HOUSING DATA

BILD Alberta is pleased to introduce the next installment of our market housing and rental report. This report highlights housing activity across the province and recaps what we saw in Q2 2026, including housing starts, rental trends, housing types under construction, pricing, and inventory.

KEY HIGHLIGHTS

• Housing starts eased in 2026 with year to date (YTD) housing starts down 21% (5,825 units) in Alberta compared to Q2 2025.
• For 2025, Alberta continues to lead the country and is significantly outpacing British Columbia (25% higher) while marginally outpacing Ontario (1.9% higher).
• Housing starts are down 23% (3,361 units) in Calgary and 20% (2,184 units) in Edmonton compared to Q2 2025.
• Lethbridge and Grande Prairie continue to see an uptick in housing starts compared to Q2 2025, with Grande Prairie nearly doubling.
• Medicine Hat remains near the 10 year average, Wood Buffalo continues to remain below their ten-year average and Red Deer saw a modest decrease compared to last year.
• Rental starts eased from 2025's record pace but continue to make up a significant share of housing starts in Alberta (37% YTD). Rental construction activity remains near record highs, with over 23,000 units currently under construction in Calgary and Edmonton alone.
• Housing inventory increased across most regions in 2026, with Alberta and Calgary inventory now above their ten-year averages.