What’s happening in the market today?

Below is your November 2025 market update for the Greater Edmonton Area and the City of Edmonton.

Sales slowed from October, but listings fell even faster and prices remain a few percent higher than last year. Inventory is about one-third higher than November 2024, giving buyers more choice while still sitting in that “leaning-toward-seller” 3–4 months-of-inventory range.

At a Glance — Greater Edmonton Area (November 2025)

Total residential (detached, semi-detached, row/townhouse, apartment condo). RAE News Release - December 202… NOVEMBER_2025_MonthlyStatsBoard

Quick read: sales slowed from October, but listings fell even faster and prices remain a few percent higher than last year. Inventory is about one-third higher than November 2024, giving buyers more choice while still sitting in that “leaning-toward-seller” 3–4 months-of-inventory range. NOVEMBER_2025_MonthlyStatsBoard

At a Glance — City of Edmonton (November 2025)

Zooming in on the City of Edmonton only: NOVEMBER_2025_MonthlyStatsBoard

Edmonton proper is following the same script: fewer sales than October, more listings than last year, and prices that are still up modestly year-over-year.

Segment Breakdown — November 2025

1. Average Prices by Property Type (Greater Edmonton Area)

2. Sales Counts by Property Type (Greater Edmonton Area)

Detached homes still dominate the market, but the gap between single-family and attached/condo product remains much smaller than it was a few years ago.

3. Days on Market by Property Type (Greater Edmonton Area)

(Blue bars on page 3 of the stats board.) NOVEMBER_2025_MonthlyStatsBoard

We’re clearly in “longer than last year, but not extreme” territory—especially for semis and condos, where DOM has stretched the most.

The Bigger Picture: 2025 vs 2024 So Far

CREA’s five-year activity tables are helpful for putting this year in context. NOVEMBER_2025_CREA EDMOstats

Greater Edmonton Area — Year-to-Date (Residential)

Takeaways:

• More listings, fewer sales: YTD, we’ve had more new listings than 2024, but slightly fewer completed sales.

• Prices are higher: The average residential price year-to-date is up over $25,000 compared to last year, and the median is higher as well.

• Market balance is improving: A lower sales-to-new-listings ratio means buyers have a bit more leverage than they did in 2024, even though it’s far from a deep buyer’s market.

What This Means for Buyers

If you’re shopping this winter, November’s numbers are quietly good news:

• More choice than last year. Inventory is about one-third higher than last November, and months of inventory sit in the mid-3 range—enough supply to compare options instead of jumping at the first listing that appears. RAE News Release - December 202…

• Longer days on market = more negotiation. Semis, townhomes, and condos are spending 10–15 extra days on market compared to last year on average. That usually translates into more flexibility on price, conditions, or possession dates. NOVEMBER_2025_MonthlyStatsBoard

• Prices are stable, not spiralling. Average prices did dip slightly from October, but they’re still a couple of percent higher than last year across most segments. That’s a sign of a market cooling seasonally, not collapsing.

And in the background, the Bank of Canada’s overnight rate is now 2.25% after the October cut, which has taken a bit of pressure off variable-rate borrowing and signalled a more stable rate path for 2026. Bank of Canada+1

Buyer tip:

Get pre-approved with a 90–120 day rate hold, then focus your search on homes that have been on the market longer than 30 days or have had a recent price adjustment. In this environment, those listings often represent the best combination of motivation + value.

What This Means for Sellers

For sellers, November’s stats are a reminder that strategy matters more as the market balances out:

• Price has to match today’s market. Average and median values are up year-over-year, but buyers are price-sensitive and have more options than they did in 2024. Overpricing, even slightly, can push your DOM well above the average 40–45 days. NOVEMBER_2025_MonthlyStatsBoard

• Detached is still the star of the show. Single-family homes hold the highest price point and continue to see the most sales. A well-prepared detached listing in a sought-after neighbourhood can still move quickly—especially if it’s updated, move-in ready, and marketed properly. RAE News Release - December 202…

• Attached and condo sellers need a sharper game plan. With higher DOM and more competition, presentation (staging, decluttering, professional photos/video) and smart pricing bands are critical for townhomes and condos in particular.

Seller tip:

Watch the first two weeks on the market like a hawk. If we’re not getting showings or serious interest by then, it’s usually better to adjust strategy quickly than to sit for 60+ days and become “stale inventory.”

Planning a Move in Early 2026?

Putting this all together:

• Buyers are walking into a market with more listings, stable prices, and slightly friendlier borrowing costs than earlier in 2025.

• Sellers still benefit from relatively low months-of-inventory and year-over-year price gains—but need to be realistic and data-driven on pricing. NOVEMBER_2025_CREA EDMOstats

If your goal is to make a move in the first half of 2026, this winter is a great time to:

1. Get your financing plan in place.

2. Have me prepare a hyper-local market evaluation for your specific neighbourhood and property type.

3. Build a timeline that lines up prep work, listing, purchase, and possession in a low-stress way.

FAQ

Is Edmonton in a buyer’s market yet?
Not at this point. With roughly 3.6 months of inventory across the Greater Edmonton Area and just under 4 months in the city, we’re closer to “balanced with a slight seller tilt” than a true buyer’s market. NOVEMBER_2025_MonthlyStatsBoard

Which segment has the best opportunities right now?
Condos and some row/townhomes offer the most negotiating room, thanks to higher days on market and more active listings relative to demand. Detached homes still see strong interest, especially in family-friendly communities and updated product.

Should I wait until spring to list?
Not necessarily. Serious buyers keep shopping through winter—often with less competition from other listings. If your home photographs well in winter and you’re priced in line with recent sales, you can still achieve a strong result before the traditional spring rush.

Let’s Make a Plan

Whether you’re thinking about buying your first place, trading up, downsizing, or relocating within Edmonton, the right move in this market is a planned move.

If you’d like a breakdown of what these November numbers mean for your street, building, or community, reach out anytime and I’ll put together a custom strategy tailored to your goals.

Call or text 780-232-2064 or email mike@pabianrealty.ca and we’ll map out your plan for 2026.

Sources

• REALTORS® Association of Edmonton — November 2025 Residential Statistics & Monthly Market Statistics. NOVEMBER_2025_MonthlyStatsBoard RAE News Release - December 202…

• CREA / REALTORS® Association of Edmonton — November 2025 CREA EDMO Stats & Five-Year Residential Activity. NOVEMBER_2025_CREA EDMOstats

• Bank of Canada — Policy rate announcement, October 29, 2025 (2.25% overnight rate).

If this is your first winter in Edmonton: welcome, and… take a deep breath. It’s cold. It’s dark. But it’s also bright, sunny, and surprisingly fun once you know how to handle it.

This guide is meant to feel like a local walking you through everything: how cold it actually gets, what to wear, how to prep your car and home, what the snow-clearing rules are, and how to use Alberta’s Utilities Consumer Advocate tool so your heating bill doesn’t knock you over harder than an icy sidewalk.

1. What Edmonton Winter Really Feels Like

Edmonton has a classic Canadian winter: long, cold, and dry. Average January temperatures hover around -10°C, with typical lows closer to -15°C—and we still get stretches below -20°C. (Wikipedia)

A few key realities:

• Wind chill is a big deal. A calm -10°C day is totally manageable with good layers. Add wind, and it can feel like -25°C or worse. Weather apps show this as “Feels like.” (University of Alberta)

• Cold snaps come and go. You might get a mild week around 0°C, followed by a deep freeze at -30°C.

