Alberta’s housing market is slowing, seen as a return toward more normalized, balanced conditions.
Edmonton had 21,337 starts in 2025 vs 18,334 in 2024; Calgary had 27,684 vs 24,396.
Despite <12% of Canada’s population, Alberta built almost a quarter of national starts last year.
Speculative single-family supply hasn’t been absorbed; Fay said prices could possibly ↓5% to 10%.
Rothrock said population growth should be just over 1% this year and 1% in 2027; demand should slow in 2H 2026.

Canada Condo Fees Buyers Should Know
Condo fees are monthly payments covering shared building costs, including maintenance, amenities, common services, and sometimes utilities, separate from mortgage
