Edmonton Real Estate Advice and News

5 Questions Edmonton Buyers and Sellers Keep Typing Into Google or Chat GPT Right Now

Thu, 20 Aug 2026 17:50:01 GMT

The top 5 questions Edmonton and area home buyers and sellers are typing into Google and AI search tools right now, answered with real August 2026 market numbers by Mary Bark and David Szusz.

The Edmonton and Area Summer Bucket List You Still Have Time to Finish

Fri, 14 Aug 2026 19:31:46 GMT

Edmonton and Area still has one of its busiest stretches of the year ahead, with a stadium rock show, a multi day dragon festival, a downtown pride celebration, and the final week of the Fringe all landing before Labour Day. Whether you're drawn to live music, theatre, or a free Saturday afternoon downtown, here's what's still to come this summer.

Festivals

The Edmonton International Fringe Festival, North America's largest and longest running fringe theatre festival, runs through August 23 in Old Strathcona, filling the neighbourhood with hundreds of performances across theatre, comedy, and experimental art. The Edmonton Dragon Festival takes over from August 21 to 26, with dragon boat races returning to Louise McKinney Riverfront Park, the Canadian National Lion Dance Championships in Chinatown's Kinistinâw Park, guided food tours through Taste of Chinatown, and the closing Dragon Ball Gala. Pride Festival runs August 21 to 23 at Fan Park in ICE District and Churchill Square, an all ages, free to attend celebration with live music and performers. And the Edmonton Mural Festival wraps the season in late August and September, turning walls across the city into an open air gallery with hands on art experiences and a closing party.

Concerts

Guns N' Roses brings their World Tour to Commonwealth Stadium on August 26, the biggest remaining stadium show of the summer. Boots and Hearts West makes its debut at Fan Park on August 28 and 29, headlined by Russell Dickerson and Shaboozey, closing out the month with a country music finale. On a smaller scale, the 124 Street Afternoon Sound Sessions bring live music to the street every Saturday in August, and Christ Church Anglican hosts free, intimate concerts on its grounds every Wednesday evening, worth pairing with a walk over to Kind for ice cream afterward.

Arts and theatre

Fringe is the main event for theatre lovers this month, but it's worth building a night around more than one show since venues sit within walking distance of each other through Old Strathcona. The Edmonton Mural Festival is the pick for anyone who prefers to browse rather than sit in a seat, with new large scale murals appearing across the city and guided experiences built around them. For something smaller, Nightbird Alley continues to bring a rotating lineup of local musicians and artists together under the stars.

Family and free

The Rice Howard Way Summer Block Party runs every Saturday through September 19, with live music, local vendors, and family friendly programming downtown at no cost. The Winds of Unity Multicultural Kite Festival brings a colourful, community focused afternoon for all ages, and SPRBA's free community movie night returns August 22 at RioCan Mayfield Common with a double feature and no registration required. The Edmonton Valley Zoo's Zoobrew and ongoing evening programming are worth checking for families looking for something outdoorsy that isn't just a park.

Frequently Asked

What are the biggest events left in Edmonton this summer?
Guns N' Roses at Commonwealth Stadium on August 26 and Boots and Hearts West on August 28 and 29 are the two largest remaining concerts of the summer. The Edmonton Dragon Festival, running August 21 to 26 with dragon boat races and the Canadian National Lion Dance Championships, and Pride Festival, running August 21 to 23 in Churchill Square, are the biggest multi day festivals still to come.

Is the Edmonton Fringe Festival still on?
Yes. The Edmonton International Fringe Festival, North America's largest and longest running fringe theatre festival, runs through August 23 in Old Strathcona, with hundreds of live performances across theatre, comedy, and experimental art.

What free events are happening in Edmonton for the rest of summer?
The Rice Howard Way Summer Block Party runs every Saturday through September 19 with live music and local vendors at no cost. The 124 Street Afternoon Sound Sessions run Saturdays in August, and Christ Church Anglican hosts free concerts on its grounds every Wednesday in August. Pride Festival is also free to attend.

What arts and theatre events are on in Edmonton this summer?
The Edmonton International Fringe Festival runs through August 23 with hundreds of theatre and comedy performances in Old Strathcona. The Edmonton Mural Festival takes over the city with large scale outdoor murals and hands on art experiences in late August and September, with a closing party to wrap the season.

A city that shows up for summer

Weeks like the one ahead are a good reminder of why so many people fall for Edmonton and Area once they actually live here. Mary Bark and David Szusz work across Edmonton, Sherwood Park, St. Albert, Leduc, Beaumont, and the surrounding rural counties, and both know this city's rhythm firsthand, including what it's like to relocate here and build a life around summers like this one.

Thinking about where in Edmonton and Area you'd want to be for summers like this one? Let's talk about which neighbourhood fits your life.

780 905 6255 · thereteam.ca

Moving from Ontario to Edmonton: The Complete 2026 Guide

Tue, 11 Aug 2026 21:48:40 GMT

Moving from Ontario to Edmonton in 2026? See the real tax, housing, and cost of living gap, plus answers from Mary Bark and David Szusz, who made the move themselves.

Edmonton's Housing Market Just Handed Buyers the Upper Hand — Here's What That Means For You

Mon, 10 Aug 2026 22:12:38 GMT

Your weekly Edmonton real estate pulse-check — August 10, 2026

If you've been sitting on the fence about buying, selling, or investing in Edmonton, this is the week to pay attention. The city's real estate market just tilted in a new direction, and whether that's good news or a "hmm, let's think about this" news depends entirely on which side of the transaction you're on. Grab a coffee (a Timmies double-double, obviously) — let's break down what's actually happening in the Edmonton real estate market right now.

The Big Picture: Edmonton Is Becoming a Buyer's Market

For the first time in a while, Edmonton homebuyers have real breathing room. July 2026 numbers show:

2,535 residential sales — down 11.4% from July 2025
Average sale price: $475,079 — down 1.8% from June, but still up 2.6% year-over-year
Inventory: 8,135 units — up a hefty 15.2% compared to this time last year

Translation: more homes to choose from, less competition at the offer table, and sellers who are increasingly willing to negotiate. After years of Edmonton being described as one of the last "affordable" big markets in Canada, that reputation is holding — but the balance of power at the negotiating table is shifting toward buyers.

What This Means If You're Buying

This is the kind of market where patience pays. With 15% more inventory than last year, you're no longer forced into a bidding war just to get a showing. A few tips for right now:

Don't rush the first weekend. With more listings sitting slightly longer, you have room to compare, negotiate, and even ask for conditions (financing, inspection) that were nearly impossible to get in 2022–2023.
Watch condos closely. The average condo price sits at $214,521, down 2.1% month-over-month but still up 2.3% year-over-year — a segment worth digging into for value.
Mortgage rates are holding steady. The Bank of Canada rate has stayed at 2.25% since October 2025, with prime sitting at 4.45%. Variable rates are running roughly 4–5%, and most economists expect the Bank to hold through the rest of 2026. Translation: no urgent rush to "beat a rate hike," but locking in a pre-approval now still protects you if bond yields push fixed rates up slightly later this year.

What This Means If You're Selling

Rising inventory means your home is no longer competing against five other listings — it's competing against 15,000+. That doesn't mean it's a bad time to sell (prices are still up year-over-year), but it does mean presentation and pricing strategy matter more than they did two years ago. Homes priced realistically from day one are selling faster and closer to asking than those that get "tested" at an aspirational price and sit.

Single-family homes are holding up best, with benchmark prices at $528,100 (+0.7% year-over-year) — a sign that well-maintained, move-in-ready homes in desirable pockets are still commanding attention.

Neighbourhoods to Watch

Buyers are gravitating toward a few standout areas this season:

Wihkwentowin (formerly Oliver) — downtown-adjacent, walkable, and increasingly popular with young professionals
Castle Downs — north side value with strong access to amenities and transit
Chappelle — southwest family-friendly appeal with new housing stock and schools

What This Means If You're Investing

Edmonton continues to punch above its weight for cash-flowing rental property, and this week's data backs it up:

Rental vacancy is expected to stabilize in the 3.2%–4.2% range
Rent growth is projected at a healthy, sustainable 3–5%
Rental yields in some segments are reaching up to 6.7% — a number that makes investors in Vancouver and Toronto do a double-take
Multi-unit infill (think 6–10 unit rowhouse-style buildings) is attracting serious investor attention, with many buyers leaning on CMHC's MLI Select program to improve financing terms

With average home prices still well under half a million dollars, Edmonton remains one of the most accessible entry points for real estate investors in Canada — and rising inventory means more negotiating room to find a deal that actually pencils out.