• It’s cold but sunny. Edmonton is one of Canada’s sunniest cities, with over 2,200 hours of bright sunshine a year. That helps more than you’d think. (Wikipedia)

Bottom line: the cold is real, but with the right gear and habits, it’s totally liveable.

2. Dressing for Success: How to Actually Stay Warm

Locals don’t “tough it out” in thin jackets. We dress for it—and that makes all the difference.

Think in layers

Use a simple three-layer system:

1. Base layer (against your skin)

   • Materials: merino wool or synthetic.

   • Avoid: cotton—it stays damp and makes you cold.

2. Mid layer (insulation)

   • Fleece, wool sweater, or a light down/puffy jacket.

3. Outer layer (shell)

   • A windproof, water-resistant winter jacket or parka.

Essentials you’ll actually use

• Winter parka – Look for something insulated, with a hood you’ll actually wear.

• Winter boots – Insulated, waterproof, with good tread. Look for temperature ratings and grippy soles.

• Socks – Wool or wool-blend. Two thin layers > one super-thick sock.

• Gloves or mitts – Mittens are usually warmer than gloves. Many locals keep a backup pair in their coat or car.

• Toque (beanie) – You’ll wear one almost daily.

• Neck gaiter / buff / scarf – Helps with wind, especially on your face and neck.

• Face protection on very cold/windy days – Balaclava, ski mask, or doubling up with a buff over your nose.

If you’re wondering if you’re overdressed, you’re probably dressed just right for your first winter.

3. Winter Tires: Non-Negotiable for Safety

In Alberta, winter tires aren’t legally mandatory on city streets—but they’re strongly recommended. (Alberta Transportation)

Here’s what matters:

What “winter-certified” means

When you shop for tires, look for the three-peak mountain and snowflake symbol (3PMSF) on the sidewall. That mark means the tire meets specific snow-traction standards and is designed for severe winter conditions. (Transport Canada)

• All-season tires are not enough once temperatures drop below about 7°C. Rubber hardens in the cold, you lose traction, and stopping distances get longer. Winter tires stay softer and grippier at low temps. (Transport Canada)

• Install four matching winter tires, not just two—mixing them front/back can make your vehicle unstable.

Timing and other tips

• Aim to switch to winter tires in late October or early November, before the first major snowfall.

• Consider studded tires if you spend a lot of time on rural or icy roads—Alberta allows them. (Continental Tires)

• Many insurers in Canada offer small discounts for using proper winter tires; it’s worth asking. (Continental Tires)

If you drive here regularly in winter, proper winter-rated tires are just as important as your winter coat.

4. Car Prep: Block Heaters, Batteries & Emergency Kits

Beyond tires, your vehicle needs a winter game plan.

Block heater basics

Most Alberta vehicles have a block heater—an electric element in the engine that helps it start in very cold weather.

• Plug in around -15°C or colder, or earlier if your vehicle struggles (some people use -20°C as their rule of thumb).

• Use a timer so it turns on 2–3 hours before you drive, instead of running all night.

Other vehicle must-dos

• Battery check: Cold weather exposes weak batteries. Consider testing or replacing one that’s more than 4–5 years old.

• Winter washer fluid: Make sure it’s rated for at least -40°C, and keep extra in the trunk.

• Good ice scraper and snow brush: You’re expected to clear your entire windshield, windows, mirrors, and lights—not just a peephole.

• Wiper blades: Replace worn blades; winter-style blades handle ice and slush better.

• Fuel level: Don’t run near-empty. Keeping the tank at least half full is safer in case of delays or emergencies.

Winter emergency kit for your car

Keep a simple kit in your trunk:

• Blanket or sleeping bag

• Extra mitts and toque

• Booster cables

• Small shovel

• Sand or kitty litter (for traction)

• Phone charger

• Non-perishable snacks and water (water stored in plastic, allowing for expansion)

5. Getting Around: Driving, Parking Bans & Sidewalk Rules

Snow and Ice Control & parking bans

The City of Edmonton uses a priority system for clearing roads—major freeways and bus routes first, then key arterials, then residential streets. (City of Edmonton)

When conditions warrant, the City can declare seasonal parking bans:

• You’ll get at least 8 hours’ notice before enforcement starts. (City of Edmonton)

• During a ban, you must move your vehicle from signed routes (like bus routes and certain major roads) until they’re cleared.

• The City’s Roadways Snow Clearing Map shows which routes are done, and local news/City social media push alerts. (City of Edmonton)

Ignoring a parking ban can lead to a ticket or tow, so it’s worth paying attention to those notifications.

Sidewalk snow & ice rules

As a property owner or tenant responsible for a property, you are expected to clear the public sidewalks adjacent to it:

• The City requires sidewalks to be cleared “as soon as possible” down to the pavement, across the full width and length. You can use sand or ice melt as a temporary measure. (City of Edmonton)

• Corner lots must clear both sides. (Yardworx)

If you don’t clear your sidewalk, you may get a notice and, eventually, a fine—and the City may clear it and bill you.

Winter driving etiquette locals follow

• Slow down earlier than you think you need to. Stopping distances are much longer on packed snow or ice.

• Increase your following distance.

• Gentle everything: steering, braking, and accelerating.

• Watch for “black ice.” Shiny, wet-looking patches when it’s below zero are often ice.

• Leave room for plows and sanding trucks—they’re keeping everyone safer.

6. Home Prep: Staying Cozy and Avoiding Winter Headaches

Your home is your winter headquarters. A few proactive steps make a huge difference in comfort and cost.

Furnace & heating

• Change your furnace filter every 1–3 months during heavy use. A dirty filter makes your furnace work harder and can increase your bills.

• If you’re renting or unsure, ask where the filter is and what size you need.

• Consider a furnace tune-up with a qualified technician before or early in winter to help with efficiency and safety.

Thermostats & humidity

• A programmable or smart thermostat helps you reduce usage while you’re asleep or away, without coming home to a freezing house.

• Edmonton’s winter air is very dry. A humidifier (portable or whole-home) can:

  • Make the air feel warmer at lower temperatures

  • Reduce static shocks

  • Help with dry skin and throat

Aim for indoor humidity around 30–40% in winter to balance comfort and reduce condensation.

Pipes, doors & windows

• Check for drafts around doors and windows; use weatherstripping or draft stoppers.

• On extremely cold nights, open cabinets under sinks on exterior walls and keep the heat on to reduce the risk of frozen pipes.

• Don’t fully cover or block heat registers with furniture.

Snow, ice & exterior maintenance

• Clear steps, walkways, and your driveway regularly, not just after a big storm. Light, frequent shovelling is much easier than tackling 20 cm at once.

• Use ice melt or sand on slippery spots.

• If you have a balcony, deck, or rooftop access, be careful with heavy snow loads—don’t chop ice directly on roofing materials, which can damage them.

7. Utilities 101: Using the Utilities Consumer Advocate Tool

Heating is a major winter expense, so understanding your utility options is huge.

The Utilities Consumer Advocate (UCA) is a Government of Alberta service that helps you compare electricity and natural gas rates and retailers. (UCA Helps)

Step-by-step: How to use the Cost Comparison Tool

1. Go to the official site

   • Visit the UCA website and open the Cost Comparison Tool. (UCA Helps)

2. Enter your location

   • Type in your Edmonton postal code (e.g., T6M …). The tool uses this to pull up retailers and distribution companies available in your area. (UCA Helps)

3. Choose your energy type

   • Select electricity, natural gas, or both, depending on which utility you want to compare.

