces, average home prices remain below $400,000. In others, buyers are still facing price tags close to or above $800,000, even after several years of market cooling. Based on the latest available provincial home price data, here is how every Canadian…
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Canada’s Housing Market Has Now Seen Its Largest Price Correction In History
Canada’s housing market has experienced one of the most dramatic booms in history, and according to new data, it’s now experiencing its largest correction on record. New figures from the Bank for International Settlements (BIS) show national home prices have fallen significantly since peaking in early 2022. Once inflation is factored in, prices have dropped…
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Bank of Canada Expected To Hold Rates This Week. Here’s What It Means For Ontario Homebuyers
All eyes will be on the Bank of Canada this Wednesday as policymakers announce their latest interest rate decision, a move that could influence mortgage rates, homebuyer confidence, and the direction of Ontario’s housing market. While many prospective buyers have been hoping for another rate cut, economists overwhelmingly expect the central bank to leave its…
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The Cheapest Places to Retire in Canada Based on Housing Costs
Retirement looks a little different for everyone, but one thing almost every Canadian retiree has in common is wanting to make their money go further. With housing remaining one of the biggest expenses for Canadians, many retirees are choosing to relocate to communities where they can buy a home for hundreds of thousands of dollars…