The Bottom Line

Edmonton's market isn't crashing and it isn't overheating — it's rebalancing. Buyers are gaining leverage, sellers still have year-over-year price growth on their side, and investors are finding some of the best cash-flow fundamentals in the country. Whatever seat you're in at the table, the smartest move right now is the same one it always is: know your numbers, and work with someone who's watching this market every single week.

Thinking about buying, selling, or investing in Edmonton? Let's talk about how this week's numbers apply to your specific situation — reach out anytime.

Sources: Edmonton Regional Metro Association / WOWA Edmonton Housing Market Report (July 2026), Bank of Canada policy rate data (August 2026), and current Edmonton rental market outlook reporting.

July 2026 Edmonton and Area Market Update: The Summer Slowdown Is Here

Wed, 05 Aug 2026 17:56:24 GMT

The Greater Edmonton Area real estate market recorded 2,535 residential sales in July 2026, down 7.6 percent from June and 11.0 percent from July 2025. Spring's momentum is gone. Here's what the numbers say and what to do about it.

The headline numbers

Sales dropped. 2,535 sales in July, the slowest month since spring took off. RAE Board Chair Darlene Reid put it plainly: decreased sales, softening prices, and longer days on market all point to demand subsiding for the summer.

Inventory is way up. 4,258 new listings in July. Total inventory hit 8,142 properties, up 17.9 percent from a year ago. That's 3.2 months of supply regionally, real breathing room for buyers.

Prices dipped, but sellers still get close to asking. Average price: $475,079, down 1.8 percent from June, still up 2.6 percent year over year. Median: $447,000. Sale to list ratio held at 98 percent, so priced right still means priced close to what you'll actually get. The HPI benchmark, the number that matters most for tracking real value, sat at $429,100, flat year over year.

Homes are sitting longer. 39 days on market on average, up three days from June and six from last July.

The year so far tells the real story. 15,178 sales year to date, down from 17,249 at this point in 2025, while new listings are running slightly ahead. Fewer sales, more listings. That's the whole market shift in one sentence.

By property type

Property type	Average price	Benchmark price	Month over month	Year over year	Days on market
Detached	$585,726	$527,000	down 1.3%	up 1.2%	35
Semi-detached	$425,329	—	down 2.1%	down 1.0%	39
Row/townhome	$292,756	$274,100	down 3.5%	down 1.3%	40
Apartment condo	$214,521	$200,400	down 2.1%	up 2.3%	55

Detached is still king. 1,544 sales in July, the only property type with a year over year benchmark gain, and homes closing at a tight 99 percent sale to list ratio. Condos are the soft spot: sales down 21.3 percent year over year and the longest days on market at 55, though prices there are still up 2.3 percent, proof that well priced units are still moving.

City versus region: not the same market

The City of Edmonton is cooling faster than the region around it. 1,684 sales in July, down 12.8 percent year over year, a steeper drop than the regional 11.0 percent. Inventory sits at 3.7 months of supply, looser than the region's 3.2. Days on market average 42 in the city versus 39 regionally. If you're deciding between city and outlying communities, that gap is worth knowing before you set a price or make an offer.

The surrounding communities, quickly

Sherwood Park: 110 detached sales averaging $598,395, condos at $314,918, over $84 million in total sales volume, the strongest of the surrounding communities.
St. Albert: highest detached average of the group at $650,261 on 94 sales.
Beaumont: 46 sales averaging $545,523, punching close to the bigger communities.
Leduc: 59 detached sales averaging $513,443.
Spruce Grove: detached average $521,198.
Stony Plain: blended residential average $440,077.
Fort Saskatchewan: 48 detached sales averaging $539,177.
Morinville and Devon: the affordable end at $427,507 and $477,600.

Price alone won't tell you where to buy or list. Days on market and sale to list ratios shift by community, and that's where local knowledge pays off.

What to actually do with this

Selling? Price it for the market you're in, not the one from May. Inventory is up almost 18 percent regionally and homes are sitting longer. Correctly priced listings are still closing near asking. Overpriced ones are the ones adding to that inventory pile.

Buying? This is your window. More choice, less competition, and a small price pullback all favour buyers ready to move now.

Reid expects a modest rebound through fall, but not a return to spring's volume. The next few months are worth watching closely either way.

Let's talk numbers

Mary Bark and David Szusz track this market down to the community level every month. Whether you're listing this fall or waiting for the right entry point, get a read on where things actually stand.

Mary Bark and David Szusz The Real Estate Team, RE/MAX River City 780 905 6255 | thereteam.ca

Source: REALTORS® Association of Edmonton, Monthly Market Statistics and 5 Year Residential Activity Report, July 2026.

First Time Buyers Have More Free Money on the Table in 2026 Than Almost Anyone Realizes

Tue, 28 Jul 2026 18:36:05 GMT

First time home buyers in Canada can now stack the FHSA, a larger RRSP Home Buyers' Plan, a federal tax credit, and a new GST rebate on new construction. Here is what is actually active in 2026 and how Edmonton buyers can use it.

Market Insight · The Real Estate Team

Mon, 27 Jul 2026 20:38:23 GMT

Current Edmonton market conditions, mortgage rate trends and new construction incentives compared to resale, answered by Mary Bark and David Szusz, The Real Estate Team, RE/MAX River City.

Edmonton's Housing Market Just Flipped, and Most Sellers Haven't Noticed Yet

Wed, 22 Jul 2026 22:38:06 GMT

Edmonton's benchmark home price dipped again in June 2026 while inventory jumped 22 percent, a signal that the seller's market of the past two years is loosening. Here is what buyers, sellers, and investors need to know now.

Edmonton Just Changed the Infill Rules Again, Here’s What It Means for Your Property Value

Wed, 22 Jul 2026 14:29:33 GMT

Edmonton City Council approved new infill height limits and design rules for mature neighbourhoods, effective August 1, 2026. Here is what homeowners, buyers, and investors in established areas need to know to protect their property value.

Edmonton Market Update: What to Know Before Wednesday's Rate Announcement

Fri, 10 Jul 2026 16:42:49 GMT

The Bank of Canada makes its next interest rate decision this Wednesday, July 15, and most signals point to another hold rather than a change. Here is where the Edmonton market actually stands right now, and what a hold, or a surprise move, would mean for anyone buying or selling in the coming weeks.

Where Edmonton's market stands right now

June was a busy month across Greater Edmonton. The Realtors Association of Edmonton reported 2,746 sales, up 7.5 percent from May, though still down 4.1 percent compared to June last year. New listings came in at 4,475, and overall inventory climbed 22.2 percent year over year, giving buyers noticeably more selection than they had a year ago.

The average selling price across all property types was $483,600, down 1.6 percent from May's peak but still up about 4 percent from June 2025. The Home Price Index benchmark, which strips out the effect of a few high end sales skewing the average, sat at $431,300, essentially flat month over month and down slightly from a year ago. That gap between the average and the benchmark is worth understanding, since it means the headline price you see in the news is being pulled up by strong activity at the higher end of the detached market, not by broad based price growth across every segment.

Homes are taking an average of 36 days to sell, unchanged from May and about five days longer than this time last year. Detached homes remain the strongest performer, averaging just under $593,000 and continuing to move quickly when priced well. Condos had an unusually strong month, up over 6 percent from May, while townhomes softened slightly. Taken together, this is a market economists are calling balanced, with neither buyers nor sellers holding a clear advantage, though conditions differ meaningfully depending on property type and price point.

What is expected from Wednesday's announcement

The Bank of Canada has held its policy rate at 2.25 percent for five consecutive decisions, with the prime rate sitting at 4.45 percent. Heading into Wednesday, bond markets are pricing in a high probability of another hold, with only a small chance of a rate increase and an even smaller chance of a cut. The Bank has been balancing two competing pressures, elevated inflation driven by higher energy prices and ongoing trade uncertainty on one side, and softer economic growth on the other. That combination is exactly why most forecasters expect the Bank to sit still again this month rather than move in either direction.

None of this is a guarantee. Rate decisions depend on data that can shift in the days leading up to the announcement, and the only way to know for certain is to watch Wednesday's release directly.

What this means if you are buying or selling

If the rate holds as expected, very little changes overnight for most buyers and sellers, and that is actually useful information in itself. A stable rate environment means the current window, more inventory than a year ago, prices that have leveled off from the spring peak, and financing costs that are not moving significantly, is a reasonably predictable one to plan around rather than one where waiting is likely to produce a meaningfully different outcome.

