Category: Alberta Real Estate Market Update

Home resales in Canada were subdued in December due to affordability challenges, economic uncertainty, and job market softness. Increased inventory in southern Ontario and British Columbia gave buyers more choice, leading to falling home values in Vancouver, Calgary, and Toronto. Montreal saw moderate price gains, especially in single-family homes. Calgary remained stable but with declining…

Alberta led Canada in 2025 with over 53,000 housing starts, a 14% increase from the previous year, accounting for more than a quarter of national starts. Efforts to reduce red tape and update building codes helped lower rents, with Edmonton's average rent about $400 below the national average. Over 44,000 rental units were added in…

In 2025, Alberta saw a record surge in housing construction with nearly 55,000 new dwellings started, driven by rapid population growth of nearly 598,000 since 2021. About 70% of these are multiple-unit dwellings, reflecting demand for affordable housing. Efforts to address a housing supply gap include government initiatives to speed up development, updated building codes,…

Alberta recorded over 50,000 housing starts in 2025, a 14% increase from 2024, making up a quarter of Canada's total. The province's average rent is about $400 lower than the national average, with rents in Calgary and Edmonton at $1,920 and $1,590 respectively for two-bedroom units. Population growth has slowed but remains positive. The focus…

Alberta led Canada in housing starts per capita in 2025, with about 54,900 starts, a 15% increase from 2024. The province saw a boom in rental housing, helping lower rents below the national average. Factors aiding Alberta include spread-out cities, no provincial sales tax, lower municipal fees, and faster permit approvals aided by AI. While…

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Alberta saw a record 54,900 housing starts in 2025, driven by strong population growth of nearly 598,000 since 2021. About 70% were multi-unit dwellings like apartments and rowhouses. Efforts to speed construction included updated building codes and reduced red tape. Despite the surge, concerns remain about affordability for low-income renters. Housing starts may decline as…

Alberta is set to reach a record 54,900 housing starts in 2025, a rise of over 7,000 from 2024, with 70% being multi-unit dwellings. Population growth of nearly 598,000 between 2021 and 2025 drives demand. To address a projected housing deficit, the government updated building codes and launched incentives to speed construction. However, housing starts…

Alberta surpassed 50,000 housing starts in 2025, setting a new quarterly record with over 17,000 starts. The province led Canada in housing starts per capita for the second year, driven by reduced red tape and supportive policies. Rental construction nearly tripled over a decade, lowering average rents to about $400 below the national average. Over…

Alberta set a new housing record with over 53,000 homes started in 12 months, surpassing the previous record by 14%. Grande Prairie saw an 89% increase in housing starts. Government initiatives reducing red tape have boosted construction, especially rentals, easing pressure on renters. Alberta accounted for 80% of prairie housing starts in 2025, with average…

Alberta saw a 14% increase in housing starts in 2025, with 53,000 homes breaking ground, nearly a quarter of Canada's total. National housing starts rose 5.6% to 259,028 but remain below targets for affordability. Rental starts hit record levels, making up over half of urban starts. Developers favored mid-density projects amid economic uncertainty. Despite gains,…