Edmonton Housing Market Outlook 2026
Edmonton Sales Rebound While Prices Edge Higher
According to the Realtors Association of Edmonton (RAE), for June 2026, sales rose 7.5% from May to 2,746 units, though they remain down 4.1% from a year earlier, while the average price across all types climbed 4.0% year over year to $483,600.
- The composite Home Price Index eased 0.2% from May to $431,300, down 2.1% year over year, a steadier read than the average price once the mix of what type of properties are sold is stripped out.
- New listings rose 10.1% year over year to 4,475, and inventory climbed 22.2%, loosening conditions similar to spring, with the sales-to-new-listings ratio down to about 53%.
- Detached listings still moved quickly, typically in 33 days or less, while apartment condo prices softened 9.3% year over year, a weakness also echoed in Calgary and Vancouver.
Edmonton remains one of the more affordable major markets in the country, so connect with nesto mortgage experts and compare mortgage rates in Edmonton to see how far your budget goes.
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Edmonton Housing Market Highlights
- The average selling price of a home in Edmonton decreased by 2.1% year-over-year to $423,900 in June.
- The average selling price of a single-family home in Edmonton decreased by 0.5% year-over-year to $510,900 in June.
- The average selling price of a townhouse/multiplex in Edmonton decreased by 5.6% year-over-year to $276,000 in June.
- The average selling price of a condo in Edmonton decreased by 10.3% year-over-year to $202,000 in June.
- The average rent in Edmonton is now $1,610 for June.
- July 23, 2026: Today’s lowest mortgage rate in Edmonton is 4.09% for a 5-year fixed.
Data from the Realtors Association of Edmonton (REA) indicates that the average price of resale residential homes sold across Edmonton in June was $423,900, and itdecreased of 2.1% compared to a year ago.
RAE also reported a sales-to-new-listings ratio (SNLR) of 61%, indicating Sellers market conditions in Edmonton for June.
Composite Home Prices
The average selling price of a home in Edmonton was $423,900 for the month of June, that’s decreased by 0.3% month over month. On a year-over-year basis, Edmonton home prices have decreased 2.1% year-over-year.
Single-family Home Prices
The average selling price of a single-family home in Edmonton was $510,900 for the month of June, that’s decreased by 0.4% month over month. On a year-over-year basis, single-family home prices in Edmonton have decreased by 0.5% year-over-year.
Townhouse and Multiplex Prices
The average selling price of a townhouse in Edmonton was $276,000 for the month of June, that’s increased by 0.3% month over month. On a year-over-year basis, the price of a townhouse in Edmonton has decreased by 5.6% year-over-year.
Condo Prices
The average selling price of a condo in Edmonton was $202,000 for the month of June, that’s decreased by 0% month over month. On a year-over-year basis, the price of a condo in Edmonton has decreased 10.3% year-over-year.
Transactions – Number of Sales
The number of sales in Edmonton was 2,746 during June, that’s increased by 7.4% month over month. On a year-over-year basis, sales in Edmonton have decreased by 4.6% year-over-year.
New Listings
The number of new listings in Edmonton was 4,475 during June, that’s decreased by 7.8% month over month. On a year-over-year basis, new listings in Edmonton have increased by 6.2% year-over-year.
Real Estate Market
The sales-to-new-listings ratio (SNLR) in Edmonton was 61% during June, indicating a Sellers. On a monthly basis, that’s increased by 16.5% month over month. Edmonton’s yearly sales to new listings ratio has decreased by 10.1% year-over-year.
The sales-to-new-listings ratio (SNLR) measures the number of home sales compared to new listings. An SNLR below 40% suggests a buyer’s market, where buyers have the upper hand and greater negotiating power. An SNLR between 40% and 60% is a balanced market, while an SNLR of over 60% is considered a seller’s market.
Annual Changes to Composite Home Prices in Edmonton
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Edmonton Market Rents Snapshot
The average rent in Edmonton was $1,610 for the month of June.
The average rent for a 1-bedroom apartment in Edmonton was $1,292 for the month of June, which decreased by 4.1% year over year.
The average rent for a 2-bedroom apartment in Edmonton was $1,632 for the month of June, which decreased by 4.1% year over year.