For buyers, this is a market where being prepared and pre approved matters more than trying to time the announcement itself, since well priced detached homes are still moving in about a month or less. For sellers, the wider gap between inventory this year and last year means pricing and presentation carry more weight than they did during tighter markets, since buyers simply have more to compare against.

If a surprise move does happen Wednesday, whether a hike or a cut, we will be watching it closely and can walk you through exactly what it means for your specific situation, whether that is a variable rate mortgage, an upcoming renewal, or a purchase you are timing around financing.

Wondering how this week's announcement, or the current Edmonton numbers, affects your specific plans to buy or sell in Edmonton, Sherwood Park, St. Albert, Leduc, Beaumont, or the surrounding county areas? Reach out to Mary Bark and David Szusz with The Real Estate Team at RE/MAX River City. We would love to help you make sense of where things stand.

Mary Bark and David Szusz, REALTORS® with RE/MAX River City 780.905.6255 · thereteam.ca

New Home Warranty in Alberta: What Every New Build Owner Needs to Know

Mon, 06 Jul 2026 18:55:15 GMT

Every new home built in Alberta since February 2014 comes with mandatory warranty coverage under the New Home Buyer Protection Act, and understanding what that coverage actually includes is one of the most useful things a new build buyer can do before taking possession. Coverage runs on four separate timelines, one year for materials and labour, two years for delivery systems, five years for the building envelope, and ten years for major structural components.

What does the warranty actually cover

The first year covers defects in construction materials and workmanship, things like flooring, baseboards, cabinets, trim, and interior finishes. Some settling and minor shifting is normal during this period as the home adjusts to the land, so not everything you notice will qualify as a defect. Years one and two extend to the delivery and distribution systems, meaning electrical wiring, plumbing, and heating and ventilation. The building envelope, which is the roof, exterior walls, and everything that separates the inside of your home from the outside, carries five years of coverage against water penetration and shell failures. Major structural components, including the foundation and load bearing framing, carry the longest protection at ten years.

How much coverage do you actually get

The minimum mandatory coverage limit is $265,000 for a single family home and $130,000 for a unit in a condominium or multi family building, based on the average cost to rebuild the structure itself, not including land, contents, or landscaping. Multi family projects also carry up to $3.3 million in coverage for common property such as elevators, lobbies, and stairwells. Some builders choose to purchase extended envelope coverage beyond the minimum five years, so it is worth asking your builder directly what they carry beyond the legislated minimum.

What happens if you find a deficiency after moving in

Document it as soon as you notice it. Photograph the issue, note the date, and report it to your builder and warranty provider promptly, since delaying a report can complicate or weaken a claim later on. Most builders schedule a formal walkthrough with new owners near the end of the first year specifically to catch and log these items before that window closes, so keeping your own running list in the meantime means nothing gets missed when that walkthrough happens.

Does the warranty transfer if you sell your new build

Yes. The statutory warranty is attached to the property itself rather than to the original owner, so if you sell within the coverage period, the remaining balance of the warranty transfers automatically to the new buyer. The new owner does need to notify the warranty provider directly to have the transfer recorded in their name, which is a detail worth flagging to any buyer purchasing a newer build from you.

What is typically excluded

Appliances, normal wear and tear, natural shrinkage of building materials, and damage from acts of nature, pests, or fire generally fall outside standard coverage. Surface cracking or pitting on driveways and walkways from road salt or weather exposure is usually considered normal wear rather than a structural issue. Reading your specific warranty agreement in full, rather than relying on the general legislated minimums, is the only way to know exactly what your provider does and does not cover.

With a background in new home sales and construction, this is an area where I can walk you through what to expect at each stage, from your pre possession walkthrough through your one year deficiency inspection, so nothing gets missed before a coverage window closes.

Mary Bark and David Szusz, REALTORS® with RE/MAX River City 780.905.6255 · thereteam.ca

Buying and Selling a Home at the Same Time in Edmonton: What You Need to Know

Mon, 06 Jul 2026 18:40:56 GMT

Buying a new home before your current one sells is manageable in Edmonton, Sherwood Park, St. Albert, and the surrounding area, and there is more than one way to make it work. Bridge financing is the tool most people hear about first, but it is not the only one, and it is not the right fit for every situation. What actually matters is building a timing plan around your specific circumstances, and that is where having an experienced team behind you makes the difference between a stressful move and a smooth one.

Why a timing plan matters more than any single tool

Every client's situation is different. Some people need their sale to close before they can even think about buying. Others have found their next home already and need flexibility on the other end. Some are relocating from out of province and juggling a sale happening in a completely different market. Before we talk financing options at all, Mary Bark and David Szusz sit down with clients to map out what actually needs to happen and in what order, so the strategy fits the client rather than forcing the client to fit the strategy.

What is bridge financing and when does it make sense

Bridge financing is a short term loan that covers the gap between the closing date on your new purchase and the closing date on your current home's sale. Your lawyer and lender handle it behind the scenes, and once your existing home closes, the sale proceeds repay the loan automatically. Most bridge loans in Alberta run 30 to 90 days, and the main requirement is a firm, unconditional sale on your current home. It works well for a lot of people, but it is not always feasible, and that is completely fine. It is one tool in the toolbox, not the whole toolbox.

What if bridge financing is not the right fit

This is where having options actually matters. Depending on your situation, we may build in a longer possession period on your new purchase so your sale has more time to close first. We may negotiate a rent back arrangement where you stay in your current home a short time after closing so the two transactions do not need to overlap at all. We may time your listing to hit the market a few weeks ahead of your search so an offer is already firm by the time you are ready to write on something. Every one of these approaches solves the same underlying problem in a different way, and the right one depends entirely on your finances, your timeline, and what you are comfortable with.

What this looks like in practice

Rather than starting with a financing product and working backward, we start by understanding what you actually need. Do you need to be out of your current home by a certain date. Are you flexible on possession. Is there a specific home or area you cannot afford to miss out on if it comes up. Once we understand the real constraints, we build a plan around them, and only then do we bring in a mortgage broker to confirm the numbers work for whichever approach fits best. That might mean bridge financing, it might mean a rent back, it might mean simply sequencing your listing and your search differently. The goal is always the same, a plan that feels manageable rather than one that leaves you guessing.

What you should do first

Talk to us before you list or before you start seriously shopping. Knowing what your timeline can realistically look like changes how we structure everything from your listing strategy to your offer conditions, and it means far fewer surprises along the way.

If you are thinking about making a move in Edmonton, Sherwood Park, St. Albert, Leduc, Beaumont, or the surrounding county areas, and you are wondering how buying and selling at the same time would actually work for you, reach out. Mary Bark and David Szusz with The Real Estate Team at RE/MAX River City walk clients through exactly this kind of planning regularly, and every plan starts with your specific needs, not a one size fits all approach.

Mary Bark and David Szusz, REALTORS® with RE/MAX River City 780.905.6255 · thereteam.ca

Edmonton Real Estate Pulse: What Every Buyer, Seller and Investor Needs to Know This Summer

Tue, 30 Jun 2026 20:42:48 GMT

Published: June 30, 2026 | The Real Estate Team | thereteam.ca

Summer is officially here in Edmonton, and the real estate market is shifting, heating up in some areas while cooling in others. Whether you are thinking about buying your first home, listing your property, or growing your investment portfolio, this update covers what matters right now.

The Big Picture: Edmonton's Market Is Balanced, and That's Good News

Edmonton has moved into balanced market territory. Things feel different than the frenzied pace of last year, and depending on which side of the transaction you're on, that's something to be glad about.

Here is the snapshot for May and June 2026:

Average sale price: approximately $491,794, up 6.3 percent year over year
MLS® Benchmark price: $416,800, a more conservative measure that controls for home mix
Active inventory: up approximately 20 percent from a year ago
Months of supply: 3.07 months
Average days on market for well priced detached homes: 33 days or less
Sales to new listings ratio: approximately 53 percent, classic balanced territory

Neither buyers nor sellers hold a dramatic advantage right now, which means deals can get done fairly on both sides.

For Sellers: Your First Two Weeks Are Everything

If you are thinking about listing this summer, here is the most important thing to know, the first 10 to 14 days on market are your golden window.

That's when your home gets the most eyes, the most showings, and the most competitive offers. Price it right from day one, invest in great photography, and make sure your online presence is dialed in. If buyers scroll past you in week one, getting them back is an uphill battle.

