Greater Edmonton Area reported 1,151 home sales in January 2026, down 27.6% year-over-year.
New listings surged 84.2% month-over-month to 2,518, raising inventory 32.7% above last January.
Average selling price fell 1.4% from December to $448,761, 2.5% higher than January 2025.
City of Edmonton recorded 791 sales, down 33% year-over-year, with 1,799 new listings.
Homes averaged 59 days on market, giving buyers more choice and negotiating power in 2026.
What’s Next for Canada’s Housing Market?
Canada’s housing market is still soft in mid-2026, with weak sales, cautious buyers, and affordability challenges keeping overall activity subdued.
