There’s one question we're getting almost daily right now:
“Are prices still going up?”
The short answer?
Yes, but not everywhere, and not at the same speed.
Let’s break down what’s actually happening in the Edmonton market this spring.
📈 The Big Picture: Edmonton Is Still Strong
Compared to many major Canadian cities, Edmonton continues to show stability and steady growth.
Why?
Affordable price point compared to places like Toronto
Interprovincial migration
Strong employment fundamentals
Relatively balanced supply levels
We are not seeing dramatic spikes.
We are seeing measured appreciation.
And that’s healthy.
🏡 Detached Homes Under $550K
This segment remains highly active.
Homes that are:
Move-in ready
Well staged
Properly priced
…are still selling quickly, especially in communities like Chappelle Gardens and McConachie.
What we’re noticing:
Buyers are decisive
Multiple offers are happening selectively
Overpricing leads to sitting
The market is rewarding strategy.
🏢 Condos & Townhomes
This segment is more price-sensitive.
Some buildings are seeing slower movement depending on:
Condo fees
Reserve fund health
Age of the building
Well-managed complexes still perform well, but buyers are cautious and doing their homework.
💰 What This Means for Buyers
If prices are rising gradually, waiting may not “save” you money.
However:
You still have negotiation power in certain segments
Conditions are still common
Preparation gives you leverage
The biggest mistake buyers make right now?
Trying to perfectly time the market.
In a steady-growth city like Edmonton, time in the market usually wins.
🏠 What This Means for Sellers
If you’re selling:
Pricing properly is critical
The “list high and hope” strategy backfires
First impressions matter more than ever
Buyers are informed.
They’re watching comparables closely.
When you price strategically, the market responds.
The Bottom Line
Are prices rising in 2026?
Yes, but intelligently.
This isn’t a frenzy market.
It’s a strategic one.
And the clients who win are the ones who understand the data before they make their move.
If you’re thinking about buying or selling this spring in Edmonton, let’s look at your situation specifically. The headlines don’t tell your whole story, your numbers do. Click here to set up a digital coffee with a team member today!