A few tips for Edmonton sellers right now:

Price with data, not emotion. With inventory up 20 percent year over year, overpriced homes are sitting. Buyers have options, but a well priced home in the right area is still moving in under 33 days.
Staging sells. With more competition on the market, presentation matters more than ever. Homes that show beautifully are still generating strong interest.
Don't wait for next spring. Summer buyers are motivated, with real deadlines like school enrolment, job starts, and lease ends. List now and catch them while they're actively searching.

For Buyers: The Condo Market Just Got Interesting

Apartment condo benchmark prices have dropped to $201,900, down 9.3 percent from a year ago. That's a significant dip, and with inventory sitting high in that segment, buyers have real negotiating power. If you have been on the fence, the condo segment right now represents genuine value, especially for first time buyers looking to build equity without stretching the budget.

What's working in buyers' favour:

Rates have stabilized. The Bank of Canada held its overnight rate at 2.25 percent on June 10, 2026. The prime rate sits at 4.45 percent. Best 5 year variable rates are hovering around 3.35 percent, and the best 5 year fixed is approximately 4.04 percent. Today's rates already reflect the current monetary policy environment, so waiting for a drop has largely stopped paying off.
More choices. With 20 percent more inventory than last year, you're not forced into desperate bidding situations. Take your time, do your due diligence, and negotiate.
Edmonton remains one of Canada's most affordable major cities. Compared to Calgary, Vancouver, or Toronto, your dollar goes significantly further here, which is a key reason Edmonton's demand stays resilient.

For Investors: Where the Smart Money Is Looking

Edmonton's investment landscape is evolving, and the opportunities are real if you know where to look.

Detached over condos for appreciation. With condo prices declining, detached single family homes remain the stronger play for investors seeking long term appreciation. Well located infill lots and mature neighbourhood homes continue to hold value.

University neighbourhoods for rental yield. Areas like Garneau, Strathcona, and Ritchie continue to deliver strong rental yields. Proximity to the University of Alberta creates consistent demand from students, faculty, and young professionals.

The Valley Line West LRT, get ahead of it. The extension is projected to wrap up construction in 2028. Properties within walking distance of future stations tend to see price appreciation in the years leading up to and following a transit opening. This is roughly a two year window to get in before that surge.

Infill incentives. Edmonton's city infill development programs continue to create attractive redevelopment opportunities in mature communities, worth exploring for investors with renovation or development experience.

The Verdict: Has the Market Peaked for 2026?

Several analysts suggest Edmonton's market may have hit its high water mark for the year. Inventory is growing, sales are down year over year, and the frenzy of early spring has cooled. But peaked doesn't mean crashed. A balanced market with strong employment fundamentals and relative affordability doesn't fall off a cliff.

What it does mean is that this is a window of opportunity, for buyers to get in without the panic of a seller's market, for sellers to act decisively before conditions soften further, and for investors to pick up assets at reasonable prices before the next growth cycle begins.

Edmonton continues to punch above its weight as one of Canada's most resilient real estate markets. The fundamentals are strong, the deals are there, and you just need the right guide to find them.

Ready to Make Your Move?

Whether you're buying, selling, or investing in the Edmonton area, Mary Bark and David Szusz of The Real Estate Team are here to help you navigate it with confidence.

Call or text The Real Estate Team today 780 905 6255 · thereteam.ca

Market statistics sourced from REALTORS® Association of Edmonton (RAE), WOWA.ca, and CMHC, June 2026. This blog is for informational purposes. For personalized real estate advice, contact Mary Bark and David Szusz of The Real Estate Team at thereteam.ca.

Frequently Asked Edmonton Real Estate Questions

Mon, 29 Jun 2026 17:24:01 GMT

The Real Estate Team, Mary Bark and David Szusz, RE/MAX River City

About The Real Estate Team

Who are Mary Bark and David Szusz?

Mary Bark and David Szusz are REALTORS® with RE/MAX River City who work together as The Real Estate Team, serving Edmonton and the surrounding region. Mary brings a background in new home sales and construction, and both Mary and David relocated to the Edmonton area themselves, Mary from Ontario in 2014 and David from Ontario in 2021, which gives them firsthand experience helping other relocating families settle in.

What areas does The Real Estate Team serve?

The Real Estate Team serves all of Edmonton, Sherwood Park, St. Albert, Leduc, Beaumont, and the rural areas of Strathcona County, Sturgeon County, and Parkland County. Whether a client is looking in the city core or a rural acreage outside Edmonton, the team covers the full region.

Is The Real Estate Team part of RE/MAX?

Yes. Mary Bark and David Szusz are REALTORS® with RE/MAX River City, and The Real Estate Team operates under that brokerage. RE/MAX River City handles all regulated brokerage compliance for the team's transactions.

How do I contact The Real Estate Team?

You can reach The Real Estate Team at 780 905 6255 or through thereteam.ca. Mary can be reached directly at mary@thereteam.ca and David at david@thereteam.ca.

Relocating to Edmonton

Does The Real Estate Team specialize in relocation?

Yes. Relocation is a core focus for The Real Estate Team. Both Mary Bark and David Szusz moved to the Edmonton area from Ontario themselves, Mary in 2014 and David in 2021, so they understand what it feels like to buy a home in an unfamiliar city and can guide out of province buyers through the process from a personal point of view, not just a professional one.

What should I know before moving to Edmonton from another province?

Buyers relocating to Edmonton should plan around a few key differences from other Canadian markets, including generally more affordable home prices, a wider range of new construction options, and distinct neighbourhood character across communities like the inner city, the southwest, and surrounding towns such as Sherwood Park and St. Albert. The Real Estate Team works with out of province buyers regularly and can set up virtual tours, video walkthroughs, and area orientation calls before a buyer ever steps off the plane.

Can I buy a home in Edmonton without visiting in person first?

Yes. The Real Estate Team regularly helps clients purchase sight unseen or with only one in person visit, using video walkthroughs, detailed area guidance, and close communication throughout the process. This is common for buyers relocating for work or family reasons on a tight timeline.

Which Edmonton area suburbs are good for newcomers?

Sherwood Park, St. Albert, Leduc, and Beaumont are all popular choices for people relocating to the Edmonton area, each offering a different mix of commute distance, school options, and community feel. The right fit depends on where you will be working and what kind of pace of life you want, and The Real Estate Team can walk through the tradeoffs based on your specific situation.

Buying a Home

How do I start the process of buying a home with The Real Estate Team?

The process starts with a conversation about your budget, timeline, and what you need in a home, followed by mortgage pre approval guidance, a personalized search, and scheduled showings. Mary Bark and David Szusz handle this directly rather than handing buyers off to a junior team member.

Does The Real Estate Team help with new construction and builder purchases?

Yes. Mary Bark has a background in new home sales and construction, which means The Real Estate Team can advise buyers on builder contracts, lot selection, upgrade decisions, and what to watch for when buying a new build, in addition to representing buyers on resale homes.

What does it cost to use a buyer's agent in Edmonton?

In most residential transactions in Alberta, the seller pays the commission that is shared with the buyer's agent, meaning there is typically no direct cost to the buyer for representation. The Real Estate Team can explain exactly how this works for your specific transaction during an initial consultation.

How competitive is the Edmonton housing market right now?

Market conditions in Edmonton shift by season, price range, and neighbourhood, so the best way to get an accurate read is to ask directly. The Real Estate Team tracks local market data closely and can give you a current, neighbourhood specific answer rather than a general national headline.

Selling a Home

How does The Real Estate Team market a listing?

The Real Estate Team builds a marketing plan for each listing that includes professional photography, a strong presence on REALTOR.ca and the Paragon MLS network, targeted social media promotion, and open houses where appropriate, with reporting back to the seller on exposure and buyer activity throughout.

How do I find out what my home is worth?

The most accurate way to find out what your home is worth is a comparative market analysis based on recent sales of similar homes in your specific area, which The Real Estate Team provides at no cost. Online estimate tools can be a starting point but often miss the details that actually move local pricing.

How long does it typically take to sell a home in the Edmonton area?

Time on market varies by neighbourhood, price point, and season, and can range from days to several weeks or longer depending on conditions. The Real Estate Team can give you a realistic estimate specific to your property and area rather than a generic regional average.

Do you provide feedback after showings?

Yes. The Real Estate Team provides sellers with feedback reports after showings and open houses, including online exposure data and in person feedback, so sellers always know how their listing is performing and what adjustments, if any, are worth considering.

Working With The Real Estate Team

Why work with a team instead of a single agent?

