Monthly report · Greater Edmonton Area
Edmonton Housing Market — January 2026
Edmonton is a balanced market, and January nudged it toward buyers.
January 2026report · published from REALTORS® Association of Edmonton statistics
January 2026: Balanced Market
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Buyer's ↔ seller's
Where the balance sat
Two numbers decided whose market January was. Months of inventory measures the standing stock: how long everything then for sale would have taken to sell at that month's pace. The sales-to-new-listings ratio measures the month's fresh flow: how much of the new supply buyers absorbed. Both are read against their conventional bands — under 4 months of inventory favours sellers, 4–6 is balanced, over 6 favours buyers — no invented thresholds, no vibes.
The backdrop
The economy behind the month
Rates, jobs, and construction set the stage every market month played on. These were the readings available when the January 2026 statistics landed — each tile carries its own observation date, because economic series publish on their own calendars.
BoC policy rate
2.25%
was 3.00% a year ago
Jan 1, 2020 – Oct 30, 2025
Bank of Canada · as of Oct 30, 2025
5-yr mortgage (posted)
6.09%
was 6.49% a year ago
Jan 1, 2020 – May 14, 2025
Bank of Canada · as of May 14, 2025
Edmonton unemployment
7.4%
as of Dec 2024
Jan 2023 – Dec 2024
Statistics Canada, Labour Force Survey · as of Dec 2024
Housing starts (Edm)
982
was 1,211 a year ago
Feb 2024 – Jan 2026
CMHC via Statistics Canada · as of Jan 2026
Sources: Bank of Canada, Statistics Canada (Labour Force Survey, CMHC). Economic data reflects the latest available at time of report.
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