Edmonton Housing Market Outlook 2026
Edmonton Market Report Summary 2026
- The average selling price of a home in Edmonton increased by 3.8% year-over-year to $408,600 in November 2025.
- The average selling price of a single-family home in Edmonton increased by 5.5% year-over-year to $490,400 in November 2025.
- The average selling price of a townhouse/multiplex in Edmonton increased by 4.4% year-over-year to $272,400 in November 2025.
- The average selling price of a condo in Edmonton increased by 1.9% year-over-year to $196,800 in November 2025.
- The average rent in Edmonton is now $1,616 for November 2025.
- December 18, 2025: Today’s lowest mortgage rate in Edmonton is
for a 5-year fixed.
Composite Home Prices
The average selling price of a home in Edmonton was $408,600 for the month of November 2025, that’s decreased by 1.3% compared to the previous month. On a year-over-year basis, Edmonton home prices have increased 3.8% over the last 12 months.
Single-family Home Prices
The average selling price of a single-family home in Edmonton was $490,400 for the month of November 2025, that’s decreased by 1.4% compared to the previous month. On a year-over-year basis, single-family home prices in Edmonton have increased by 5.5% over the last 12 months.
Townhouse and Multiplex Prices
The average selling price of a townhouse in Edmonton was $272,400 for the month of November 2025, that’s increased by 0.1% compared to the previous month. On a year-over-year basis, the price of a townhouse in Edmonton has increased by 4.4% over the last 12 months.
Condo Prices
The average selling price of a condo in Edmonton was $196,800 for the month of November 2025, that’s decreased by 1.2% compared to the previous month. On a year-over-year basis, the price of a condo in Edmonton has increased 1.9% over the last 12 months.
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Edmonton Housing Market Summary
Data from the Realtors Association of Edmonton (REA) indicates that the average price of resale residential homes sold across Edmonton in November 2025 was $408,600, and it increased of 3.8% compared to a year ago.
REA also reported a sales-to-new-listings ratio (SNLR) of 72%, indicating Sellers market conditions in Edmonton for November 2025.
Edmonton Sees Seasonal Slowdown With Resilient Pricing
According to the RAE, the Greater Edmonton Area entered a typical winter slowdown this November, with sales easing while prices held up YoY. A total of 1,654 homes sold during the month, down 19.7% from October and 13.5% compared to last November. New listings fell sharply, helping inventory pull back from October levels, though supply remains well above the previous year’s levels.
Edmonton Market Snapshot for November
- Residential home sales declined to 1,654, down 13.5% YoY
- New listings fell 27.9% MoM but remain 11% higher than last year
- Inventory decreased 10.6% from October, but is still 33.3% higher YoY
- Average sale price slipped 1.7% MoM to $447,005, up 2.7% from last year
- MLS HPI composite benchmark eased 1.3% MoM to $415,500, remaining 3.3% higher than November last year
Lower-Density Homes Continue to Support Prices
Detached and semi-detached homes remain the most resilient segments. Detached home prices averaged $553,746, down slightly from October but up 2.6% YoY, while semi-detached prices averaged $423,790, down modestly MoM but 5.5% higher than last year. Sales in these segments slowed seasonally, but pricing continues to reflect steady underlying demand.
Townhomes and Condos See Softer Activity
Row and townhouse prices averaged $289,605, down 2.5% from October and only marginally higher than last year. Apartment condominiums saw the sharpest slowdown in sales, though average prices rose 1.3% MoM and remain 2.5% higher YoY, reflecting affordability-driven demand even as inventory builds.
Month-over-Month Market Expectations for Edmonton
Transactions – Number of Sales
The number of sales in Edmonton was 1,654 during November 2025, that’s decreased by 19.7% compared to the previous month. On a year-over-year basis, sales in Edmonton have decreased by 13.9% over the last 12 months.
New Listings
The number of new listings in Edmonton was 2,285 during November 2025, that’s decreased by 30.9% compared to the previous month. On a year-over-year basis, new listings in Edmonton have increased by 8.1% over the last 12 months.
Real Estate Market
The sales-to-new-listings ratio (SNLR) in Edmonton was 72% during November 2025, indicating a Sellers. On a monthly basis, that’s increased by 16.1% compared to the previous month. Edmonton’s yearly sales to new listings ratio has decreased by 20.3% over the last 12 months.
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 Summary
The average rent in Edmonton was $1,616 for the month of November 2025.
The average rent for a 1-bedroom apartment in Edmonton was $1,289 for the month of November 2025, which decreased by 4.9% on a year-over-year basis.
The average rent for a 2-bedroom apartment in Edmonton was $1,636 for the month of November 2025, which decreased by 2.4% on a year-over-year basis.
How Does Renting Compare with Homeownership in Edmonton?
Each $100,000 in mortgage balance costs an average of $520.07 per month on nesto’s lowest fixed 5-year rate at
Rates used for calculation are those offered on insured purchases with less than a 20% downpayment on a 25-year amortization. Canada’s policy rate is 2.25%, and nesto’s prime rate is set to 4.45%.
Rental Price Changes by City
Rental Price Changes by Province
Rental Price Growth by Housing Type
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Frequently Asked Questions on Edmonton Housing Market Outlook for 2025
Will home prices in Edmonton rise in 2025?
Edmonton’s home prices are expected to increase slightly in 2025. Edmonton remains one of Canada’s most affordable larger housing markets, and steady population growth and declining mortgage rates will drive modest price gains.
Is Edmonton a good place to buy a home in 2025?
Edmonton is an attractive option for buyers seeking affordability and long-term investment opportunities. Its lower home prices than other major cities and new housing developments make it ideal for first-time homebuyers (FTHB) and investors.
How will mortgage rates impact Edmonton’s housing market?
Easing mortgage rates in 2025 will improve affordability in Edmonton, allowing buyers to secure more favourable financing. Combined with stable prices, this creates a good entry point for buyers.
Will housing affordability improve in Edmonton in 2025?
Edmonton remains one of the most affordable cities in Canada. Prices for single-family homes and condos stay well below the national average, attracting buyers seeking value.
What trends will influence Edmonton’s housing market?
Key trends include rising population, demand for single-family homes, and a steady supply of new housing, keeping the market balanced.
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