Working with The Real Estate Team means you have two experienced REALTORS® available, Mary Bark and David Szusz, which means faster response times, broader availability for showings, and two perspectives on pricing, negotiation, and market strategy, while still working with the same two people throughout rather than being passed to unfamiliar staff.

What makes The Real Estate Team different from other Edmonton REALTORS®?

Three things set The Real Estate Team apart, Mary's background in new home sales and construction, the fact that both Mary and David relocated to Edmonton themselves and understand that experience firsthand, and full coverage across Edmonton, Sherwood Park, St. Albert, Leduc, Beaumont, and the surrounding rural counties.

How can I see reviews from past clients?

Past client reviews for The Real Estate Team are available on RankMyAgent and Google Business Profile, and can also be found through thereteam.ca. David Szusz in particular has built a strong base of verified reviews over the years.

Does The Real Estate Team work with both buyers and sellers?

Yes. Mary Bark and David Szusz both represent buyers and sellers, and frequently work with clients who are doing both at once, such as a family selling their current home while buying their next one in a different Edmonton area community.

Mary Bark and David Szusz, The Real Estate Team, RE/MAX River City 780 905 6255 · thereteam.ca

What Does It Cost to Move from Ontario to Edmonton?

Mon, 22 Jun 2026 19:14:57 GMT

If you're weighing a move from Ontario to Edmonton, cost is usually the first question and the hardest one to get a straight answer on. Here's what The Real Estate Team tells clients making this exact move.

Is housing really cheaper in Edmonton than Ontario?

Generally, yes, often significantly so. Buyers coming from the GTA frequently find that the same budget that bought a townhouse back home can buy a detached single family home with a yard in Edmonton. Lot sizes tend to be larger here too, which matters for families wanting outdoor space without a long commute.

What about everyday costs, like groceries and gas?

Day to day costs in Edmonton are broadly comparable to Ontario, with some categories like fuel often running lower. The bigger savings usually show up in housing and taxes rather than your weekly grocery bill.

Does Alberta have a provincial sales tax?

No. Alberta is the only province in Canada with no provincial sales tax, so you pay GST only on most purchases. For a family budgeting a move, that difference adds up over a year.

What should Ontario buyers budget for beyond the purchase price?

Plan for legal fees, a home inspection, moving costs, and Alberta's land titles transfer fee, which is lower than Ontario's land transfer tax. Many Ontario buyers are pleasantly surprised when they compare closing costs side by side.

How does the new home market in Edmonton compare to Ontario?

Edmonton has an active and competitively priced new home market, with builders actively releasing lots in growing communities. Mary Bark's background started in new home sales and construction before becoming a REALTOR®, so The Real Estate Team can walk you through builder reputations, lot premiums, and what's worth paying for versus what isn't, the same way someone who worked inside that industry would.

What's the first step if I'm relocating from Ontario?

Start with a relocation consultation before you book a flight. The Real Estate Team can walk you through neighbourhoods, current listings, and realistic timelines over a video call, so you arrive in Edmonton already knowing where to focus your search.

Talk to a Team That Knows Both Sides of the Move

Mary Bark and David Szusz of The Real Estate Team at RE/MAX River City have helped Ontario families relocate to Edmonton, Sherwood Park, St. Albert, Leduc, and Beaumont with confidence. Reach out to start your relocation consultation.

The Real Estate Team | RE/MAX River City mary@thereteam.ca · david@thereteam.ca · 780-905-6255 · thereteam.ca

Edmonton Real Estate Market Update: Your Questions Answered (June 2026)

Fri, 19 Jun 2026 21:10:14 GMT

If you are buying or selling in Edmonton this month, here is what the latest numbers actually mean for you. We pulled the most current data from the REALTORS® Association of Edmonton, CREA, and WOWA so you are working from real market conditions, not guesswork.

What is the average home price in Edmonton right now?

As of May 2026, the average residential sale price across Edmonton sits at roughly $491,794, while the MLS® Home Price Index benchmark price (a more stable measure of typical home value) is around $432,200. Edmonton's benchmark price rose slightly month over month but is down about 1.8 percent compared to a year ago, while the average price is up close to 6 percent year over year. The gap between those two numbers tells the real story: a higher mix of larger, pricier homes is selling, while the typical home's value has held mostly flat.

Is Edmonton a buyer's market or a seller's market this year?

It depends on the property type and price range. Heading into 2026, Edmonton is shaping up as a generally balanced market overall, though single family homes and luxury properties in select areas are still seeing seller favoured conditions. If you are selling a well priced detached home in a desirable neighbourhood, you likely still have leverage. If you are selling a condo or competing against a wave of new listings, buyers have more room to negotiate.

How much have Edmonton home prices actually grown?

Looking at full year numbers, Edmonton's average residential sale price climbed about 6.3 percent between 2024 and 2025, moving from roughly $431,994 to $459,179, even as the total number of sales transactions dropped by about 5.6 percent over the same period. Fewer sales but higher prices usually points to tighter inventory in the segments buyers want most, which lines up with what we are seeing on the ground in neighbourhoods like Chappelle, Windermere, and Glenora.

Are there more homes for sale in Edmonton right now?

Yes, and this is the detail most buyers do not know yet. In April 2026, new listings across the Greater Edmonton Area reached 4,204, up close to 14 percent from March and over 9 percent compared to April 2025, pushing overall inventory more than 31 percent higher than the same time last year. More choice on the market generally means more negotiating room, longer decision windows, and less pressure to overbid.

What is happening with condo prices in Edmonton?

Condo prices averaged $225,842 in April 2026, up about 6.5 percent from March and roughly 3.4 percent compared to April 2025, even as condo sales activity ran behind the prior year's pace. For anyone purchasing their first home, this remains one of the more accessible entry points into Edmonton ownership, particularly in established central neighbourhoods.

Will interest rates affect Edmonton buyers this summer?

The Bank of Canada held its policy interest rate at 2.25 percent through at least mid June, and that stability has helped fuel the strongest stretch of market activity so far this year. A steady rate environment generally keeps monthly payments predictable, which is part of why we are seeing more buyers move from browsing to making offers right now.

What should Edmonton sellers do with this information?

Price accurately from day one. With inventory climbing, overpriced listings sit longer and end up chasing the market down instead of leading it. A correctly priced home in a strong neighbourhood is still selling quickly and competitively.

What should Edmonton buyers do with this information?

Get pre approved and move with confidence. Rate stability plus rising inventory is a window that will not stay open indefinitely, and well priced homes in popular pockets like Avonmore, Larkspur, and Terwillegar are still moving fast.

Ready to talk about your specific situation?

Numbers tell part of the story. Your street, your timeline, and your goals tell the rest. Reach out to Mary Bark and David Szusz at The Real Estate Team, RE/MAX River City, for a conversation grounded in what is actually happening in your neighbourhood.

The Real Estate Team | RE/MAX River City 780 905 6255 | thereteam.ca

Edmonton Real Estate in June 2026: What Buyers, Sellers & Investors Need to Know Right Now

Wed, 03 Jun 2026 19:02:34 GMT

Published: June 3, 2026 | By: Mary Bark | Category: Edmonton Real Estate Market Updates

Whether you're hunting for your dream home, thinking about listing, or looking to grow your investment portfolio, Edmonton's real estate market this summer has a lot to offer — and a few things to watch carefully. Here's your no-fluff guide to what's happening in YEG right now.

🏡 The Big Picture: Edmonton Is Having a Moment

Edmonton isn't just growing — it's booming. Between July 2024 and July 2025, the Edmonton region added over 50,700 people, growing at 3% — the fastest rate of any major city in Canada. That means more demand for housing, more investment activity, and a market that's both competitive and full of opportunity.

Here's your June 2026 snapshot:

Average home price (all residential types): ~$478,902
Detached homes: averaging $589,384
Condos/apartments: averaging $225,842 (up 6.5% month-over-month!)
Market type: Balanced — no one has the upper hand, which is actually great news for everyone

🛒 For Buyers: More Choice, Less Panic

Good news if you've been sitting on the sidelines: inventory is up 31.4% compared to this time last year. That means more listings, more options, and less of the frantic bidding-war energy of the past couple of years.

What this means for you:

You have time to compare, ask questions, and negotiate
First-time buyers will find Edmonton's entry-level pricing — especially condos starting around $225K — genuinely accessible compared to Toronto or Vancouver
Interest rates have come down from their peak, improving affordability and monthly payment calculations

Pro Tip: Don't mistake "more inventory" for "bottomless supply." Well-priced, move-in-ready homes in desirable neighbourhoods still move quickly. Get pre-approved and know your must-haves before you start touring.