Rental Price Changes by City
| Rank | City | Total Average | 1 Bedroom | 2 Bedrooms |
|---|---|---|---|---|
| 1 | North Vancouver | $2,983 | $2,457 | $3,363 |
| 2 | Vancouver | $2,723 | $2,392 | $3,336 |
| 3 | North York | $2,563 | $2,154 | $2,765 |
| 4 | Kanata | $2,551 | $2,282 | $2,766 |
| 5 | Toronto | $2,543 | $2,213 | $2,912 |
| 6 | Burnaby | $2,522 | $2,135 | $2,766 |
| 7 | Coquitlam | $2,504 | $2,083 | $2,687 |
| 8 | Oakville | $2,438 | $2,170 | $2,657 |
| 9 | Etobicoke | $2,427 | $2,084 | $2,629 |
| 10 | Burlington | $2,381 | $2,064 | $2,470 |
| 11 | Mississauga | $2,360 | $2,056 | $2,437 |
| 12 | Halifax | $2,351 | $2,051 | $2,628 |
| 13 | Langley | $2,285 | $1,965 | $2,439 |
| 14 | Vaughan | $2,277 | $2,028 | $2,586 |
| 15 | Victoria | $2,258 | $1,999 | $2,642 |
| 16 | Brampton | $2,231 | $1,962 | $2,355 |
| 17 | Ajax | $2,217 | $1,834 | $2,262 |
| 18 | Scarborough | $2,210 | $1,862 | $2,292 |
| 19 | Guelph | $2,193 | $1,901 | $2,276 |
| 20 | Surrey | $2,187 | $1,803 | $2,239 |
| 21 | Ottawa | $2,179 | $1,956 | $2,462 |
| 22 | Barrie | $2,144 | $1,874 | $2,164 |
| 23 | New Westminster | $2,132 | $1,888 | $2,640 |
| 24 | Waterloo | $2,115 | $1,918 | $2,253 |
| 25 | Kingston | $2,111 | $1,875 | $2,232 |
| 26 | Kelowna | $2,110 | $1,831 | $2,241 |
| 27 | Nanaimo | $2,102 | $1,847 | $2,313 |
| 28 | Laval | $2,089 | $1,726 | $2,350 |
| 29 | East York | $2,077 | $1,829 | $2,335 |
| 30 | Cambridge | $2,075 | $1,836 | $2,141 |
| 31 | Airdrie | $2,027 | $1,477 | $1,814 |
| 32 | Peterborough | $2,000 | $1,755 | $1,968 |
| 33 | Brossard | $1,987 | $1,708 | $2,246 |
| 34 | Greater Sudbury | $1,980 | $1,702 | $2,140 |
| 35 | Oshawa | $1,966 | $1,740 | $2,015 |
| 36 | Montreal | $1,951 | $1,780 | $2,257 |
| 37 | Kamloops | $1,949 | $1,796 | $2,034 |
| 38 | Hamilton | $1,939 | $1,680 | $2,255 |
| 39 | London | $1,932 | $1,664 | $2,068 |
| 40 | Brantford | $1,923 | $1,779 | $2,029 |
| 41 | Calgary | $1,886 | $1,515 | $1,853 |
| 42 | Kitchener | $1,865 | $1,662 | $2,048 |
| 43 | Niagara Falls | $1,861 | $1,607 | $1,976 |
| 44 | St. Catharines | $1,827 | $1,570 | $1,904 |
| 45 | Gatineau | $1,781 | $1,593 | $1,888 |
| 46 | Welland | $1,762 | $1,533 | $1,937 |
| 47 | Côte Saint-Luc | $1,705 | $1,450 | $1,971 |
| 48 | Windsor | $1,702 | $1,488 | $1,921 |
| 49 | Winnipeg | $1,678 | $1,472 | $1,770 |
| 50 | Sarnia | $1,664 | $1,477 | $1,709 |
| 51 | Edmonton | $1,610 | $1,292 | $1,632 |
| 52 | Saskatoon | $1,544 | $1,341 | $1,561 |
| 53 | Lethbridge | $1,534 | $1,321 | $1,543 |
| 54 | Quebec City | $1,508 | $1,292 | $1,675 |
| 55 | Red Deer | $1,508 | $1,337 | $1,499 |
| 56 | Regina | $1,457 | $1,309 | $1,523 |
| 57 | Fort McMurray | $1,413 | $1,212 | $1,443 |
| 58 | Medicine Hat | $1,370 | $1,238 | $1,374 |
| 59 | Lloydminster | $1,306 | $1,026 | $1,378 |
| 60 | St. John's | $1,172 | $1,061 | $1,268 |
Source: Rentals.ca Network Data & Urbanation Inc.
Rental Price Changes by Province
Rental Price Growth by Housing Type
How Does Renting Compare with Homeownership in Edmonton?
Each $100,000 in mortgage balance costs an average of $530.91 per month on nesto’s lowest fixed 5-year rate at 4.09% and $495.28 per month on nesto’s lowest adjustable 5-year rate at 3.40%.
For each $100,000 in mortgage balance, a 0.25% change in Canada’s policy rate impacts the monthly payment by $13.42. The rates used for calculation are those offered for insured purchases with less than a 20% downpayment and a 25-year amortization. Canada’s policy rate is 2.25%, and nesto’s prime rate is set to 4.45%.
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Frequently Asked Questions (FAQ) About the Edmonton Housing Market Outlook for 2026
Why is Edmonton outperforming many major Canadian cities?
Edmonton continues to outperform many major cities due to lower entry prices, strong affordability, and steady buyer demand.
Are home prices in Edmonton expected to rise in 2026?
Edmonton home prices are expected to rise modestly in 2026, supported by limited supply and end-user demand.
Is Edmonton currently a Sellers housing market?
Edmonton is currently in a Sellers market, with neither buyers nor sellers holding a decisive advantage.
Which property types are most resilient in Edmonton?
Detached and row homes remain the most resilient property types in Edmonton.
What could disrupt Edmonton’s market stability?
A significant economic slowdown or a rapid inventory buildup could disrupt market stability in Edmonton.
Why Choose nesto
At nesto, our commission-free mortgage experts, certified in multiple provinces, provide exceptional advice and service that exceeds industry standards. Our mortgage experts are salaried employees who provide impartial guidance on mortgage options tailored to your needs and are evaluated based on client satisfaction and the quality of their advice. nesto aims to transform the mortgage industry by providing honest advice and competitive rates through a 100% digital, transparent, and seamless process.
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