Edmonton also ranks among Canada’s top cities for new home construction, with 63 starts per 10,000 residents in early 2025.
The city’s growing population and rental demand are driving most new developments.
Construction costs and rising labor expenses are contributing to higher housing prices despite the increase in builds.
Rezoning policies have aimed to boost density but remain controversial among residents and developers.
Overall, home prices in Edmonton are expected to stabilize, with growth slowing slightly but not causing major declines.
Real estate market expected to pick up in spring
Edmonton's spring real estate market shows cooler activity with a nearly 12% drop in resales year over year and a
