Alberta's residential housing market is slowing, returning to more normalized levels after record housing starts in 2025. Population growth is expected to slow, reducing housing demand in late 2026. Prices may drop 5-10% as speculative builds are absorbed. Economic growth is forecast at 1.7% in 2026, improving in 2027, supported by strong energy production. Despite challenges, Alberta remains an attractive, affordable place to live with ongoing housing demand.
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