MONEY GLOBE XCanadian housing
Alberta housing market: prices, building and jobs
Alberta's new home prices changed -0.5% over a year, and unemployment is 6.4%. Reading: balanced market.
New home prices, 1 year
-0.5%
6 months +0.4%
Housing starts, 1 year
+2%
latest 54.5k (annual rate)
Unemployment
6.4%
-1.3 points in a year
Reading
Balanced market
simple rule on official data
What the numbers say
- Prices flat (-0.5% over a year).
- Unemployment is falling: 6.4% (-1.3 points in a year) - stronger buyer demand.
- New building +2% over a year (more new supply coming).
- Nationally: The policy rate is unchanged over six months at 2.25%.
Prices are Statistics Canada's New Housing Price Index (new homes only; resale prices by province need a CREA licence). Latest data: 2026-08-01.
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Updated October 21, 2026, 10:02 UTC. Sources: Statistics Canada, CMHC via Statistics Canada. Educational information only - not financial advice.