01/16/2026
✨️👇 told us 2026 will be balanced. Balanced doesn’t mean boring. We are a growing city, there will be opportunities, and the market will move with intention.
While other markets have experienced major swings, Edmonton remains steady. This is because the demand in our market is supported by good employment rates, population growth in our province, and city planning that allows us to remain more affordable than Calgary.
The Bank of Canada is expected to keep rates relatively steady this year, which will support demand.
2025 saw housing starts up 22% in Edmonton, meaning there is healthy new home inventory. The number of unsold single family detached homes and townhomes are high and right now there is choice for buyers. Housing starts are expected to slow in 2026, however we will need infrastructure and housing to support even more growth in the years to come.
To sustain growth, we need to become a destination by way of landmarks. We want to see more synergy between public and private sectors. We will need to anticipate the need for hard infrastructure like roads and soft infrastructure like services and culture.
Despite 2026 being forecasted as balanced, we will still see multiple offers on homes that are priced well and in good condition. The market is motivated, but their expectations of price and conditions are higher.
Preparation, timing, and good advice will be paramount to success for buyers and sellers this year.
What do you think? Will market predictions come true? What opportunities for synergy between the public and private sectors do you see in your world?
