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The great question of 2026 is: What Can We Expect from the Edmonton Real Estate Market?

So far, it’s both a mixed bag and classic early spring market (more on that below). We have 35% more inventory on the market than a year ago, and about 16% fewer sales. More supply and less demand usually means dropping prices, and in a way that is what we have seen. Benchmark prices for all types of homes are down year over year, which also means that the price gains from last summer are gone.

You’d think that means that it would be easier to buy a home in 2026? Well, that’s not really the case.

Accurately priced, well staged, move-in ready homes are selling in bidding wars!

What gives? Well, two things:

1) The end of year market became saturated with properties that either needed work or price adjustments. What worked in spring 2025 didn’t work in fall 2025, including pricing.

2) Early spring market – Buyers are back out shopping, but sellers are still getting ready. If we’ve talked in the last 6 months, I’ll tell you that March can be a powerful time to be a seller (and a tricky time to be a buyer) in Edmonton, because our market just never has enough nice homes for sale this time of year.

My advice? Strategy matters more than ever. If you’re buying, a well positioned offer can get you the home of your dreams, even if you’re in a bidding war. If you’re selling, positioning – price and staging matter more than everything.

I’m here to help – if you’re ready now or even if you’re thinking of moving within the next year or two, strategy is my specialty and good planning begins early.

It feels like we have a big news story every day and it’s so hard to know what to do! Will AI crash? Will we see more tariffs, oil price crashes, etc.? Will Venezuelan oil replace Alberta oil? And last but not least, will the Alberta separation movement slow immigration to the province?

Do you move? Do you buy a hut in the forest somewhere?

In my real estate career, I’ve worked through many ups and downs – the 2007 boom, the ’08 US market crash, the 2014 oil crash, Covid, and now tariffs and uncertainty.

There’s one truth:

No matter the market, people need to move.

The most important thing we can do is: keep living! After that? be realistic, stay positive, and solution-focused.

Each time the market “crashed” in 2008, 2015 and 2020, many realtors blamed the market – “it’s just slow”… and their listings sat, expired, and sellers would stay focused on their “break even” number, forgetting that the property they were about to buy also dropped in price.

The worst part is they would stay stuck… in the wrong house, with the wrong renters, needing more space, more liquid cash, or to downsize.

The solution? Proven experience, data-driven decisions, and smart strategy that just doesn’t give up! And that’s where I come in.

It takes guts to have the reality check conversations with sellers, but the best part? The relief and thank you at the end.

My guess is the market will actually be quite balanced in 2026: our prices are still affordable, buyers need to buy, and sellers need to sell. Well-priced, well positioned homes will still sell.

The biggest prediction I have is that homes that need work – homes with old shingles, anything broken, and especially those with that dirty, run-down feel, will need to discount more than ever. And homes that are polished, staged, and well presented? They’ll be more in demand than ever!

**Not written by AI please excuse any grammar or spelling!

Thinking of Selling in 2026?

Here Are the 5 Secrets to a Successful Spring Sale

If a 2026 move is on your mind, here’s a little insider tip: early spring is one of the best times to sell in Edmonton. Inventory is typically lower, buyers are out early, and demand rises fast, which can all work in your favour if you’re prepared!

Here are the 5 secrets to making the most of Edmonton’s spring market:

1. Start Planning Much Earlier Than You Think

The best spring sales are mapped out months in advance. A quick early conversation with me helps us build a custom plan for timing, pricing, and prep… long before the rush begins.

2. Use Winter to Your Advantage

Winter is the perfect time to handle repairs, updates, and pre-listing tasks quietly in the background. When spring arrives, you’ll be ready to shine while others are still scrambling.

3. Focus on High-Impact Updates

Strategic tweaks like paint, lighting, curb appeal refreshes, and small kitchen or bath improvements can have a big return in a competitive market.

4. Declutter and Pre-Pack

Think of this as your “future you” gift. Clearing space room-by-room now makes your home show beautifully and makes moving later a million times easier.

