Edmonton’s real estate market continues to evolve, offering new opportunities for buyers and investors while strong prices bring more sellers to market. Here’s what you need to know right now.
📊 Key Market Numbers – June 2025
Greater Edmonton Area
(Source: CREA June 2025 Stats)
Economic Indicators
Employment: Up 1.3% year-over-year with 10,700 new jobs added in Edmonton CMA
Unemployment Rate: 7.3% (steady from April but up from 7.0% last year)
Inflation (CPI): +1.6% year-over-year, indicating modest price growth in consumer goods
Building Permits: In April alone, residential building permits issued totalled $505.6 million, up 36% from April 2024, reflecting strong monthly construction activity and developer confidence in Edmonton’s housing market
New Home Starts (YTD): Single-family starts up 26% to 2,798 units; multi-family starts up 13.2% to 5,381 units.
(Source: Quarterly Market Report Q2 2025)
🏠 What Does This Mean for First-Time Buyers?
✅ More Options: New listings are up, and inventory levels are rising, giving buyers greater choice.
✅ Stabilizing Prices: While prices have increased year-over-year, month-over-month changes are stabilizing, reducing bidding war intensity in many segments.
✅ Strong Fundamentals: Edmonton continues to see positive job growth, underpinning housing demand and affordability compared to other major Canadian cities.
💡 Why Now Is a Great Time for Investors
Rental Demand Remains High: With strong net migration over the past year (despite recent slowing) and housing starts not keeping up with overall demand, rental markets remain robust.
Growing Multi-Family Starts: Multi-family starts are up 13.2% YTD, reflecting growing investor interest and population-driven demand.
Favourable Price-to-Rent Ratios: Edmonton continues to offer one of Canada’s best ratios, maximizing rental yield potential.
💰 Why Now Is a Great Time to Sell
Strong Prices: Average detached home prices are up 6% year-over-year, with many segments seeing multi-year highs.
Low Days on Market: Detached homes are selling in just 29 days on average.
Buyer Demand: Despite higher inventory, the sales-to-new listings ratio remains balanced, indicating sustained demand from serious buyers.
🤔 FAQ
Q: Are Edmonton home prices still rising?
A: Yes, average prices are up across all categories compared to June 2024, with row/townhouses seeing the largest jump at +7%.
Q: Is it a buyer’s or seller’s market right now?
A: It remains relatively balanced. Months of inventory sit at around 2.4 months for the Greater Edmonton Area, favouring neither buyers nor sellers dramatically.
Q: What’s the outlook for the rest of 2025?
A: With steady job growth, stabilized interest rates, and continued construction activity, experts anticipate moderate price growth and healthy market activity throughout the year.
Like Eric Prydz, you can Call on Me
First-Time Buyers
Thinking of buying your first home? Let’s talk strategy to navigate this relatively balanced market confidently. Contact me today.
Investors
Curious about which Edmonton neighbourhoods offer the highest rental yields right now? I’ll provide targeted insights for your next profitable purchase. Book a consultation.
Sellers
Wondering what your home is worth in today’s market? Let’s discuss your selling potential and how to maximize your return. Request a free home evaluation.
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