4. Add your usage (if you know it)

   • You can enter your monthly kWh (electricity) or GJ (natural gas) from a past bill for more accurate estimates. If you’re new and don’t know yet, you can still see basic rate comparisons.

5. Filter plan types

   • Use the Filter options to choose:

     • Fixed rate vs variable (regulated) rate plans

     • Contract length

     • Other preferences (like green energy). (UCA Helps)

6. Compare retailers side by side

   • Select up to three plans and click Compare to see them beside each other with:

     • Energy rate (¢/kWh or $/GJ)

     • Admin fees

     • Estimated monthly cost based on your usage

     • Contract terms, cancellation fees, and any bonuses. (UCA Helps)

7. Look beyond just the rate

   When comparing, pay attention to:

   • Energy rate (obvious cost driver)

   • Admin fees (those $X/month or per-GJ charges add up) (UCA Helps)

   • Contract length and exit fees

   • Whether it’s a regulated rate option (RRO) or a competitive retailer plan

If you’re overwhelmed, the UCA also offers free support and education sessions (like their “Power Hour”) to help you understand your bills and choices. (UCA Helps)

8. Daylight, Mood & Staying Sane

Winter here isn’t just about the cold—it’s also about short days. By December, sunsets are around 4:15–4:30 pm.

A few local survival tricks:

• Get outside in daylight whenever you can—lunch walks, weekend park visits, even a quick stroll to the corner store.

• Consider a daylight lamp / SAD lamp if you struggle with low energy or low mood.

• Stay socially active: skating in the river valley, winter festivals, local coffee shops, rec centres, and community leagues help winter feel less isolating.

9. Everyday Things Newcomers Don’t Expect

Here are a few “little” details that locals take for granted:

• Boot trays at every door. Snow melts and turns to puddles quickly.

• Always carry backup gear. Extra mitts, a toque, maybe a spare base layer in your bag—especially if you’re out all day.

• Plan extra travel time. Commutes are slower when roads are snowy or icy.

• Watch metal surfaces. Playground equipment, railings, and outdoor benches can be very cold—avoid skin contact in frigid temperatures.

• Mind your phone battery. Cold drains batteries quickly; keep your phone in an inside pocket close to your body.

• Learn your bus routes’ winter quirks. Some stops are wind tunnels, some sidewalks are slower to be cleared. Edmonton Transit posts winter updates on the City website. (City of Edmonton)

10. Final Thoughts: You’ve Got This

Your first Edmonton winter can feel intimidating—but it doesn’t have to be miserable.

If you:

• Dress in proper layers

• Invest in true winter-rated tires

• Prep your car and home for the cold

• Know the basics of snow rules and parking bans

• Use tools like the Utilities Consumer Advocate to manage your costs

…you’ll be miles ahead of where most newcomers start.

Before long, you’ll catch yourself doing something very “Edmonton”: sipping coffee in a warm cafe in the middle of a snowstorm, saying “it’s actually not that bad today.”

If you’d like to learn more about what makes Edmonton a great place year round, reach out to Mike Pabian at mike@pabianrealty.ca or call/text him at 780-232-2064.

2026 is shaping up to be one of those years where you can feel Edmonton leveling up.

Major recreation projects are finally opening, Hawrelak Park is coming back to life, big policy moves are hitting the street level in a meaningful way, and the concert and festival calendar is legitimately stacked and seemingly growing every week.

Here’s a tour through some of the biggest things Edmontonians can look forward to in 2026—from new rules and rebuilt parks to stadium shows and classic “Festival City” weekends.

1. The Policy & City-Building Stuff (That Actually Affects Daily Life)

Affordable housing targets turning into real buildings

Back in 2023, Edmonton set a medium-term target of 2,700 units of affordable housing by 2026 under its Affordable Housing Strategy and related investment plans.

As of early 2025, the City has already:

• Committed funding and/or land to support 2,922 units—surpassing that 2,700-unit target

• Seen 260 units completed, with 2,319 under construction and 343 more in planning, spread across multiple neighbourhoods rather than concentrated in just a few areas

That means 2026 isn’t just about “policies on paper”—it’s a year when a lot of these homes are finished, occupied, and actually part of the streetscape.

Edmonton’s new zoning rules becoming refined

On January 1, 2024, Edmonton officially replaced its old Zoning Bylaw 12800 with Zoning Bylaw 20001—a major reset intended to simplify zones and allow more “gentle density” (suites, rowhousing, small-scale apartments) in more neighbourhoods.

By 2026:

• The new bylaw is fully in force, and

• Council and administration are in the fine-tuning phase—using real-world results to adjust things like height, unit counts, and where multi-unit housing makes sense.

What that means for everyday Edmontonians:

• If you own a typical residential lot, there may now be more options for suites, garden/garage homes, or small-scale infill than a few years ago.

• If you’re a buyer, you’ll see a wider mix of housing types—especially in mature areas close to transit and amenities.

It’s a big and at times, uncomfortable, change but it quietly shapes what your block looks and feels like over the next decade.

LRT: Still construction… but clearly heading somewhere

No, you’re not riding brand-new LRT lines in 2026—but the work that’s clogging up your commute is leading somewhere. The Valley Line West (downtown to Lewis Farms) construction is deep into its middle phase. The City and Alberta’s project tracker both point to construction finishing around 2028, followed by testing before opening.

• Capital Line South (Century Park to north of Ellerslie) began major construction in 2025. The City expects 4–5 years of major work, plus testing, putting opening into the late-2020s.

In 2026 you’ll still see lane closures, detours, and pylons—but you’ll also see overpasses, trackwork, and stations taking shape, especially along 87 Ave in the west and 111 Street in the south.

2. The Big 2026 Openings: Velodrome, Pool & Hawrelak Park

This is the exciting part: big community assets actually opening.

Coronation Park Sports & Recreation Centre + Peter Hemingway Pool

In north-central Edmonton, the brand-new Coronation Park Sports and Recreation Centre is scheduled to open in early 2026 as a major sport and community hub.

Highlights:

• A 250-metre indoor cycling track (velodrome) with spectator seating for up to 940 people

• A walking/running track, large fitness centre, bouldering (climbing) wall, gym courts, studios, indoor play space and more

• A direct connection to the rehabilitated Peter Hemingway Aquatic Centre, creating one integrated facility

• A design that aims for a UCI “Category A” level—qualifying it to host major national and international cycling events if certified

For surrounding neighbourhoods like Woodcroft, Inglewood, North Glenora and the Coronation/Westmount area, this instantly becomes the rec destination—especially in winter. For the rest of the city, it’s Edmonton’s newest high-end indoor sport facility and a showcase for big events.

Hawrelak Park: Back after a three-year makeover

William Hawrelak Park closed in March 2023 for a full, above- and below-ground overhaul of aging infrastructure—everything from deep utilities to roads, buildings, amphitheater seating, and the lake.

By fall 2025, the City reported that:

• Roadways and pathways had been repaved,

• New playground equipment was being installed,

• The lake had been cleaned, reshaped and refilled,

• Power and utility upgrades were substantially complete, and

• Construction was on time and on budget, with reopening anticipated in winter 2025/26.