💰 For Sellers: Strategic Pricing Wins the Day

The days of listing at any price and watching offers roll in are behind us — for now. But that doesn't mean it's a tough time to sell. Edmonton's population growth is keeping demand healthy, and properly positioned homes are selling at solid prices.

What sellers need to know:

Proper pricing relative to comparables is everything right now
Buyers are comparing more, negotiating harder, and taking longer to decide — so presentation matters
Detached homes are showing resilience, with prices up year-over-year

Pro Tip: Small investments in staging and curb appeal are paying off in June 2026. Buyers have options, so give them a reason to choose YOUR home.

📈 For Investors: Edmonton Is a Serious Contender

If you're an investor looking for cash flow with room to appreciate, Edmonton keeps making the case. Here's why the numbers are compelling:

Rental yields up to 6.7% — hard to find anywhere else in Canada
Vacancy rates around 3.2–4.5% — tight enough to keep rents stable
Rent growth projected at 3–5% for 2026
Average home prices still a fraction of Toronto or Vancouver

Hottest investment plays right now:

🏘️ Chappelle & Rosenthal — Legal basement suites are generating dual rental income from a single title. These "mortgage helper" properties are a favourite for first-time investors.

🎓 Garneau & Strathcona (near U of A) — Renovated character suites and modern infills command premium rents thanks to walkability to Whyte Ave and the River Valley.

🏗️ Rowhouse-style infill (6–10 units) — Savvy investors are using the CMHC MLI Select financing program to build and hold multi-unit infills. Edmonton's zoning supports it. The numbers work.

🚧 Development & Infrastructure: The Big Projects Shaping YEG

Real estate is local — and the infrastructure being built right now will shape neighbourhood values for years to come.

Keep your eye on:

Valley Line West LRT — 14 km of new LRT connecting downtown to Lewis Farms via West Edmonton Mall. Major construction continues through 2026, with completion expected by 2028. Neighbourhoods along the corridor are watching closely.
Falcon Two (Downtown) — 255 new units coming to the downtown core (2027), including student housing, supporting the ongoing revitalization of Edmonton's city centre.
Manulife Place Renovation — The iconic 36-storey tower is getting a $45M upgrade to common areas, amenities, and retail. Downtown's glow-up is real.
Dawson Bridge Rehabilitation — Wrapping up by end of summer 2026, improving connectivity in river valley communities.

🔍 Neighbourhoods to Watch This Summer

Beyond the established areas, a few up-and-coming communities are generating buzz:

The Glenora/Westmount corridor — Infill townhomes and character renovations attracting young professionals
The Windermere area (southwest) — New development, great schools, and strong resale demand
Oliver — Downtown adjacency with walkability premium continues to attract condo buyers

Bottom Line: June 2026 Is a Good Time to Move

Whether you're buying, selling, or investing, Edmonton's balanced market, strong population growth, and relative affordability make it one of the most interesting real estate stories in Canada right now. The key is strategy — knowing your numbers, understanding your neighbourhood, and working with someone who knows the YEG market inside and out.

Ready to make your move? I'd love to help. Visit yeghomes4sale.ca to browse current listings, use my home valuation tools, and get in touch for a no-pressure conversation about your real estate goals.

Mary | YEG Homes 4 Sale | Edmonton Real Estate 📧 mary@mikesteam.ca | 🌐 yeghomes4sale.ca

Tags: Edmonton real estate, YEG homes for sale, Edmonton housing market 2026, Edmonton investment properties, buying a home in Edmonton, selling a home in Edmonton, Edmonton rental market, Valley Line LRT, Edmonton neighbourhoods, Alberta real estate

Meta Description: Edmonton's real estate market in June 2026 is full of opportunity for buyers, sellers, and investors. Get the latest stats, neighbourhood insights, and tips from a local YEG expert. Updated weekly at yeghomes4sale.ca.

Sources: REALTORS® Association of Edmonton, WOWA.ca, RE/MAX Canada, Nesto.ca, Zolo.ca, liv.rent, Daily Hive Edmonton

Edmonton Real Estate in April 2026: What Buyers, Sellers, and Investors Need to Know Right Now

Tue, 21 Apr 2026 22:32:22 GMT

By Mary Bark, REALTOR® | RE/MAX River City | yeghomes4sale.ca

If you've been watching the Edmonton market — or trying to figure out your next move — spring 2026 is a genuinely interesting time to pay attention. The market has shifted. Not dramatically, not alarmingly, but meaningfully. And for buyers, sellers, and investors alike, understanding what's actually happening on the ground (and in Ottawa) can make a significant difference in the decisions you make this season.

Here's what you need to know.

The Numbers: A Market Finding Its Balance

After several years of frenetic activity, Greater Edmonton is settling into something more measured — and more fair to everyone involved.

March 2026 brought a clear spring lift. The Realtors Association of Edmonton reported 2,133 residential sales in March, up 33.1% from February — a healthy seasonal rebound. Average home prices reached $470,819, a 3.5% month-over-month increase and 2.2% higher than a year ago. Detached homes led the charge, averaging $590,162, up 2.5% year-over-year.

But here's the important context: year-over-year sales are still down 14.2%, and inventory is 34.6% higher than this time last year. That combination — more homes on the market, fewer buyers competing for each one — is what's giving the market a noticeably different feel compared to 2024 or early 2025.

For buyers, this means more choice, less panic, and real room to negotiate. For sellers, it means presentation and pricing matter again. The market won't do all the heavy lifting on its own.

Edmonton's Enduring Affordability Advantage

Even in a shifting market, one fact remains stubbornly true: Edmonton is the most affordable major city in Canada.

The benchmark price of $426,000 stands in sharp contrast to the rest of the country. Over the past decade, Edmonton home prices rose just 19% — compared to 54% in Toronto and 105% in Montreal. That relative affordability isn't an accident; it reflects Edmonton's history of building enough supply to keep pace with demand.

That gap is exactly why Canadians continue to look west. The price difference between major markets and Alberta has narrowed from $372,000 in 2022 to about $162,000 today — but Edmonton still offers genuine homeownership opportunity that simply doesn't exist in Vancouver or Toronto.

The neighbourhoods drawing the most interest in 2026 according to RE/MAX? Wihkwentowin (the area formerly known as Oliver) downtown, Castle Downs in the north, and — no surprise to anyone watching the southwest — Chappelle. These areas are drawing buyers for the same reasons they always have: amenities, schools, transit access, and long-term community stability.

What's Changed: Programs and Rules That Actually Matter

The most significant shifts in 2026 aren't happening on Whyte Ave or in Windermere — they're happening in federal policy. And several of them are genuinely worth understanding.

The First-Time Buyer GST Rebate (New for 2026)

This one is big for anyone buying a newly built home. As of early 2026, the federal government announced a GST rebate program for first-time buyers purchasing new construction homes priced at $1 million or less. Eligible buyers may save up to $50,000 in GST — a meaningful reduction in one of the most painful parts of buying new. The program is administered through the CRA, and your mortgage professional or REALTOR® can walk you through eligibility specifics.

30-Year Amortizations Are Here

Since December 2024, 30-year amortizations on insured mortgages have been available to all first-time buyers (not just those buying new construction). That extra five years translates to meaningfully lower monthly payments — improving what you qualify for by roughly 8–9%. The trade-off is more total interest paid over the life of the mortgage, so it's worth having an honest conversation with your broker about whether it makes sense for your situation.

The Insured Mortgage Cap Jumped to $1.5 Million

The cap on insured mortgages — which previously sat at $1 million — has been raised to $1.5 million. In Edmonton's price range, this mostly benefits move-up buyers and those looking at higher-end properties, but it does expand what's possible with less than 20% down.

Edmonton's First Place Program

For first-time buyers here in the city, Edmonton's First Place Program remains one of the most underused tools available. It offers a five-year deferral on land costs for select new builds on redeveloped school sites (including developments like Michael's Park). With household income under $130,000, this can meaningfully reduce upfront costs and monthly payments during those critical first years of ownership.

New Rules for Investors to Know

On the investor side, 2026 brings tighter rules. New federal mortgage guidelines make it more challenging for investors to qualify for financing based on personal income — the emphasis is now on whether the property itself can generate sufficient rental income to justify the loan. Combined with the ongoing Prohibition on the Purchase of Residential Property by Non-Canadians, the landscape for investors is more selective. The investors who will do well are those focused on income-generating properties with genuine cash flow — particularly multifamily assets in markets like Edmonton, where rental demand remains stable.

