Edmonton Inventory Builds as Sales Ease and Prices Flatten

According to the Realtors Association of Edmonton (RAE), Edmonton recorded 2,143 sales in August 2026, down 15.4% from July and 9.8% from August 2025. New listings reached 3,769, a 3.3% increase over last year, and inventory closed the month 15.1% higher than a year ago at 8,052 units. Edmonton’s long run of tight conditions has clearly eased.

• The MLS HPI composite benchmark was $426,900, down 0.6% year-over-year and 0.6% month-over-month. The average selling price across all residential types was $469,602, up 1.8% from August 2025 despite a 1.1% dip from July.
• The sales-to-new-listings ratio was 56.9%, and homes took an average of 41 days to sell—four days longer than a year ago.
• By property type, detached homes averaged $575,575, up 1.0% year over year, and semi-detached homes averaged $424,322, up 0.8%. Row and townhomes averaged $298,238, down 1.2%, while apartment condominiums averaged $215,422, down 1.2%, with sales off 18.7%.

Board chair Darlene Reid put the tension plainly, noting that average prices remain steady while inventory keeps building, and that supply is ample, but unless demand keeps up, downward pressure on prices beyond the usual seasonal patterns is likely. That is the signal to watch through the fall: Edmonton’s prices have held while its supply cushion has grown by roughly a sixth in a year.

Edmonton has moved from a sellers’ market to genuinely balanced territory over roughly a year, and it did so through supply rather than price collapse. Compare mortgage rates in Edmonton and reach out to our nesto mortgage experts to find out what you qualify for in a slowing market.

Edmonton Housing Market Highlights

• The average selling price of a home in Edmonton decreased by 0.40% year-over-year to $420,100 in August 2026.
• The average selling price of a single-family home in Edmonton increased by 0.06% year-over-year to $506,700 in August 2026.
• The average selling price of a townhouse/multiplex in Edmonton decreased by 3.11% year-over-year to $270,600 in August 2026.
• The average selling price of a condo in Edmonton decreased by 1.53% year-over-year to $199,100 in August 2026.
• October 23, 2026: Today’s lowest mortgage rate in Edmonton is 4.59% for a 5-year fixed.

Data from the Realtors Association of Edmonton (RAE) indicates that the average price of resale residential homes sold across Edmonton in August 2026 was $420,100, and it decreased by 0.40% compared to a year ago.

RAE also reported a sales-to-new-listings ratio (SNLR) of 56.9%, indicating balanced market conditions in Edmonton for August 2026.

Edmonton	Composite Price August 2026	Composite Price July 2026	YoY Change (%)	MoM Change (%)
Single Family Home	$506,700	$510,400	increased by 0.06%	decreased by 0.72%
Townhouse/Multiplex	$270,600	$272,600	decreased by 3.11%	decreased by 0.73%
Condo / Apartments	$199,100	$200,100	decreased by 1.53%	decreased by 0.50%
Composite	$420,100	$422,900	decreased by 0.40%	decreased by 0.66%

Edmonton Home Price Changes Over The Last Decade

Composite Home Prices

Single-Family Home Prices

Townhouse and Multiplex Prices

Condo Prices

Edmonton Housing Market Conditions

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Edmonton Market Rents Snapshot

The average rent in Edmonton was $1,631 in August 2026 and has decreased by 2.92% year over year.

The average rent for a 1-bedroom apartment in Edmonton was $1,275 for August 2026 and has decreased by 4.99% year over year.

The average rent for a 2-bedroom apartment in Edmonton was $1,646 for August 2026 and has decreased by 3.69% year over year.