Scope-wise, the rehab touches almost everything:

• Utilities: full replacement of storm, water, irrigation, power and telecom infrastructure

• Facilities: modernization of the main pavilion, boat house, washrooms, service yard and Heritage Amphitheatre, plus added gender-inclusive washrooms and better year-round usability

• Open spaces: a new playground, upgraded dock, redesigned paths, improved crossings, more accessible picnic sites, and refreshed lighting and landscaping

For 2026, that means:

• One of Edmonton’s most beloved river valley parks rejoins your weekend rotation,

• Iconic festivals that were temporarily relocated—like Heritage Festival (the big one), Silver Skate, Freewill Shakespeare, and Symphony Under the Sky—now have a fully modernized “home base” to plan their long-term return to, even as Heritage Festival spends 2026 in its expanded Exhibition Lands/Borden Park setup

• And over the next few years, you’ll see more programming and major events gradually shifting back to a Hawrelak that’s been rebuilt for the next several decades.

Between Coronation and Hawrelak, 2026 is a huge year for “big public spaces” in central Edmonton.

3. Winter 2025–26: Lights, Banksy, and Beating Cabin Fever

Winter spans two calendar years, so some of the coolest 2026 experiences actually start in late 2025 and roll into January.

Winterruption YEG – January 21–25, 2026

Winterruption YEG is back downtown from January 21–25, 2026, with a multi-venue mix of live music, comedy, drag, and outdoor programming.

It’s basically an excuse to fight cabin fever with wristband-style nights out in the core.

The Art of Banksy: Without Limits – until January 11, 2026

At Edmonton City Centre East, The Art of Banksy: Without Limits runs from October 17, 2025 through January 11, 2026, bringing more than 60 original works plus large-format installations from the famously anonymous street artist.

Pair it with Winterruption or a downtown date night and you’ve got a very un-boring January.

Classic winter light traditions (all wrapping in early 2026)

If you love twinkle lights and hot drinks in mittens, winter 2025–26 offers:

• Zoominescence: A Festival of Light at the Edmonton Valley Zoo – Dec 5, 2025 to Jan 4, 2026

• Candy Cane Lane – West-end Christmas lights along 148 St from Dec 12, 2025 to Jan 2, 2026

• Magic of Lights – drive-through light experience at RAD Torque Raceway from Nov 20, 2025 to Jan 3, 2026

All of these spill over into early 2026, which is perfect timing as Hawrelak and Coronation get ready to reopen and winter programming ramps up.

4. Spring & Summer 2026: Festivals in Full Force

Once the snow melts, Edmonton slides right back into Festival City mode.

Edmonton Craft Beer Festival – March 6–7, 2026

At the Edmonton EXPO Centre, the Edmonton Craft Beer Festival runs March 6–7, 2026, with:

• 150+ breweries, cideries, distilleries and RTD brands

• 20+ local food vendors

• Live music and tasting sessions stretched across multiple halls

If you’re a local food-and-drink person, this one is basically a calendar lock.

Taste of Edmonton – July 16–26, 2026

Downtown’s food festival, Taste of Edmonton, is scheduled for July 16–26, 2026, offering 11 days of dishes from local restaurants, live music and arts programming.

You get that classic “after work, wander through the square and graze” summer vibe right in the core.

K-Days – July 17–26, 2026

Right on top of Taste (calendar-wise), K-Days runs July 17–26, 2026 at the EXPO grounds:

• Midway rides and games

• Fair food in all its forms

• A full K-Days music lineup and special theme days

If you have kids—or just a soft spot for mini-donuts—this is a must.

Edmonton Heritage Festival – August 1–3, 2026

You can’t talk about summer in Edmonton without talking about Heritage Festival.

In 2026, the Edmonton Heritage Festival is scheduled for the August long weekend – August 1–3, 2026, continuing its run as a three-day, free, family-friendly celebration of multiculturalism.

A few quick stats that show just how big this one is:

• Up to 100 cultures and countries represented

• 60+ outdoor pavilions and tents

• Hundreds of performances on multiple stages

• A massive range of traditional foods, crafts, and cultural displays, with the festival also acting as a major fundraiser for Edmonton’s Food Bank

Because Hawrelak Park has been closed for rehabilitation since 2023, the festival has been temporarily based at Edmonton Exhibition Lands and Borden Park—and 2026 event listings still show that Exhibition Lands/Borden Park footprint for the August long weekend.

With Hawrelak anticipated to reopen in winter 2025/26, 2026 becomes a bit of a “transition year”:

• The festival continues at its expanded Exhibition Lands/Borden Park site, which was upgraded to handle large crowds during the Hawrelak closure

• At the same time, the fully rehabilitated Hawrelak—complete with renewed utilities, paths, and amphitheatre—returns as the festival’s traditional home base for future years, supported by an agreement and “right to return” understanding between organizers and the City

Bottom line: if you’re new to Edmonton in 2026 and you only pick one major summer event to understand how multicultural and community-driven this city really is, Heritage Festival is it.

Edmonton Folk Music Festival – August 6–9, 2026

Gallagher Park’s hillside will once again host the Edmonton Folk Music Festival from August 6–9, 2026.

It’s consistently cited as one of North America’s best folk festivals, and the “blanket on the hill with the skyline in the background” experience is about as Edmonton as it gets.

Edmonton Fringe Festival – August 13–23, 2026

A week later, Old Strathcona turns into a theatre/people-watching paradise with the Edmonton Fringe Festival, running August 13–23, 2026.

Even if you don’t see a single show, just wandering the grounds and taking in the food trucks and buskers is worth it.

And that’s before you add in dozens of smaller cultural festivals, outdoor movie nights, neighbourhood events, and whatever cool thing pops up at a newly reopened Hawrelak Park.

5. Big Concerts & Stadium Moments

The 2026 concert calendar is still filling in, but we already know about some huge nights.

AC/DC – Commonwealth Stadium – August 9, 2026

Rock legends AC/DC are bringing their Power Up Tour 2026 to Commonwealth Stadium on August 9, 2026 at 7:00 p.m.

Expect sell-out crowds, packed patios, and a lot of black t-shirts on the LRT.

Guns N’ Roses – Commonwealth Stadium – August 26, 2026

Just a couple of weeks later, Guns N’ Roses bring their newly announced 2026 world tour to Commonwealth Stadium on August 26, 2026, part of a huge North American stadium run.

If you’re anywhere near Bellevue or Cromdale that night, you’ll probably hear half the set from your backyard.

Arena & theatre shows

On top of the stadium dates, you can expect:

• A full slate of concerts and special events at Rogers Place (plus the usual Oilers and Oil Kings seasons)

• Series like “Live at the Winspear”—for example, Reuben and the Dark with Bullhorn Singers at Winspear Centre in February 2026—and countless other mid-size shows filling the city’s venues

Check the Rogers Place and Explore Edmonton event calendars regularly—the 2026 lineup is still growing.

6. So… What Does All This Mean If You Live (or Want to Live) Here?

Put all of this together and 2026 looks like:

• A huge year for recreation and public spaces

  • Coronation Park Sports & Recreation Centre + Peter Hemingway Aquatic Centre finally opening

  • Hawrelak Park returning after a once-in-a-generation rehab

• Steady progress on the “boring but important” stuff

  • Affordable housing targets not just being met, but surpassed

  • New zoning rules gradually making more room for housing choice across the city

  • LRT projects moving from drawings to visible structures

• A lifestyle calendar that makes staying home harder and harder to justify

  • Winter lights, Winterruption, Banksy, Zoominescence

  • Craft Beer Fest, Taste of Edmonton, K-Days, Heritage Festival, Folk Fest, Fringe

  • Stadium shows that pull in fans from all over Western Canada

From a housing and quality-of-life perspective, it’s the combination that matters: real investments in parks, transit and housing plus a stacked events calendar make Edmonton in 2026 feel like a city that’s very much on the front foot.