The Bigger Picture: Alberta's Economic Resilience

No market update in 2026 is complete without acknowledging the economic backdrop — and specifically, the ongoing uncertainty around US-Canada trade and tariffs.

Here's the honest picture: it's a headwind, not a wall. ATB Financial projects Alberta's real GDP growing at 2.1% in 2026 and 2.4% in 2027 — both figures outpacing the national average. Rising oil production, expanding Asian export markets, and economic diversification in sectors like aviation and technology are all supportive factors. CMHC, notably, identified Edmonton as the only major Canadian city expected to build enough homes over the next decade to restore pre-pandemic affordability.

Trade uncertainty is real, and it's affecting business investment and buyer confidence in pockets. But Alberta — and Edmonton specifically — is entering this period from a position of relative strength.

What This Means for You

Buyers: This is the most buyer-friendly Edmonton market in several years. More inventory, more time to decide, and new federal tools that could meaningfully improve your purchasing power. If you've been waiting for the chaos to settle — it has.

Sellers: Pricing discipline and strong presentation are non-negotiable right now. Homes that are priced well and show beautifully are still moving. The spring market is active. But overpriced listings are sitting, and that's a new reality for some Edmonton neighbourhoods.

Investors: The rules have changed, but the fundamentals haven't. Edmonton's rental market remains in demand, affordability continues to attract newcomers, and multifamily remains one of the more resilient asset classes in the region. Do your income analysis carefully — the days of qualifying on personal income alone are fading.

Whether you're ready to make a move this spring or still figuring out your strategy, I'm here to help you navigate it with local knowledge and no pressure.

Mary Bark | REALTOR® | RE/MAX River City 📞 780-905-6255 ✉️ marybark@remax.net 🌐 yeghomes4sale.ca

Market data sourced from the Realtors Association of Edmonton, ATB Financial, CMHC, and RE/MAX Canada. This post is for informational purposes only. Always consult with a licensed real estate professional and qualified mortgage advisor before making real estate decisions.

Edmonton Real Estate in Spring 2026: What Buyers, Sellers & Investors Need to Know Right Now

Tue, 14 Apr 2026 15:15:18 GMT

Edmonton housing market update for April 2026. Average home price $470,819, up 2.2% year-over-year. What buyers, sellers, and real estate investors need to know this spring in Edmonton Alberta.

🏡 Edmonton Real Estate Update – April 2026

Tue, 07 Apr 2026 19:40:43 GMT

Spring has arrived and the market is shifting! Here's what you need to know:

📊 MARCH 2026 SNAPSHOT:

• 2,133 sales — up 33% from February

• 3,809 new listings — more buyer choice

• Average home price: $470,819 (↑2.2% year-over-year)

• Detached homes: $590,162 avg | Condos: $212,054 avg

💰 Interest rates at 2.25% — Edmonton remains Canada's most affordable major city!

FOR BUYERS: More inventory + lower rates = the right time to act. Hot areas: Wihkwentowin, Castle Downs & Chappelle.

FOR SELLERS: Pricing accurately and presenting your home well is everything in today's market.

FOR INVESTORS: Infill rowhouses, rental properties & 2.5% GDP growth make Edmonton a top Canadian investment city for 2026.

Read the full market update at www.yeghomes4sale.ca

📞 Ready to make your move? Contact us today!

#EdmontonRealEstate #YEGHomes #SpringMarket2026 #REMAX

Spring Into the YEG Market: What Edmonton Buyers, Sellers & Investors Need to Know Right Now (March 2026)

Tue, 31 Mar 2026 15:17:14 GMT

Spring is in the air — and so is opportunity! Whether you’re thinking about buying your first home, listing your property, or growing your real estate portfolio, the Edmonton market right now is buzzing with activity. Let’s break down exactly what’s happening and what it means for YOU.

THE BIG PICTURE: EDMONTON’S MARKET IN MARCH 2026

Edmonton continues to be one of Canada’s most compelling real estate stories. Heading into spring 2026, the market has settled into a balanced-to-seller’s-market dynamic — meaning things are active and competitive without being chaotic. Here’s what the numbers are telling us:

Average home price: $454,801 (February 2026) — up 1.2% year-over-year and 1.3% from January. Detached homes: $571,372 (up 2.6% month-over-month). Semi-detached: $441,958 (up 4.5%). Townhouses: $307,526 (up 3.8%). Apartments/Condos: $212,133 (down 6.0% — a buyer’s window!). Inventory: ~3.4 months of supply — a balanced market sweet spot.

FOR BUYERS: YOUR WINDOW IS OPEN — DON’T MISS IT!

If you’ve been waiting for the “perfect time” to buy in Edmonton, here’s some real talk: that time is now. Experts are consistent — waiting into 2026’s later months may mean higher prices and fewer choices. Interest rates have come down from their peak highs, with lenders offering competitive fixed-rate products. Get your pre-approval done NOW so you’re ready to move fast when the right home hits the market.

What’s hot for buyers right now: First-timers will find condos in the $250,000–$300,000 range, with young professional couples stretching comfortably to $400,000. Move-up buyers are trading $400K–$550K homes into newly built properties in the $600K–$800K range. Hot neighbourhoods to watch: Wihkwentowin (formerly Oliver) for downtown vibes and walkability, Castle Downs on the northside for great amenities and transit, and Chappelle in the southwest for schools, parks, and community feel.

FOR SELLERS: SPRING IS YOUR MOMENT — BUT STRATEGY IS EVERYTHING

Good news, sellers: demand is real. The key shift from previous years? You can’t just stick a sign in the yard and expect a bidding war anymore. Positioning is everything. Price it right from day one — overpriced homes sit, well-priced homes move (sometimes with competing offers). Stage it to sell, because first impressions online and in person matter more than ever. Market aggressively with strong photography, video tours, and social media reach. Time your listing well — the next 30–90 days are prime selling season. Don’t wait until summer! Detached single-family homes are in strong demand, especially at lower price points. If you have a detached home in a desirable neighbourhood, you’re sitting on a great asset right now.

FOR INVESTORS: EDMONTON IS STILL CANADA’S BEST-KEPT SECRET

Edmonton is the most affordable major city in Canada — and it’s getting harder to ignore. Here’s why smart investors are paying attention: GDP growth is expected to jump from 1.4% in 2025 to 2.5% in 2026, near the top among major Canadian cities. Rental vacancy rates are at their lowest in a decade and expected to stay low through the rest of 2026. Infill development is hot — 6-10 unit rowhouse-style infill projects are gaining traction, especially with CMHC’s MLI Select financing program. Walk-up apartments and low-rise buildings remain investor favourites — low operating costs plus high demand equals strong returns. Edmonton’s zoning bylaws have become increasingly infill-friendly, offering a combination simply not found in Vancouver or Toronto: affordable entry plus strong rental demand plus supportive policy environment.

WHY EDMONTON? WHY NOW?

Among Canada’s six largest cities, Edmonton stands alone on affordability. Add in a growing population fuelled by interprovincial migration, a diversifying economy beyond oil and gas, PwC naming Edmonton a top market to watch in 2026, and a spring market that’s picking up steam by the week — and you have a recipe that’s hard to ignore, whether you’re buying a home to live in or building long-term wealth through real estate.

READY TO MAKE YOUR MOVE?

Whether you’re buying, selling, or investing in Edmonton — having the right guide in your corner makes all the difference. The YEG market is moving fast and the spring season won’t last forever. Let’s connect for a free, no-pressure consultation about your real estate goals. Browse current listings at www.yeghomes4sale.ca

Buyer Incentives & Programs Available to Homebuyers in Edmonton and Surrounding Areas

Sun, 29 Mar 2026 21:14:57 GMT

If you’re considering purchasing a home in Edmonton or the surrounding communities, there are a number of government programs and incentives designed to make homeownership more accessible and affordable. Whether you’re a first-time buyer or simply purchasing a new primary residence, understanding these options can help you make a more informed financial decision.

Here’s a breakdown of the key programs currently available to Canadian homebuyers.

1. First-Time Home Buyers’ Tax Credit (HBTC)

The First-Time Home Buyers’ Tax Credit allows eligible buyers to claim a non-refundable tax credit of up to $10,000 on their income tax return.

This translates to a potential tax savings of up to $1,500.
Available to first-time buyers or those who haven’t owned a home in the past four years.
Applies to homes purchased anywhere in Canada, including Edmonton and surrounding areas.

This is one of the simplest incentives available and is automatically claimed when filing taxes.

