Terms and conditions apply; rates are per annum and subject to change without notice. Eligible for CDIC deposit insurance. Non-Registered rates are tiered and based on your balance. 3.00% applies to deposits of $25,000 or more. See WealthONE website for current rates and applicable balance tiers. Highest rate in Canada for non-promotional HISA accounts, as confirmed by WOWA.ca as of June 25, 2026.
Alberta Housing Market Report
- Alberta's average home price increasedby 3.2% year-over-year to$519,033.
Alberta Housing Market Overview
Alberta Average House Prices by City
Alberta Housing Market as of July 2026
The average home price in Alberta increased to $519,033 in July 2026 and is down 4.2% from June 2026 and 3.2% higher than July 2025.
Sales and New Listings
There were 6,933 home sales in Alberta's housing market in July 2026, a decrease of 9.3% year-over-year.
New listings decreased monthly to 11,604 (down 3.7% year-over-year). Inventory levels increased 5.5% year-over-year to 22,259 units.
Key Statistics:
- Total Residential Sales: 6,933 (9.3% decrease year-over-year)
- New Listings: 11,604 (3.7% decrease year-over-year)
July 2026 saw these year-over-year changes based on property type:
- Detached: $602,852 (2.7% increase year-over-year)
- Semi-Detached: $497,419 (0.6% decrease year-over-year)
- Row: $362,565 (1.0% decrease year-over-year)
- Apartment: $279,715 (2.2% increase year-over-year)
Sales-to-New-Listings Ratio (SNLR)
| City | July 2026 Sales-to-New-Listings Ratio (SNLR) | July 2025 Sales-to-New-Listings Ratio (SNLR) | Change |
|---|---|---|---|
| Calgary | 57% | 54% | |
| Edmonton | 60% | 60% | - |
| Red Deer | 65% | 77% | |
| Lethbridge | 64% | 85% | |
| Medicine Hat | 74% | 84% | |
| Grande Prairie | 91% | 84% | |
| Fort McMurray | 90% | 68% | |
| Alberta | 60% | 63% |
The provincial sales-to-new listings ratio (SNLR) was 60% in July 2026. Months of supply stood at 3.21, which represents an increase of 16.3% year-over-year.
Regional Breakdown
| City | Average Home Prices (July 2026) | Population (2021) |
|---|---|---|
| Calgary | 1,481,806 6.4% vs. 2016 | |
| Edmonton | 1,418,118 7.3% vs. 2016 | |
| Red Deer | 100,844 4.0% vs. 2016 | |
| Lethbridge | 123,847 5.5% vs. 2016 | |
| Medicine Hat | 76,376 -0.2% vs. 2016 | |
| Grande Prairie | 64,141 1.5% vs. 2016 | |
| Fort McMurray | 68,002 1.3% vs. 2016 |
Terms and conditions apply. Rates are per annum and subject to change without notice. Eligible for CDIC deposit insurance. See WealthONE's website for current rates and applicable balance tiers. Highest rate in Canada for RRSP HISA accounts, as confirmed by WOWA as of July 24 2026
Housing Markets of Major Cities in Alberta
Housing Markets Across Canada
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- Any analysis or commentary reflects the opinions of WOWA.ca analysts and should not be considered financial advice. Please consult a licensed professional before making any decisions.
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