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 4.3% year-over-year to$524,545.
Alberta Housing Market Overview
Alberta Average House Prices by City
Alberta Housing Market as of August 2026
The average home price in Alberta increased to $524,545 in August 2026 and is up 1.1% from July 2026 and 4.3% higher than August 2025.
Sales and New Listings
There were 5,995 home sales in Alberta's housing market in August 2026, a decrease of 12.4% year-over-year.
New listings decreased monthly to 10,323 (down 4.5% year-over-year). Inventory levels increased 5.2% year-over-year to 21,943 units.
Key Statistics:
- Total Residential Sales: 5,995 (12.4% decrease year-over-year)
- New Listings: 10,323 (4.5% decrease year-over-year)
August 2026 saw these year-over-year changes based on property type:
- Detached: $605,070 (4.0% increase year-over-year)
- Semi-Detached: $520,808 (4.5% increase year-over-year)
- Row: $377,701 (1.9% increase year-over-year)
- Apartment: $274,246 (1.8% decrease year-over-year)
Sales-to-New-Listings Ratio (SNLR)
| City | August 2026 Sales-to-New-Listings Ratio (SNLR) | August 2025 Sales-to-New-Listings Ratio (SNLR) | Change |
|---|---|---|---|
| Calgary | 53% | 54% | |
| Edmonton | 57% | 60% | |
| Red Deer | 69% | 77% | |
| Lethbridge | 80% | 85% | |
| Medicine Hat | 67% | 84% | |
| Grande Prairie | 85% | 84% | |
| Fort McMurray | 83% | 68% | |
| Alberta | 58% | 63% |
The provincial sales-to-new listings ratio (SNLR) was 58% in August 2026. Months of supply stood at 3.66, which represents an increase of 20.0% year-over-year.
Regional Breakdown
| City | Average Home Prices (August 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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