2. Home Buyers’ Plan (HBP)

The Home Buyers’ Plan allows buyers to withdraw funds from their Registered Retirement Savings Plan (RRSP) to purchase or build a home.

Withdraw up to $35,000 per individual (or $70,000 per couple).
Funds must be repaid over a 15-year period.
No tax is paid on the withdrawal as long as repayment terms are followed.

This is a powerful tool for buyers who have savings in RRSPs but want to access that capital for a down payment.

3. GST/HST New Housing Rebate

When purchasing a newly built home, buyers may be eligible for a partial rebate on the GST paid.

Applies to new homes, substantially renovated homes, or owner-built homes.
Full rebate available on homes priced up to $350,000.
Partial rebate available up to $450,000 (phased out beyond this).

In Edmonton, where many new builds exceed $450,000, buyers may still qualify for a reduced rebate depending on price and structure of the purchase.

4. First Home Savings Account (FHSA)

The First Home Savings Account is one of the most impactful new tools for first-time buyers in Canada.

Contribute up to $8,000 per year, with a lifetime limit of $40,000.
Contributions are tax-deductible (like an RRSP).
Withdrawals for a home purchase are tax-free (like a TFSA).

This account combines the best features of both RRSPs and TFSAs, making it a highly effective savings strategy for future buyers.

5. CMHC-Insured Mortgages

Through Canada Mortgage and Housing Corporation (CMHC), buyers can access insured mortgages with lower down payment requirements.

Minimum down payment starts at 5% for homes under $500,000.
Makes homeownership more accessible, especially for first-time buyers.
Required for buyers with less than 20% down.

CMHC insurance allows buyers to enter the market sooner, though it does add a premium to the mortgage.

6. Incentives for Energy-Efficient Homes

Programs are available for buyers purchasing or upgrading to energy-efficient homes.

Potential rebates for energy-efficient new builds or renovations.
Programs may be offered federally, provincially, or through local utilities.
Can reduce long-term ownership costs through lower utility bills.

These incentives vary, but they are worth exploring—especially with Edmonton’s climate and energy costs.

7. Municipal and Builder Incentives

In Edmonton and surrounding areas like Fort Saskatchewan, Leduc, and St. Albert, some additional opportunities may include:

Builder promotions (closing cost credits, upgrades, appliance packages)
Limited-time developer incentives in new communities
Local grants or pilot programs (availability varies)

These incentives change frequently and are often tied to specific projects or developments, so working with a local agent can help uncover opportunities that aren’t widely advertised.

Final Thoughts

The path to homeownership in Edmonton is more accessible than many buyers realize, especially when you take full advantage of the available programs and incentives. From tax credits and savings tools to rebates and insured mortgage options, there are multiple ways to reduce upfront costs and improve affordability.

Every buyer’s situation is different, and the right combination of programs can make a significant impact on your purchasing power.

If you’re thinking about buying, the best first step is understanding what you qualify for—and how to structure your purchase strategically to maximize these benefits.

🌱 Spring Forward: Edmonton Real Estate Market Update – March 2026

Mon, 23 Mar 2026 23:05:29 GMT

📊 Edmonton Market Snapshot – March 2026

The Greater Edmonton Area is warming up right alongside the weather. After a sluggish January, February 2026 delivered a 39.7% surge in sales activity — a clear signal that spring buying season is well underway. Here's a quick look at where prices stand today:

Average Residential Price (All Types): $454,801
Average Detached Home Price: $571,372 (+2.7% from January)
Average Condo Price: $212,133
Sales in February 2026: 1,606 (+39.7% vs. January)

The benchmark price came in at $419,600 in February — slightly down year-over-year (-2.1%) but ticking upward month over month. Translation? Prices have stabilized and are beginning to climb again as more buyers re-enter the market.

🏦 Bank of Canada Holds at 2.25% — What It Means for YOU

On March 18, 2026, the Bank of Canada held its overnight rate steady at 2.25% (prime rate: 4.45%). The next rate decision is April 29 — and experts expect rates to stay flat for most of 2026.

Here's what current mortgage rates look like in Alberta right now:

Variable rate mortgages: Starting around 3.4%
Fixed rate mortgages (broker): Around 3.7% – 3.9%
Fixed rate (big banks): Typically 4%+

💡 Pro Tip for Buyers: With rates stabilized and holding near multi-year lows compared to the 2023 peak, your purchasing power is significantly better than it was two years ago. Locking into a fixed rate now could protect you if bond yields tick up later in the year.

🏠 Buyers: Is Now Your Moment?

Short answer? Yes — and here's why.

Edmonton is experiencing what market analysts are calling a "buyer's window." Inventory is elevated, sales pace is recovering (but not frenetic), and prices have yet to spike into "panic-buy" territory. Compare this to Calgary, where years of hesitation have priced many buyers out — Edmonton is offering that last chapter of affordability in a major Alberta city.

✅ More listings to choose from than in 2024 or 2025
✅ Motivated sellers, especially on properties sitting 30+ days
✅ Mortgage rates near 2021–2022 lows
✅ Continued migration from Ontario and BC driving long-term demand
✅ Average price still well below Toronto ($1.1M+) and Vancouver ($1.3M+)

💡 First-Time Buyer Tip: Consider areas like Queen Mary Park (walkable, close to MacEwan University) or Terrace Heights for solid entry-level value with upside. And don't forget — the federal government's First Home Savings Account (FHSA) lets you shelter up to $40,000 in contributions for your down payment!

🏡 Sellers: Spring Is Your Best Friend (If You Price It Right)

Thinking of listing? Spring 2026 is shaping up to be one of the most active in recent memory — but the market is not forgiving on price. With inventory up year-over-year, overpriced listings are sitting. Competitively priced homes? They're moving.

Here's the seller's playbook for March/April 2026:

Price at market or just below to attract multiple offers.
Presentation matters more than ever. Declutter, deep clean, fresh paint if needed.
Detached homes are performing best — +2.7% in price since January.
Condos are buyer-friendly right now — if you're selling a condo, stage well and price competitively.
List sooner rather than later. The spring rush typically peaks in April–May.

💡 Seller Tip: Curious what your home is worth in today's market? Reach out for a free, no-obligation home valuation!

💼 Investors: Edmonton Is Canada's Quiet Powerhouse

While Toronto and Vancouver grab the headlines, savvy investors have been quietly stacking properties in Edmonton. The city just recorded a record $3.3 billion in commercial real estate investment, with the multifamily sector alone accounting for $1.5 billion.

Top Investment Strategies Working Right Now in YEG:

Legal Basement Suites ("Mortgage Helpers"): Chappelle and Rosenthal are hotspots for legal suite income. Two income streams, one title.
Student Rentals (Garneau/Strathcona): With the U of A nearby, renovated suites near Whyte Ave command premium rents.
Infill Rowhouses (CMHC MLI Select): Investors are targeting 6–10 unit rowhouse-style infill developments using MLI Select financing — low down payment, high leverage, long amortization.
Entry-Level Condos Under $200K: Still generating positive cash flow. Great for first-time investors.

Neighbourhoods to Watch in Spring 2026:

Wihkwentowin (formerly Oliver): Downtown-adjacent, walkable, strong rental demand from professionals.
Blatchford: Transit-oriented community near the old City Centre Airport. Long-term upside is significant.
Queen Mary Park: Just west of downtown — MacEwan University, walkability, young professionals moving in.
Griesbach: Planned community with a village-like feel in the north. Excellent for families and long-term holds.
Castle Downs: North Edmonton gem with strong value-to-rent ratios.

🔮 What's Coming This Spring & Beyond

📈 Prices are expected to rise modestly throughout 2026, supported by strong end-user demand.
🏗️ Housing starts are declining slightly, which will tighten supply over the next 12–18 months.
✈️ Migration from other provinces continues — Alberta's affordability and no provincial income tax keep pulling people in.
💵 Rates are expected to hold through most of 2026, giving buyers and investors predictability.
🌸 Spring peak activity expected in April–May — the window before peak competition is right now.

Whether you're buying your first home, selling for top dollar, or building your investment portfolio in YEG — I'm here to help you navigate every step with honest advice and local expertise. Let's connect!

Welcome to the Real Estate Blog

Wed, 05 Jun 2024 21:47:36 GMT

Welcome to our Real Estate Blog! Here you can find timely updates of my latest properties, open houses, just solds and much more.

Whether you are interested in buying or selling real estate, I am here to help guide you every step of the way.

If you have any questions about real estate from home evaluations to mortgages to searching for properties in your area, don't hesitate to contact me today!