Quick FAQ: Edmonton in 2026

Q: Will all of these dates stay the same?
A: Event organizers and the City can (and do) adjust details. The openings and dates here are based on official City project pages, organizers’ websites, and event calendars as of late 2025. Always double-check directly with the event or the City of Edmonton before buying tickets or planning around a specific milestone.

Q: What are the “can’t miss” experiences if I’m new to the city in 2026?

If you’re trying to get a real feel for Edmonton in one year, I’d circle:

• A visit to the new Coronation Park / Peter Hemingway complex once it opens

• A lazy summer day (or festival weekend) at Hawrelak Park after it reopens

• Heritage Festival over the August long weekend

• Winterruption YEG in January

• At least one summer festival pairing—Taste + K-Days or Folk Fest + Fringe

• One big night at Commonwealth or Rogers Place (AC/DC, Guns N’ Roses, or whatever else gets announced)

Q: How do I keep up with new 2026 announcements?

• Bookmark the City of Edmonton festivals and events schedule and Explore Edmonton’s event calendar—both are regularly updated as new shows and festivals are announced.

• Follow key venues and festivals (Rogers Place, EXPO Centre, Folk Fest, Fringe, K-Days, Taste of Edmonton, Winterruption YEG) on social media for lineup drops and presale info.

Q: Does any of this actually matter if I’m thinking about buying or selling a home?

Absolutely. Big public investments (“Where are the cool parks and rec centres?”), better transit, and strong festival and events culture all feed into:

• Neighbourhood desirability

• Long-term value and stability

• How it feels to live in a given area day-to-day

If you’re weighing a move in 2026, it’s worth lining up your short list of neighbourhoods with the projects and amenities that are coming online over the next 3–5 years, not just what exists today.

Call Mike today at 780-232-2064 for more information. If you’d like to book a tour of some of Edmonton’s best attractions, I’ll be happy to be your guide.

If your picture of real estate agents comes mostly from TV shows, memes, or the odd bad experience a friend had, it’s no surprise the industry has a bit of a reputation problem. For example, George Costanza was a Realtor on Seinfeld until well into the second season and he wasn’t exactly known for his scrupulous nature. Enough said. And, if you’ve ever been on Reddit, you know that Realtors are perceived as paper-pushing door openers that failed in the corporate world and took up a license to get out of the house.

The reality is that many realtors already run successful businesses - ones you probably frequent. They’re franchise owners, tech wizards, developers and entrepreneurs that are now able to leverage their prior success and business acumen into successful careers in real estate. 

The industry chews up and spits out over 90% of real estate agents within the first 12 months. So no, it’s not an easy job. 

While you might see billboards or bus benches with shiny happy people, the reality behind the scenes is very different—and understanding that difference can help you choose the right person to represent you, or catch red flags before they turn into bigger issues.

Let’s walk through 10 of the biggest misconceptions people have about real estate agents—and what they are really all about.

Myth #1: “Agents just unlock doors and write offers.”

The misconception:
Anyone can book showings, walk through a house, and sign a contract. Why pay someone for that?

What really happens:
The visible part—opening doors and filling in paperwork—is maybe 10% of the job. Before we can ever get to that point in the process, ask yourself - how well does this person understand me, my needs, and what I’m looking for? A common pitfall among new agents is that they are overly eager, and will often skip even the most basic of pre-qualification questions. If you contact a realtor and ask them to see a property, their reaction shouldn’t be to ask what time you’re free - it should be to initiate at least a ten minute conversation. Questions they should ask include whether you’re currently working with another realtor, whether you’re pre-approved, what about this specific property stood out, how long you’ve been looking, what is important for you (location, price, access to home/work/school/gyms/etc) and on and on. Think about it - when you make any major purchase, how much research did you do? I’m guessing you didn’t just buy the first vehicle you saw online, or walk into an electronics store and say “One gaming laptop please!”

So, back to that 10% versus 90% statistic. The other 90% of the job, before we open the first door, is less glamorous and way more important.

• Pricing and strategy: Reading the market, analyzing comparable sales, and setting a pricing strategy that actually gets results. Sure, you could pay list price but a skilled agent will be able to save you thousands, even (and sometimes especially) on new construction. We’ve seen the good, bad and scary and know what to look for.

• Interpreting listings: Spotting red flags in listing remarks, photos, and history that a casual buyer would miss is our superpower. Even little things like the property being listed multiple times in a short amount of time, or being located next to a former drug house, or having a history of water damage or unpermitted (and therefore crappy) renovations…All things that we are trained to look out for and solve for our clients.

• Structuring offers: Crafting conditions, timelines, and clauses to protect you if something goes wrong is something we do on a regular basis. More than just protecting you from liability, though, we also ensure that the offer you’re making is written in a way that is appealing and likely to be accepted. This can be of great benefit in a hot market like Edmonton has experienced in the past several years.

• Negotiations: Knowing when to push, when to hold, and when to walk away. Think of us as the Kenny Rogers of deals. Personally, I have over 20 years of sales experience and have worked as a national executive sales trainer at a Fortune 500 company. That experience matters.

• Coordination: Managing inspectors, lawyers, mortgage brokers, appraisers, tenants, other agents, and sometimes very stressed-out buyers or sellers is what we get paid to do. If your deal went smoothly, it’s likely because your realtor solved the problems in the background before you ever became aware that there was a potential challenge.

• Problem prevention: Anticipating issues with financing, inspections, title, or timelines—and fixing them before they ever land on your plate.

A big chunk of an agent’s value is in the problems that never become your problems. We’re running defense 24/7.

Myth #2: “Real estate agents are overpaid for what they do.”

The misconception:
“Wait… they made how much from this one sale? For a few weeks of work?”

The reality behind the cheque:

• Gross ≠ net. That commission is gross revenue. From that, agents pay brokerage splits, licensing fees, insurance, marketing, signage, photography, gas, staging, client gifts, office expenses, and more. We don’t get benefits, we pay to rent our office from our brokerage, and on and on. It’s not uncommon for new agents to incur losses of over $60 000 in their first year, just for startup fees.

• Lots of unpaid work. Agents spend time with buyers and sellers who never end up transacting. There are months of nurturing, answering questions, and showing homes that never turn into a paycheque.

• Income swings. There’s no salary. Some months are great, some are quiet, and the bills keep coming either way.

Is it possible to make a good living in real estate? Yes.  Is it “easy money for a few hours of work”? Not if someone is actually doing the job properly, no. The average conversion rate for most agents is between 2-3%. This means that for every “sold” sign you see, that agent had 98 interactions, prospects, or contacts with individuals that never turned into a closed deal. 

Myth #3: “All real estate agents are basically the same.”

The misconception:
“An agent is an agent. I’ll just use whoever answers their phone first.” To use another car analogy, a Yugo and a Mercedes S Class will both get you to the office on time but the experience between one and the other will be very, very different.

The reality:
There can be a massive difference in:

• Skill level: Pricing, negotiation, marketing, contract knowledge, and problem-solving are all key factors. Does the agent have support within their brokerage? Do they have a track record of success, or are they simply maintaining a license while working full time in an office role, only able to work for you when they’re not otherwise occupied?

• Local expertise: Deep understanding of specific neighbourhoods, builders, condo buildings, or property types. Is the agent knowledgeable about the city and the local amenities or are they coasting through life? Is this their passion? Do they have referrals?

• Communication: How often they update you, how clearly they explain things, and how reachable they are.

