HOUSING DATA

BILD Alberta is pleased to present its Quarterly Housing and Rental Market Report. This report captures housing activity across Alberta and provides an overview of trends observed in Q1 2026, including housing starts, rental activity, construction types, pricing, and inventory.

KEY HIGHLIGHTS

• Housing starts in Alberta decreased by 16% compared to Q1 2025.
• The Calgary region recorded a 20% decrease in housing starts, while the Edmonton region saw a 17% decrease over Q1 2025.
• Grande Prairie, Medicine Hat, Red Deer and Lethbridge all experienced strong growth in housing starts year-over-year.
• Purpose-built rentals continue to play a major role in driving housing starts, accounting for 34% of all starts in Alberta.
• Inventory levels have increased across Alberta from Q1 2025, with Edmonton and Calgary both surpassing their 10-year averages.
• Home prices remain elevated across Alberta, with all regions experiencing year-over-year increases and prices well above historical averages.