Average Rents for Cities Across Canada

Rank	City	Total Avg	1 Bed	2 Bed
1	North Vancouver	$3,028	$2,466	$3,477
2	Vancouver	$2,754	$2,373	$3,271
3	Burnaby	$2,564	$2,111	$2,785
4	Toronto	$2,556	$2,220	$2,937
5	North York	$2,528	$2,093	$2,692
6	Kanata	$2,501	$2,265	$2,691
7	Coquitlam	$2,482	$2,053	$2,608
8	Oakville	$2,460	$2,165	$2,703
9	Etobicoke	$2,431	$2,099	$2,644
10	Barrie	$2,397	$2,148	$2,552
11	Burlington	$2,379	$2,074	$2,389
12	Vaughan	$2,363	$2,114	$2,569
13	Mississauga	$2,337	$2,036	$2,423
14	Halifax	$2,324	$2,002	$2,508
15	Brampton	$2,261	$1,990	$2,334
16	Victoria	$2,253	$1,987	$2,632
17	New Westminster	$2,241	$1,881	$2,734
18	Langley	$2,239	$1,868	$2,426
19	Surrey	$2,227	$1,807	$2,251
20	Guelph	$2,225	$1,961	$2,292
21	Ajax	$2,214	$1,927	$2,294
22	Ottawa	$2,200	$1,969	$2,445
23	Scarborough	$2,178	$1,855	$2,315
24	Waterloo	$2,158	$1,884	$2,302
25	Nanaimo	$2,157	$1,897	$2,261
26	Kingston	$2,150	$1,930	$2,308
27	Laval	$2,131	$1,712	$2,364
28	Kelowna	$2,111	$1,834	$2,270
29	Brossard	$2,083	$1,790	$2,190
30	Cambridge	$2,055	$1,863	$2,143
31	East York	$2,044	$1,800	$2,355
32	Airdrie	$2,013	$1,466	$1,750
33	Oshawa	$1,993	$1,724	$2,006
34	Niagara Falls	$1,988	$1,714	$1,960
35	Greater Sudbury	$1,982	$1,745	$2,076
36	Montreal	$1,961	$1,746	$2,261
37	Kamloops	$1,957	$1,701	$2,023
38	Kitchener	$1,935	$1,709	$2,063
39	Peterborough	$1,926	$1,692	$1,964
40	Brantford	$1,923	$1,780	$2,033
41	Hamilton	$1,910	$1,657	$2,130
42	London	$1,897	$1,628	$1,998
43	Calgary	$1,883	$1,508	$1,834
44	St. Catharines	$1,830	$1,518	$1,959
45	Welland	$1,792	$1,540	$1,920
46	Gatineau	$1,769	$1,625	$1,810
47	Côte Saint-Luc	$1,655	$1,410	$1,875
48	Winnipeg	$1,653	$1,435	$1,764
49	Windsor	$1,638	$1,467	$1,843
50	Edmonton	$1,633	$1,281	$1,643
51	Quebec City	$1,620	$1,308	$1,642
52	Red Deer	$1,614	$1,338	$1,503
53	Sarnia	$1,583	$1,408	$1,642
54	Lethbridge	$1,573	$1,355	$1,558
55	Saskatoon	$1,559	$1,305	$1,536
56	Regina	$1,468	$1,305	$1,521
57	Lloydminster	$1,392	$1,108	$1,422
58	Fort McMurray	$1,386	$1,147	$1,372
59	St. John's	$1,362	$1,167	$1,328
60	Medicine Hat	$1,360	$1,232	$1,391

Average Rent by City
Source: Rentals.ca Network Data & Urbanation Inc.

Average Rent by Province

LOCATION	Total	1B	2B
AB	$1,776	$1,405	$1,747
BC	$2,387	$2,048	$2,634
MB	$1,643	$1,419	$1,742
ON	$2,256	$1,968	$2,437
QC	$1,931	$1,690	$2,149
SK	$1,461	$1,265	$1,502
Atlantic Canada	$2,274	$1,909	$2,434
Canada	$2,035	$1,753	$2,146

Average Rent by Property Type Across Canada

TYPE	Total	1B	2B
All	$2,035	$1,753	$2,146
Apartment	$2,038	$1,799	$2,232
Condominium	$2,050	$1,827	$2,170
House/Townhouse	$2,014	$1,305	$1,733

How Does Renting Compare With Homeownership in Edmonton?

Each $100,000 in mortgage balance costs an average of $564 per month on nesto’s lowest fixed 5-year rate at 4.59%, and $503 per month on nesto’s lowest adjustable 5-year rate at 3.41%.

On the variable side, a 0.25% change in the Bank of Canada’s policy rate moves that payment by roughly $13.47 per $100,000 if rates rise, or $13.27 if they fall. Fixed payments aren’t affected the same way mid-term—a fixed rate is locked for the term and tracks bond yields, not the policy rate directly, so this sensitivity applies only to the variable side.

The interest rates used for the calculation are those offered on insured purchases with less than a 20% down payment, on a 25-year amortization, as of October 23, 2026 and are subject to change. Canada’s policy rate is 2.25%, and nesto’s prime rate is 4.45%.

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Frequently Asked Questions (FAQ) About the Edmonton Housing Market in 2026

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Why Choose nesto

At nesto, our commission-free mortgage experts are salaried and regulated, with most licensed in multiple provinces. They are evaluated on client satisfaction and the quality of their advice, and they help you compare mortgage options and understand rates and qualification requirements. Once you’re ready to move forward, they work with you on a mortgage strategy that fits your situation.

nesto pairs expert advice with a 100% digital, transparent and seamless process, and a dedicated mortgage professional supports you throughout your purchase, renewal or refinance.

nesto is on a mission to offer a positive, empowering and transparent property financing experience – simplified from start to finish.

Contact our knowledgeable mortgage experts to find your best mortgage rate in Canada.

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