• Approach and values: Some agents are very salesy. Others are more advisory and data-driven. Some are detail-obsessed; some fly by the seat of their pants. Some are casual and will show up in shorts and a t-shirt, while others wouldn’t be caught dead without their Armani suit. Are they a fit for you and your style?

Picking “whoever is convenient” is a bit like choosing a surgeon based on who returned your call first. Technically, everyone has the same license. In practice, their experience and approach can be very different, and each individual - remember, we’re all humans - will offer a unique experience.

Myth #4: “The agent controls the price (or the outcome).”

The misconception:
“If my agent was better, they’d have got me more money,” or
“If my agent was stronger, the seller would have accepted my low offer.”

The reality:
Agents influence strategy, not the laws of supply and demand.

A good agent can:

• Help you price strategically based on real data

• Recommend prep and staging to boost perceived value

• Market the property effectively to reach the right buyers

• Negotiate terms, timing, and concessions in your favour

But they can’t:

• Force buyers to pay more than the market will bear

• Force sellers to accept an offer they’re not comfortable with

• Override interest rates, inventory levels, or economic conditions

If your expectations are totally out of sync with the market, even the best agent in the world will feel like they’re “failing”—when the real problem is the gap between expectations and reality. Circling back on the previous point about pre-qualification, a good agent will be honest with you if it’s not a fit - and this is something that should be clear before you ever sign an agreement. I turn down 1-2 prospects a month simply because we don’t vibe. Why force it when I could spend more time with folks that are more aligned with what I have to offer? 

Myth #5: “Agents just want a quick sale and don’t care what I buy.”

The misconception:
“All they care about is their commission, so they’ll push me into anything.”

Let’s just stop right there. I actually take offense to this. Buying a home is the single largest financial decision you will make. I work with people going through separation. I work with families that have to sell their childhood home because their parents just lost a battle with a terminal disease. I’m there when you need to move into a bigger home to welcome your first child, and I’ll be there when you need to downsize after they’ve left for University. To be a part of such pivotal moments in the lives of my clients is a great honour, and one I take seriously. 

The reality:
Yes, there are pushy agents. But for most professionals, that approach is short-sighted and bad for business. Personally, I want a referral and a positive review far more than I want a slightly higher payday. My name is my business and my legacy, and that will always be more important than money.

A good agent is playing the long game:

• Happy clients = referrals and repeat business. One great experience can lead to years of business.

• Bad deals = reputation damage. If you hate your house or feel like you were pressured into something, you’re not exactly going to send your friends their way.

• Ethical and legal duties. Agents have obligations around honesty, disclosure, and putting clients’ interests first. Ignoring those can mean complaints, fines, or losing a license.

A pro would genuinely rather talk you out of a bad deal than cash a quick cheque and spend the next decade avoiding you in the grocery store. For real, I live in The Hamptons, where most of my clients are. I don’t have the energy to be a jerk to my neighbors - most know where I live!

Myth #6: “If I use the listing agent, I’ll get a better deal.”

The misconception:
“If I go straight to the listing agent, they’ll cut the commission and pass the savings on to me.”

Woah, gear down there Big Rig! You’re about to introduce a huge amount of risk and liability to all sides of this deal…

The reality:
The listing agent’s primary obligation is to the seller—that’s who they signed a contract with.

When one agent tries to handle both sides of a deal, a few things can happen (depending on local rules):

• Their role may shift from advocate to more of a facilitator. We call this a Transactional deal.

• They may be limited in how much detailed pricing/negotiation advice they can give each side.

• As a buyer, you might think you have someone fighting just for you… but that’s not actually how the relationship works.

In fact, I’ve had buyers come to me to represent them in the transaction and I’ve had to tell them no. Think about it - why would you want the same lawyer representing you and the other side in a dispute? It just doesn’t make sense.

Myth #7: “Commission is fixed and non-negotiable.”

The misconception:
“There’s a standard commission everyone has to charge by law.”

The reality:

• In Alberta, commissions are not set by law. You’re free to negotiate a price you both feel is fair. Personally, I don’t offer discounts to friends, family, or people with cute puppies. I know that I offer top-notch service, and I am comfortable commanding the price I bill. 

• What feels “standard” in your market is usually just what most people choose to charge, not a mandated number.

• Focusing only on the fee ignores the bigger question: what am I getting for this? Bubba’s Steak Shack and The Keg can both cook dead cow, but when you pay more you get more.

When you talk about commission, you’re really talking about:

• The service package (staging, pro photography, video, social media ads, open houses, print marketing, negotiating strategy, etc.)

• The agent’s experience and track record

• The likely net result to you (sale price, terms, time on market, stress level), not just the fee line on the statement of adjustments

The right question isn’t “Who is the cheapest?” It’s “Who is most likely to put me in the best overall position after everything is said and done?”

Myth #8: “With the internet, you don’t need an agent anymore.”

The misconception:
“I can search listings on my phone, use YouTube for advice, and download a contract template. Why involve a middle person?”

Sure, the internet can help. But if I was about to pull back from the gate on a plane to Mexico and they told me my pilot would be AI, I’d be heading for the emergency slide faster than that time George Costanza thought the apartment was on fire at that kid’s birthday party. Humans matter. Experience matters.

The reality:
The internet changed how we work—but it didn’t eliminate the need for expert guidance.

Online tools are great for:

• Browsing listings and neighbourhoods

• Getting a rough feel for prices

• Learning basic terminology

But they don’t replace:

• Experience with real transactions: What actually happens when there are multiple offers, financing issues, low appraisals, or inspection surprises.

• Context and interpretation: Knowing which details matter and which are noise.

• Risk management: Catching missing disclosures, vague clauses, or unrealistic timelines that could put you at risk.

• Emotional buffer: Helping you make rational decisions when you’re dealing with your life savings or your family home.

The web gives you information. A good agent gives you interpretation, strategy, and protection.

Myth #9: “Agents hide information or ‘trick’ people into deals.”

The misconception:
“All agents are salespeople trying to spin everything and bury the bad stuff.”

The reality:
Again, there are bad actors out there—just like in every industry. But there are also:

• Disclosure rules that require agents to share material facts about properties and relationships.

• Ethical standards through licensing bodies and boards.

• Serious consequences for misrepresentation or hiding key information, including fines or losing the license entirely.

• And then there are the agents who are almost too blunt for some people’s taste. They’ll tell you:

• When a house smells like a money pit

• When a “great deal” is actually great for the other side

• When your price expectations aren’t realistic

You should feel more informed, not less, after talking with your agent. If you ever feel like information is being kept from you or spun beyond recognition—that’s a sign to move on.

Myth #10: “If I talk to an agent, I’ll be pressured into buying or selling.”

The misconception:
“I don’t want to reach out yet—I’m not ready, and I don’t want a pushy sales pitch.”

The reality:
High-pressure tactics might get someone to sign a contract, but they rarely create happy clients.

The best agents:

• Are totally fine with long timelines. They’d rather help you prepare properly than rush you into something.

• Spend a lot of time educating—explaining steps, answering “basic” questions, and giving you a clear picture of what to expect.

• Understand that buying or selling a home is a big deal, and that the decision has to feel right for you, not just “make sense on paper.”

If a conversation with an agent leaves you feeling rushed, guilty, or cornered, you’re not “too sensitive”—you’re just talking to the wrong person.

How to Choose the Right Real Estate Agent for You

Now that we’ve busted some myths, here are a few practical tips for finding someone who is a good fit:

• Ask about their process. How do they handle pricing, marketing, showings, offers, and communication?

• Look for transparency. Do they answer questions clearly and honestly, even when the answer isn’t what you hoped to hear?

