Fall Housing Trends: What Alberta Buyers Need to Know
November 3, 2025

Discover why Alberta is a buyer's market this fall 2025. Lower rates boost home affordability. Find out how to make your move with expert guidance.
November 2025 time to buy a home in Edmonton or Calgary Alberta

The Canadian housing market is showing signs of slowing this fall. According to the latest report from the Canadian Real Estate Association (CREA), home sales across the country dropped slightly in September, ending a few months of small gains. Although September had the strongest sales since 2021, activity is still below the long-term trend.

New listings and average home prices also fell compared to August. In Alberta, home prices are holding relatively steady, but buyers have more options than they did earlier in the year.

Oct 2025 Canada real estate sales and listings

Bank of Canada Rate Cut

This fall, the Bank of Canada cut its policy rate by 0.50%. Lower rates usually encourage more people to buy homes, which may increase activity through the rest of 2025 and into spring 2026.

Nationally:

  • Home sales were down 1.7% from last month but up 5.2% year-over-year.

  • New listings dropped 0.8% from last month.

  • The average national home price decreased 0.6% from August to $682,800.

Experts say uncertainty about inflation and the economy may keep buyers cautious, which could put downward pressure on prices.

What’s Happening in Alberta

Alberta’s housing market is more balanced than some other provinces. Sales have dipped slightly, while inventory has risen, giving buyers more choice. Calgary and Edmonton are seeing steady activity, and additional new construction should help keep prices from rising too fast.

Affordability is improving slowly. Mortgage rates have eased, and home prices are down slightly from their peak, making it a good time to consider buying or renewing your mortgage.

Forecasts for 2025-2026

Housing experts expect national home prices to drop slightly this year but rebound next year:

  • CREA predicts a national average home price of $676,705 for 2025, rising to $698,622 in 2026.

  • The number of home sales is expected to increase next year as well, especially in the Prairies, including Alberta.

Several factors could affect the pace of home sales and prices:

  • Trade uncertainties and economic slowdowns may reduce demand.

  • More homeowners coming up for mortgage renewal could list their homes, increasing supply.

  • Population growth and limited new construction still put pressure on supply.

Rent and Housing Costs

Downtown Calgary from the Peace Bridge over the Bow River

Alberta remains one of the most affordable provinces for housing. The average rent in Alberta fell 5.5% year-over-year to $1,734 in September 2025. This makes owning a home more attractive, especially with current mortgage rates lower than a year ago.

You Need a Mortgage Broker

With so much happening in the housing market, it’s easy to feel overwhelmed. This is where a mortgage broker like me can help. I can:

  • Explain how much home you can afford based on your income and debts

  • Find the best mortgage rates and terms for your situation

  • Help you navigate government incentives for first-time buyers

  • Guide you through the mortgage approval process so you don’t miss out on opportunities

Buying a home is a big financial decision, and having a trusted expert on your side can make all the difference.

Fall is a time when the housing market tends to slow, but with lower mortgage rates, balanced inventory, and improving affordability, Alberta buyers have an opportunity to make smart moves. Whether you’re a first-time buyer or looking to upgrade, now is a good time to plan your next steps and work with a professional like myself who knows the market inside and out. Let’s talk!

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