Edmonton Real Estate Market Report — August 2026
Greater Edmonton Area (GEA) | Data: REALTORS® Association of Edmonton

TL;DR: Edmonton home sales fell 10.0% year-over-year in August 2026. Inventory is up 12.7%, and absorption has stretched to 3.75 months — the loosest conditions of the year. Single-family benchmark prices dipped slightly to $524,500 (−0.2% YoY). The Bank of Canada held its rate at 2.25% and is expected to stay there through year-end. Sellers who price sharply will sell; those who don't won't.


August data for the Greater Edmonton Area shows the market following a typical seasonal trend, with activity cooling while prices are holding fairly steady.

Overall Market

Residential sales came in at 2,143 in August — down 10% from…

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At a Glance

Edmonton home sales fell 11.4% year-over-year in July 2026. Inventory is up 15.2%. Single-family benchmark prices are holding at $528,100 (+0.7% YoY), but attached properties are declining. Well-priced homes sell fast; overpriced listings are stalling. The potential Alberta separation referendum is an emerging risk to migration and market confidence.

Edmonton Housing Market, July 2026: Softening Conditions Meet Political Uncertainty

The Greater Edmonton Area's July 2026 data confirms the gradual rebalancing trend that has defined this market all year — now with a new variable layered in.

Overall Market

Residential sales came in at 2,535 in July, down 11.4% from 2,860 transactions in July 2025. New listings fell slightly…

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The Greater Edmonton Area's May 2026 data tells a story of widening divergence — between property types, between well-priced and overpriced listings, and between what the numbers say on the surface and what's actually happening on the ground.

Overall Market

Total residential sales came in at 2,557 — up 3% from April but down 14% year-over-year, a continuing trend relative to 2025. Inventory climbed to 7,839 at month's end, a 20% increase from May 2025, while new listings decreased 1%. The sales-to-listings ratio fell to 52.7%, and absorption stretched to 3.07 months — the loosest conditions seen this spring.

The all-residential average price of $491,794 is up 6.3% year-over-year, but that figure is being skewed upward by stronger activity at the…

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In April, the Greater Edmonton real estate market continued a trend we’ve seen over the past few months, with inventory rising and sales activity softening year over year.

Overall Market

The Greater Edmonton area recorded 2,482 residential sales in April, down 8% from 2,710 last year. New listings rose 5% to 4,207, bringing the active inventory up to 6,911, a 27% year-over-year gain. The sales-to-listings ratio of 59% and 2.78 months of supply indicate the market remains in seller’s territory, though conditions are less competitive than last year. Cumulative days on market increased from 40 to 56, reflecting longer decision times for buyers.

The trend is gradual yet clear: each month of 2026 has seen inventory climb and absorption soften relative…

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The Greater Edmonton real estate market began 2026 with a noticeable shift from the unusually strong conditions seen a year earlier. Sales activity picked up in February but remained down 12% from last year. Supply edged higher, leading to more balanced conditions.

Residential sales totalled 1,606, down roughly 12% from February 2025. Meanwhile, new listings rose slightly to 3,020, about 11% higher than a year earlier. This pushed the inventory up to 3.4 months of supply, signalling that the intense competition seen through much of 2025 has eased. The benchmark price for single-family homes dipped by 1% to $513,700, while townhouses dropped by 4.5% and apartments by 4% year over year. While the average and median prices for single-family homes are…

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The REALTORS® Association of Edmonton recently held its annual housing forecast, giving us insights into what to expect in the Greater Edmonton area housing market in 2026. The consensus for the day was that Edmonton’s real estate market is entering a new phase — one defined less by rapid price acceleration and more by steady demand, balanced conditions, and the supportive backdrop of Alberta’s broader economic trends.

Troy Paquette, the Association's Chair-Elect, started the day off by looking back at 2025, which marked a year of recalibration for the Greater Edmonton real estate market. Activity cooled from the extraordinary highs of the post-pandemic period as migration slowed, inventory began to rise, and economic uncertainty tempered buyer demand.…

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The Greater Edmonton real estate market closed 2025 from a position of strength, even as conditions began to normalize. A total of 26,835 homes sold in the Edmonton area in 2025, down 6% from 2024 but still above levels seen in 2021 through 2023. With a total of 39,381 listings, an 8% year-over-year increase, buyers had more to choose from in 2025. Despite this, inventory remained below long-term norms for much of the year, sustaining seller-favourable conditions across most property types.

Prices continued to advance at a measured but healthy pace. The annual average single-family home price rose 6.4% to $570,045, while townhouses increased 4.8% to $304,553 and apartment condominiums gained 5.5% to $211,388. These gains reflect ongoing demand pressure…

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The Greater Edmonton real estate market continued to follow its normal seasonal trend in November, with sales easing as expected. Even so, activity remained solid by historical standards. Sales declined 16% compared to last November, reflecting both typical seasonal cooling and the gradual moderation we have been tracking this fall.

Price growth, however, remains intact. The benchmark price for single-family homes rose 7.5% year-over-year to $508,000. Apartment-style condominiums increased 1% to $196,700, while townhouses saw a 1% gain to $272,400. With 3.6 months of supply, the region is still technically in seller’s market territory, though conditions are the closest to balanced that we’ve seen in more than two and a half years.

The underlying…

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The Greater Edmonton real estate market continued to demonstrate resilience through October, even as the seasonal slowdown began to take hold. Sales activity remained strong for this time of year but fell 17% compared to last October, reflecting both a cooling market and a gradual return to more balanced conditions.

Prices, however, continue to show upward momentum. The benchmark price for single-family homes reached $507,700—up 7% year-over-year. Apartment-style condominiums edged up 1% to $198,600, while townhouses rose 4.5% to $280,500. With just 3.23 months of supply, Edmonton remains firmly in seller’s market territory, a trend that has persisted for two and a half years.

Yet beneath these strong numbers, subtle shifts are emerging. New…

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Greater Edmonton's housing market continues to favour sellers, though the advantage is beginning to soften as supply increases.

Year-over-year, prices continue to rise: the benchmark price for single-family homes increased by 9% to $518,900; apartment-style condos saw a 2% rise to $201,900; and townhouses gained 6% to $286,500. This pattern reflects buyer demand for space and versatility, with detached homes leading in price growth, followed by townhouses, while condos are starting to lag.

The market remains tight, with only three months of supply, maintaining a seller's market that has lasted over two years. However, clear signs of change are emerging. New listings have risen by 9%, exceeding seasonal norms, and inventory has climbed by 23%,…

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