• Check local experience. Do they know your type of property and area well, or are they guessing?

• Notice how you feel. Do you feel heard? Understood? Respected? Or talked over and pushed?

• Talk to more than one person. You’re allowed to interview a few agents before committing. In fact, you should.

You’re not just hiring someone to open doors. You’re choosing a guide, an advocate, and a problem-solver for one of the biggest financial and emotional decisions you’ll make.

FAQ: Common Questions About Real Estate Agents

Q: Do I have to use an agent to buy or sell a home?
No. You can go directly to a builder, sell privately, or try to handle everything yourself. The question isn’t “Do I have to?” but “What risks am I taking on, and am I prepared to handle them?” For many people, the peace of mind and expertise are worth having someone in their corner.

Q: Can I work with more than one agent at the same time?
You can talk to multiple agents, but once you sign a representation agreement, you’re typically committing to work with that person or brokerage for a set period. It’s better to interview a few, choose one you trust, and then build a strong working relationship. Check referrals and online reviews.

Q: Should I always choose the agent who charges the lowest commission?
Not necessarily. It’s more important to look at the big picture: marketing plan, communication, experience, negotiation skills, and track record. A skilled agent who charges a bit more but nets you a higher sale price—or protects you from costly mistakes—can leave you better off overall than a discount option.

Q: How do agents get paid when I’m buying a home?
In many cases, the seller pays the total commission, and that is shared between the listing brokerage and the buyer’s brokerage according to the listing agreement. The exact structure can vary, so it’s important to have your agent explain how it works in your situation.

Q: What’s the best way to start working with an agent if I’m not ready to move yet?
Simple: start with a conversation. A quick call, Zoom meeting, or coffee can help you get clarity on your timeline, your budget, and the steps to take now so you’re ready later. A good agent will treat that as part of the relationship, not a waste of time.

Mike Pabian is a REALTOR® with REMAX Excellence in southwest Edmonton. He has lived in The Hamptons with his wife, Grace, and their pugs Frank and Pickles since 2010. A born and raised Edmontonian, he’s a die-hard Oilers fan and frequently gives back to several Cancer charities and Edmonton’s Food Bank.

If you live in Lewis Estates, Rosenthal, Glastonbury, The Hamptons, Edgemont—or you drive past the River Cree on your way around the Henday—you’ve probably noticed the cranes and wondered:

“What exactly are they building out there… and what does it mean for my community?”

Let’s dig in with a bit of history, what’s coming in this $200-million expansion, where construction sits right now, the big-name acts already on the calendar, and the ripple effects for the west-end communities around it. 

About the author: Mike Pabian has spent his life living, working and playing in Edmonton and has called The Hamptons home since 2010 with his wife, Grace, and their pugs Frank and Pickles. In 2023 he completed the online non-credit course Indigenous Canada as offered by the University of Alberta. The details in this post are based on public updates and news releases published between September 2024 and March 2025, plus River Cree’s own events calendar as of November 2025. Images used are public domain except where otherwise noted.(Global News)

A quick history of River Cree Resort & Casino

River Cree Resort & Casino opened in October 2006 on Enoch Cree Nation, just west of Edmonton, as one of the first full-scale casino-resort projects of its kind on First Nation land in Alberta. The land has a rich history, and was once used as a bombing range in WWII, a fact that resulted in a $91M settlement in 2020. (ammsa.com)

When it launched, Enoch Cree Nation partnered with Las Vegas–based Paragon Gaming and operated the on-site hotel under the Marriott flag.(Global News) The vision was clear from the start: a destination-style resort with a casino, hotel, twin hockey rinks, restaurants, and an entertainment centre that could pull in acts that might otherwise skip Edmonton.

Fast-forward to 2014, and Enoch Cree Nation bought out Paragon’s interest, taking full ownership of River Cree. That move required a major financing effort—including a landmark bond issue—but it also meant something important:

• River Cree became a wholly Enoch-owned asset, widely described as one of the most significant First Nation economic development projects in the country.(Global News)

Since then, Enoch has layered in additional projects—medical offices, commercial plazas, and now a private surgical clinic—using River Cree’s success as a foundation for broader economic growth on the Nation’s land.(Global News)

River Cree today: entertainment hub on Enoch Cree Nation

Even before the new tower goes up, River Cree is already a busy mix of:

• 24-hour casino gaming (slots, tables, poker)(River Cree Resort & Casino)

• On-site dining options from casual to upscale

• Twin ice rinks that host tournaments, practices, and events

• A dedicated entertainment centre that consistently brings in tribute acts, classic rock bands, comedians, and specialty shows

As of late 2025, the events calendar includes:

• International U2 Tribute – Desire – November 14, 2025

• April Wine – November 15, 2025

• Cirque Musica: Holiday Wonderland – December 2, 2025

• The Debaters Live – December 3, 2025(River Cree Resort & Casino)

Third-party ticket platforms also highlight upcoming River Cree dates like Hellbourne – Ozzy Osbourne Tribute and The Tenors – Joy to the World Tour in December 2025, reflecting the range of music and comedy they’re booking into the venue.(www.livenation.de)

For west-end residents, that means you’ve got a full-blown concert and event space 10–15 minutes from home instead of a long haul across the city, and a 7 000 seat facility is being built as part of the long term expansion plans.

Gordon Ramsay’s Hell’s Kitchen: a headline addition for early 2026

On the food side, the highest-profile near-term addition is Gordon Ramsay’s Hell’s Kitchen—Canada’s first location of the brand—slated to open at River Cree in early 2026.(River Cree Resort & Casino)

According to the resort’s announcement:

• Hell’s Kitchen will bring Ramsay’s signature dishes and theatrical open-kitchen vibe to Enoch Cree Nation.

• It’s being built out in a dedicated restaurant space on site.

• Reservations aren’t open yet, but River Cree has flagged “early 2026” as the target for the grand opening, with updates promised via their website and social channels.(River Cree Resort & Casino)

For nearby communities like Lewis Estates, Rosenthal, The Hamptons, and Edgemont, that’s a celebrity-chef experience essentially in your backyard—something you’d normally have to travel to Las Vegas, Lake Tahoe, or a major U.S. city to find.

The $200-million expansion: what’s actually being built?

Here’s where things get big.

In September 2024, Enoch Cree Nation and River Cree publicly launched a $200-million expansion that will see the resort nearly double in size.(Global News)

From the Global News, Hotelier Magazine, and Alberta Major Projects descriptions, the core pieces look like this:

1. A new 18-storey hotel tower

• Over 230 additional rooms (some sources say 230, others reference ~240) in a new high-rise tower.(Global News)

• More than 30 luxury suites with upgraded finishes.(Global News)

• Bathrooms designed with both walk-in showers and separate bathtubs—a detail the River Cree CEO has highlighted as something that’s still rare in Edmonton hotels.(Global News)

2. Major pool and recreation upgrades

• A new pool area with two waterslides.

• A large hot tub and family-friendly aquatic features.(Global News)

This moves River Cree further into “full resort” territory—especially attractive for minor hockey tournaments, concert weekends, and stay-and-play casino guests.

3. 40,000+ sq. ft. of new event and conference space

• More than 40,000 square feet of new event space across two levels.(Global News)

• A flagship ballroom around 18,000 sq. ft., reportedly ~8,000 sq. ft. larger than the largest existing ballroom in Edmonton today located in the JW Marriott in Ice District.(Global News)

• An additional outdoor patio of about 9,000 sq. ft., designed to support events that spill outside in the summer months.(Global News)

This is a big deal for conferences, banquets, weddings, and corporate events that currently might default to downtown hotels or resort destinations outside the city.