5. Loop Me In at the Beginning of Your Thought Process

The biggest mistake sellers make? Waiting until they’re “ready.” The earlier you reach out, even if you’re just considering it, the more I can help you save time, avoid unnecessary projects, and position your home for a standout spring launch.

Our office has some Free baseball tickets left if you and your family would like to attend the

Edmonton Riverhawks – Star Wars Night….

Friday July 18^th 7:05pm

RE/MAX Field

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Every day I am asked how tariffs will affect the Edmonton real estate market. I am a big news and economics nerd, so I’ve been diving daily into research on this topic!

I have worked through three major market shifts in Edmonton – the US market crash in 2008, the oil price crash in 2014, and covid, and learned during each of them how to have successful sellers and buyers!

While I don’t actually know what will happen, I have a few key thoughts that should help you make decisions in 2025 and beyond:

1) Housing Prices Tend to Go Up Quickly and Down Slowly (AKA Don’t Panic!) Housing tends to react slowly to bad news (and quickly to good news – something called the “ratchet effect” if you want to learn more on it). Even when condos had a 5% chance of selling – you read that right – when only 1 in 20 listed condos in Edmonton were selling, prices only dropped 3-5% per year. And in those times, I sold a LOT of condos. So IF prices drop, it is unlikely that they will happen quickly.

2) We Still Don’t Have Enough Homes In 2024, we had 18,384 new units built in Edmonton but we saw 73,000 new people move to Edmonton (1) . Unless you put 4 new people into each new home including 1-2 bedroom condos (which is unlikely!), we are still short on inventory. When prices dropped / stayed flat from 2007 to 2019 in Edmonton, that was mostly due to an oversupply of inventory. Which leads me to…

3) Prices Could Actually Increase While early predictions when the covid-19 pandemic hit were that prices would decrease, they actually climbed to record levels. Building Costs soared due to supply chain issues, there was a housing shortage, and interest rates were slashed (more on that in my next point), so prices soared. Edmonton’s homes are still some of the most affordable in the country, and it’s likely we will continue to see migration from other provinces if only for cheaper housing.

4) Interest Rates Will Likely Drop According to my favourite economist Benjamin Tal, Bad News = Good News (2), ie, bad news for economies = good news for interest rates, so the government is likely to continue dropping interest rates. As the economy becomes less stable, we’ll likely see more people put their money in bonds, and fixed rates should also drop (that is something I don’t love predicting though as it gets complicated!). Remember that while most real estate buyers are buying homes, what they’re really basing their decisions on is their payments. So lower payments = more affordability, which means prices can increase (this is part of what fuelled the super increase in prices during covid).

And finally…

5) You Have to Live Somewhere The reality is that you’re either renting, paying a landlord’s mortgage, expenses, and taxes, OR you own your own home. Edmonton’s rent has increased at one of the highest rates in the country (one bedroom rents went up 16% in 2024 alone – 3). So whatever happens to prices will happen across the board.

My final thoughts are on action that you CAN take in this environment, and these are always good things to do:

• Have back-up savings. Especially if you are in an industry where layoffs are possible, make sure you save extra money just in case.
• Take action. Money talks, so support local businesses and shop Canadian.
• Get involved. Now is the time to write letters, make phone calls, and ensure our elected officials know how much we value our country and our economy.

Thinking about buying a home in Edmonton in 2025? 🏡 It’s never too early to get started.

With prices expected to increase between 4-12% by April, the homes you’re considering today may not be the same price in just a few months. 📈

The earlier you get things figured out, the better positioned you’ll be to secure your dream home at the right price.

Here’s how to set yourself up for success:

1️⃣ Get pre-approved – Know your budget and the financing options available to you.

2️⃣ Work with experienced realtors – Partner with professionals who have a proven track record to guide you through the process.

Let’s get a head start on your home-buying journey!

When you’re ready, we’re here to help.