The perfect opportunity to embrace your inner "foodie" and unbutton your pants at the dinner table!In Canada, post-Thanksgiving is all about creative cranberry sauce solutions. Cranberry sauce pancakes, anyone?It's that time when multiple ovens are a blessing. Turkey, pies, casseroles – less stress!
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Canadian spot named a top ‘city to watch’ in North America
As someone who's spent a lifetime in Edmonton—and over 20 years guiding families through every corner of its real estate market—I'm proud to see our city recognized on the Oxford Economic Global Cities Index 2026. Edmonton lands at 125th, standing out for its economic diversification and strong growth in GDP, employment, and population. Out of all of North America, we're one of just five cities spotlighted for future potential. If you've ever wondered why locals invest here or what makes Edmonton an exciting place for your next move, this ranking says it all. I’ve seen firsthand how our city keeps evolving, and I’m always here for straight talk about what this means for you as a buyer, seller, or investor.
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Oxford Economics Names Edmonton a ‘City to Watch’ in 2026 Global Cities Index
Oxford Economics just named Edmonton a 'City to Watch' in their 2026 Global Cities Index, and as someone who's called this city home all my life, that doesn’t surprise me. Edmonton landed at 125th globally, with Calgary at 69th, but what stands out is why we’re on the radar: a 3% population growth, a resilient economy, and solid governance. Of course, this recognition comes with its own set of challenges—rising housing costs and environmental concerns are real. For families thinking about their next move or investors weighing opportunities, these shifts matter. Navigating a market like this means you need real insight and local experience, not just the headlines. That’s what I’m here for—straight talk and solutions that help you make sense of what’s happening in our city.
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Canada Home Prices Hit Their Lowest Since 2023
We’re seeing a real shift in the Canadian real estate landscape: national home prices have dropped to their lowest point since early Q2 2023. The national index, covering 11 major metros, slipped less than 0.5% month-over-month—marking eight drops in the past nine months and wiping out the brief uptick we saw not long ago. Prices are now about 4% below the late 2023 peak. That rebound we hoped would stick? It faded quickly, with the adjusted measure falling about 0.5%, its first step back in six months despite support from jobs and affordability. Year-over-year, major metro prices are down around 4%. Cities like Vancouver, Hamilton, and Toronto led the declines, while Quebec City, Montreal, and Winnipeg managed to pull off gains.
As someone who’s spent over 20 years helping Edmonton families and investors navigate these changes, I know how quickly the mood can shift. With higher bond yields on the horizon, expect new mortgage costs to rise and borrowing power to tighten—just as home sales begin to cool off again. Even when headlines turn negative, there are always opportunities if you know where to look and have someone in your corner who’s not afraid to give it to you straight. If you’re thinking about your next move in this market, let’s have a real conversation about your options.
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St. Albert Market Stays Strong Despite Slowdown
I've seen a lot of changes in St. Albert's real estate market over the years, and this fall was a classic example of our community's resilience. Activity was steady—maybe not as wild as the last couple of years, but homes were still moving, especially in that $500K to $700K sweet spot. They weren't snapped up in a single day, but they definitely didn't sit around long, either. Newer condos and duplexes with attached garages kept drawing strong interest, too.
If you're thinking of selling, there's no need to rush your listing before winter hits. Sometimes, taking those extra weeks to properly prepare—decluttering, tidying up the yard, getting those beautiful fall photos—makes all the difference. Late-fall can actually work in your favor, since fewer listings mean less competition, and you only need the right buyer to make a great match.
For buyers, having your financing, agent, and legal pieces lined up is still essential. After two decades helping Edmonton families, I can tell you: preparation and patience always pay off in St. Albert's market.
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Mortgage Rates Face a New Reality
We’re seeing a new chapter unfold for mortgage rates in Canada, and for many Edmonton families, that means working through some real affordability challenges. Elevated borrowing costs and the ongoing uncertainty in the economy are shaping how people approach buying, selling, or investing in real estate—decisions are getting more careful, and every dollar matters.
It’s true that lower rates could eventually help, but so much depends on inflation, the wider economy, and what the Bank of Canada decides next. Right now, higher financing costs are directly affecting what buyers can afford, how investors plan their next move, and whether refinancing makes sense.
After 20 years in Edmonton real estate, I know that waiting for the perfect rate isn’t a strategy. Success comes from making informed choices based on what’s happening today—not just betting on what might change tomorrow. If you’re navigating these conditions, a clear-eyed approach matters more than ever.
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Home Developers Ready to Adapt to Canadian Tariffs
There’s a new wrinkle for anyone thinking about building or renovating: Canada is planning retaliatory tariffs on U.S. goods, which could mean higher prices on hardwoods, cabinets, and appliances. With lumber costs already up from the pandemic, many builders are locking in longer contracts to help shield buyers from more price hikes as trade issues play out. After 20+ years helping Edmonton families navigate every twist in the market, I know how important it is to stay a step ahead—especially when unpredictable costs could impact your next move. If you’re planning a project or weighing your options, let’s make sure you’re not caught off guard by these changes.
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Fall 2026 Housing Supply Report
As someone who's spent over two decades helping Edmonton families navigate the real estate market, I keep a close eye on where our city stands compared to the rest of Canada. According to the Fall 2026 Housing Supply Report, most major cities are struggling with a housing supply gap—except for Calgary and, yes, Edmonton. While construction is slowing down across the country, putting affordability at risk, our local market is holding steady. Most of the new supply is coming from rental housing, which means fewer options for those looking to own. Weak condo construction is a big part of that story. The takeaway? To keep ownership within reach, we need more housing starts and the infrastructure to support them. In Edmonton, we're in a better position, but staying ahead takes real solutions, not just talk. That’s always been my approach—straightforward, practical, and focused on what actually works for you.
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Canada Poised for Homebuilding Growth Beyond 2025
Canada’s latest housing numbers show a 2% dip in national housing starts this month—down to 17,691 units—and a 4% decline for the year so far. Montreal and Vancouver saw some growth, Toronto held steady, but overall, we’re feeling the impact of high costs, softer demand, and too much inventory. Experts are warning this slowdown could last through 2028. After two decades helping Edmonton families and investors, I’ve seen how these national shifts can play out locally—sometimes in ways you don’t expect. The market keeps changing, but straight talk and local know-how still set you up to make smart moves. If you’re wondering how these numbers might affect your next step, you’re not alone; let’s keep it real and find the right solution for your goals.
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Canada Is Looking Beyond the U.S.
Canada is turning the page, looking beyond the U.S. and building bridges with Europe to create a broader economic future. This shift isn’t just about selling more goods—it touches energy, AI, critical minerals, and infrastructure, all opening up fresh possibilities for investment across borders. As someone who’s spent over two decades helping Edmonton families and investors spot opportunity where others might not look, I see how this kind of move could redirect capital and spark new chances for Canadian businesses and projects. The real story here? It’s not just about our southern neighbor anymore—Canada’s next chapter might be written through new international partnerships. For those keeping an eye on what could shape our market, these are the kinds of changes that matter.
