Tag: Alberta housing market
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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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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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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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Calgary Is Becoming More Affordable For Homebuyers, But It Still Lags Other Alberta Cities
Buying a home in Calgary is becoming more affordable, according to a new report from Royal LePage. However, the city still trails several other Alberta markets when it comes to overall affordability. The report found that while housing costs have become more manageable over the past two years, Calgary remains outside Canada’s top 15 most…
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This Alberta City Was Just Named Canada’s Most Affordable Place To Buy A Home
As housing affordability continues to challenge buyers in Canada’s largest cities, one Alberta community has claimed the title of the country’s most affordable place to purchase a home. A new report from Royal LePage ranked Lethbridge, Alberta, as Canada’s most affordable city for homeownership based on the percentage of household income required to cover mortgage…
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Edmonton Has Overtaken Toronto As Canada’s Hottest Luxury Housing Market
For years, Toronto dominated conversations about Canada’s luxury real estate market. But new data suggests another city is now leading the country’s high-end housing sector. According to a new report from Re/Max Canada, Edmonton recorded the strongest growth in luxury home sales among major Canadian markets, with transactions increasing 50% year-over-year. Meanwhile, luxury home sales…
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Edmonton Home Prices Rise While Condo Values Slide – WOWA Flags A Split Market Heading Into 2026
January 18, 2026 Edmonton’s housing market ended 2025 with a clear two-speed story: overall prices moved higher, but condos moved the other way. New data from WOWA’s December 2025 Edmonton housing market report shows the average home price rose month over month and year over year, even as transaction volume fell and apartment prices posted…
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Calgary Home Sales Fell 14% in December 2025 as Prices Dropped and Inventory Rose: CREB
Calgary’s housing market ended 2025 with slower activity, softer pricing, and a meaningful rise in resale supply. New figures show 1,126 homes sold in December 2025, down 14.2% compared with December 2024, while the city’s residential benchmark price fell 4.7% year-over-year to $554,700. The Calgary Real Estate Board (CREB) says 2025 was a “year of…
