HOUSING DATA

BILD Alberta is pleased to introduce the next instalment of our market housing and rental report. This report provides a comprehensive overview of housing activity across the province. This edition covers key trends from the first three quarters of 2025, including housing starts, rental market developments, construction types, pricing, and inventory.

KEY HIGHLIGHTS

• Alberta is on pace to top last year’s record with housing starts up by 21% (7,137) when compared to Q3 2024.
• Similarly, Calgary and Edmonton appear to be heading towards record breaking years with housing starts were up 20% (3,479 units) in Calgary and 23% (3,125 units) in Edmonton compared to Q3 2024.
• Grande Prairie saw a notable uptick in housing starts by 116% (172 units), and Medicine Hat by 85% (131 units) compared to Q3 2024.
• Lethbridge saw a decrease in housing starts relative to their 10-year average,
• Wood Buffalo continues to remain below their ten-year average, and Red Deer saw a modest increase compared to last year.
• Rental starts continue to contribute to the strong housing start numbers making up 37% of all housing starts in Alberta.
• Housing inventory continues to remain below ten-year averages although inventory is beginning to increase in Calgary.