HOUSING DATA

BILD Alberta is pleased to introduce the next instalment of our market housing and rental report. This report highlights housing activity across the province and recaps what we saw in 2025, including housing starts, rental trends, pricing, inventory, and population growth.

KEY HIGHLIGHTS

• 2025 was the highest year on record for housing starts in Alberta, surpassing last year’s records by 14%.
• The Edmonton region broke its previous 2015 all-time record once again for housing starts as demand picked up in the Capital Region.
• The Calgary region broke its housing start record for the fourth consecutive year as elevated demand continued.
• Housing starts increased substantially for the following mid-sized municipalities compared to 2024, Grande Prairie (+89%), Medicine Hat (+64%) and Red Deer (+14%).
• With record-level housing starts, Alberta’s inventory has nearly caught up to the ten-year average.
• 2025 marks a historic high for rental housing, with almost 20,000 starts, nearly triple the levels seen a decade ago.
• Alberta rental starts increased by 37% from 2024. With supply catching up to demand, rental price increases are now slowing in Calgary and Edmonton.
• Purpose-built rentals continue to make up over a third of all housing starts as elevated demand drives construction.
• Despite high residential construction activity, housing prices remain at all-time highs due to inventory and vacancies below ten-year averages.