In the newly released 2026 Where to Buy Real Estate in Canada report by MoneySense and Zoocasa, one city stands out for doing the impossible: growing fast while keeping prices down. Edmonton has earned the #3 spot nationally — and it’s the only major metropolitan area building enough for new housing to stay affordable over the next decade.
While national markets saw a dip in buyer confidence due to economic shifts and interest rate cycles, Edmonton’s stability is turning heads from coast to coast.
“For people selling in the GTA or Vancouver... it doesn't hurt paying a third of the cost,” says Aligul Arslan, an Edmonton-based eXp real estate agent.
With a benchmark home price of $408,300, Edmonton offers a rare opportunity: first-time buyers are skipping the "starter" condo and moving straight into detached single-family homes in the $400k–$600k range.
What makes Edmonton especially attractive is stability. This stability has not gone unnoticed. Investors priced out of Calgary’s hotter market are increasingly turning their attention to Edmonton, drawn by more favourable cash-flow opportunities and a less volatile, buy-and-hold environment.
As Canada’s housing market continues to evolve amid economic uncertainty and shifting interest rates, Edmonton’s measured and sustainable approach may very well serve as a model for other cities.
What are your thoughts?
Are you considering buying in Edmonton this year?
Source: MoneySense 2026 Real Estate Report / Zoocasa Data.
