Edmonton Real Estate Market Update: July 2026
Posted by Corey Sylvester on
Edmonton Real Estate Market Update: July 2026
Sylvester Realty Group | Exquisite Homes, Exceptional Service Edmonton, AB — August 2026
Quick answer: Edmonton home sales fell 7.6% in July 2026 compared to June and 11.0% compared to July 2025, the clearest sign yet that this spring's market intensity has faded into ordinary summer seasonality. Average sale price was $475,079 (down 1.8% from June, up 2.6% year-over-year), while the MLS® Home Price Index benchmark held flat year-over-year at $429,100. Inventory remains 17.9% higher than a year ago, so buyers still have real selection heading into fall.
Last month's numbers were a bit of a Rorschach test, good news or bad news depending which comparison you picked. July doesn't leave much room for…
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Image sourced from Bank of Canada website: https://www.bankofcanada.ca/2023/07/fad-press-release-2023-07-12
The Bank of Canada stated that "Canada’s economy has been stronger than expected, with more momentum in demand. Consumption growth has been surprisingly strong at 5.8% in the first quarter. While the Bank expects consumer spending to slow in response to the cumulative increase in interest rates, recent retail trade and other data suggest more…
One of the best reasons to buy a house this time of year,…