July resale data shows Calgary townhouse and apartment sales down roughly 20% and Edmonton sales down 11% with inventory up 18% — the new-home market is now competing against a deeper, slower resale pool.
CMHC's July data shows Calgary starts down 20% from a year ago while Edmonton's trend rose 10% — Alberta's two metros are now moving in different directions, and builders should plan 2027 pipelines accordingly.
An Edmonton developer's receivership purchase of the downtown mall, with 1,500 residential units in Phase 1 and construction targeted for early 2027, is the largest downtown residential play in years.
Rate relief for Alberta buyers and builders is off the table for at least another cycle — pre-sale and lease-up plans should assume a 2.25% policy rate through the fall.
Rentals.ca's July data shows Calgary asking rents down 4.5% and Edmonton down 3.6% year over year, though Alberta ticked up 0.3% month over month. Multi-family developers face softer pro formas even as the decline…
Calgary's Secondary Suite Incentive Program is winding down after helping create roughly 7,000 legal suites and doubling the city's registry to 26,000. With secondary suites now a permitted use, suite construction is set to…
Homes by Avi has become the first large-volume Alberta builder to make hail-resistant roofing standard on all new single-family homes, and the Insurance Bureau of Canada is now calling for it to be mandated…
Alberta drove Canada's June rebound in single-family building permits and added to multi-unit gains, a sign the province's pipeline is holding up better than the national picture. Builders and land developers should treat the…
Calgary and Edmonton rents are down roughly 4% from last year, but both cities posted small monthly gains in July — a sign the rental market may be finding its bottom while lease-up competition…
Edmonton's run of easy demand is ending — July sales fell 11% year-over-year while listings jumped 18%, migration slowed, and condos tipped into buyer's-market territory.