08/27/2026
Showings are down. Sales are up. New listings are down.
Confusing? Not when you zoom out. đ
Hereâs what happened in Albertaâs housing market this week:
đ Showings fell 7%â¨đ Sales increased 6%â¨đ New listings dropped 11%
After two weeks of gains, showing activity returned to roughly where August began. Most price ranges saw modest declines, while homes between $700K and $900K actually recorded increases.
The sharpest drop came in the $1.2Mâ$1.3M rangeâbut smaller sample sizes can make weekly changes look more dramatic than they really are. That same range posted a significant gain the week before.
The more encouraging signal? Sales improved for the second consecutive week, while the pace of new inventory continued to slow.
That combination matters.
If demand were falling while supply kept accelerating, there would be more reason for concern. Instead, transactions are moving and inventory growth is moderating.
This isnât a market surgeâor a market collapse. Itâs a market finding its balance.
Alberta remains comparatively tighter than the country overall, with approximately 3.5 months of inventory in July versus 4.7 months nationally. Thereâs more choice than buyers had at the peak and less pressure on prices, but conditions remain relatively healthy.
Tariffs add another layer of uncertainty. However, ATB estimates the economic impact on Alberta will be considerably smaller than the impact nationally, largely because energy products are exempt.
The takeaway?
Albertaâs market is cooling from the extremesânot falling apart. As Labour Day approaches, some seasonal softness is normal, and history suggests buyer activity could begin picking up again once September gets underway.
Are you noticing more choice in your price rangeâor are the best homes still moving quickly? Let me know below.
Want the numbers for your neighbourhood? Send us a DM.