4. Expanded food & beverage and back-of-house capacity

• A brand-new banquet kitchen to serve the expanded event footprint.

• A new full-service restaurant and bar, plus additional quick-service food outlets (details still being finalized in public reporting).(Global News)

In short: more hotel capacity, bigger events, elevated dining, and family-friendly amenities—stacked onto an already busy casino and entertainment operation.

Where the project is at: construction and timelines

From a timing standpoint:

• A formal groundbreaking ceremony took place in early September 2024, marking the official start of hotel expansion work.(Global News)

• The publicly stated target for the new hotel tower’s opening is spring 2027.(Hotelier Magazine)

• Canada Infrastructure Bank announced in March 2025 that it would provide $100 million in financing for “reserve enabling infrastructure”—roads, water, wastewater and other services—to support River Cree’s continued development and expansion, alongside $194 million in financing from the First Nations Finance Authority.(cib-bic.ca)

That federal infrastructure backing is a strong signal that:

1. Construction is underway and progressing beyond ceremonial ground-breaking into real, long-term build-out; and

2. The expansion is being treated as a key economic engine, not just for Enoch but for the wider region.

The project also appears in Alberta’s Major Projects database, which lists an 18-storey hotel addition with roughly 240 rooms as the core built element.(Alberta Major Projects) And at the federal level, there’s a dedicated entry for the River Cree expansion in the Canadian Impact Assessment Registry (Project 88984), overseen by the Impact Assessment Agency of Canada—part of the framework that reviews major projects for environmental and community impacts.(Canada)

All of that points to a project that’s funded, permitted, and actively moving through its construction life cycle, even if we don’t yet have a room-by-room progress chart in the public domain.

How this expansion ripples into nearby communities

So what does all of this mean if you live in Lewis Estates, Rosenthal, Enoch, Glastonbury, The Hamptons or Edgemont? Let’s break it down in practical terms.

1. Jobs and income close to home

The expansion is expected to create:

• Construction jobs over several years

• Ongoing hotel, food & beverage, events, and casino roles once the tower opens

• Indirect jobs with suppliers, contractors, and service providers in the region(CFWE Northern Alberta)

For Enoch members, River Cree is already a major employer. For west-end Edmonton residents, it’s one more large, stable workplace within a short commute—especially appealing for hospitality workers, trades, event planners, security staff, and more.

When CTV covered the ground-breaking, leadership spoke openly about River Cree aiming to be an “economic powerhouse” for the Nation and the surrounding region—not just a standalone casino.(CTV News)

2. Stronger local business ecosystem

More hotel rooms, bigger conferences, and marquee shows don’t just benefit the resort—they spill over into neighbouring communities:

• Visitors may fill up at the gas stations and coffee shops in Lewis Estates and Rosenthal before heading out of town.

• Families coming for tournaments or pool-and-show weekends might explore nearby restaurants, services, and grocery stores in Glastonbury and The Hamptons.

• Local trades and service companies based in west Edmonton may pick up contracts for maintenance, landscaping, cleaning, and specialty services as the complex grows.

Combined with other Enoch commercial developments—like medical and retail projects along the same corridor—River Cree’s expansion helps solidify the west end as a regional employment and services hub, not just “suburbs by the Henday.”(Global News)

3. Tourism profile and “destination west” effect

With:

• A larger hotel footprint

• A bigger event and convention centre

• Canada’s first Hell’s Kitchen

• A steady stream of concerts and shows

…the west side of Edmonton starts to look more and more like a destination cluster, especially when you factor in nearby anchors like West Edmonton Mall and the west-end retail corridors.

For homeowners in places like Edgemont, Rosenthal, Lewis Estates, and The Hamptons, that growing profile can translate into:

• More out-of-town visitors choosing to stay in the west end

• A higher demand for short-term rentals (with all the pros and cons that come with that)

• More interest from buyers who specifically want easy access to resort-style amenities and entertainment without leaving their part of the city

From a real estate perspective, it’s another check mark in the “lifestyle and amenities” column when we’re talking about west-end neighbourhoods with buyers.

4. Infrastructure and traffic considerations

Big projects require big infrastructure:

• The Canada Infrastructure Bank loan is specifically for “reserve enabling infrastructure”—things like roads and utilities that make development on Enoch’s land possible at a larger scale.(cib-bic.ca)

• As those upgrades roll out, they’re likely to tie into or affect major connections like Whitemud Drive, Winterburn Road, and the ring road, which many west-enders already use daily.

Short-term, that can mean more construction and some traffic headaches near the resort.

Longer-term, better-planned access roads, upgraded servicing, and clearer traffic patterns can actually improve movement in and out of the west end, especially for event days where hundreds or thousands of people are converging on a single site.

5. Neighbourhood brand and long-term value

Neighbourhoods like Lewis Estates, Rosenthal, Glastonbury, The Hamptons and Edgemont already sell well based on:

• Newer housing stock

• Proximity to the Henday

• Access to parks, paths, and west-end retail

• Additional schools

• A robust recreation offering when the completion of the Lewis Farms LRT expansion and recreation centre are completed in 2028

“This isn’t just a bedroom community; it’s part of a growing regional destination anchored by Enoch Cree Nation’s economic engine.”  That doesn’t mean every home suddenly jumps in value overnight. But over time, strong and diversified local economic activity is one of the pillars that helps support demand and resiliency in nearby housing markets.

What to watch as a local homeowner or buyer

If you live—or want to live—in the west end, here are a few things worth keeping an eye on as the River Cree expansion progresses:

1. Construction milestones and timelines

   • Has the tower “topped out”?

   • Are there public updates on the 2027 opening target?

2. New events and conferences

   • Watch River Cree’s events calendar to see the size and type of conferences booking in. More large national or regional events often means more visibility (and spending) in the area.(River Cree Resort & Casino)

3. Transportation and access changes

   • Any upgrades to intersections, road widening, or new routing around Whitemud / Winterburn / the Henday that could improve—or complicate—your commute.

4. Local business openings

   • Pay attention to new retail, restaurant, and service businesses popping up in Lewis Estates, Rosenthal, Glastonbury, or along key corridors; they’re often following the same growth story.

5. Policy and planning updates

   • Both the City of Edmonton and Enoch Cree Nation will continue to make land-use and infrastructure decisions in this corridor. If you’re thinking long-term (5–10+ years), those plans matter.

FAQ: River Cree Expansion & the West End

Q: When will the new River Cree hotel tower open?
A: Public statements from River Cree and industry publications point to a spring 2027 opening for the new 18-storey tower, with construction underway as of 2024-2025.(Hotelier Magazine)

Q: Is Hell’s Kitchen part of the expansion or a separate project?
A: Hell’s Kitchen is a dedicated restaurant project within the existing River Cree footprint, but it’s very much part of the resort’s broader “step up the experience” strategy. The resort has confirmed it as Canada’s first Hell’s Kitchen, targeting an early 2026 opening.(River Cree Resort & Casino)

Q: Will this make traffic worse in Lewis Estates, Rosenthal, or The Hamptons?
A: In the short term, large builds almost always mean more construction traffic. Over the longer term, the Canada Infrastructure Bank financing is specifically meant to support improved infrastructure on and around Enoch’s lands, which can help manage event traffic more effectively than if nothing were upgraded at all.(cib-bic.ca)

Q: Does a bigger resort automatically mean higher home prices nearby?
A: Not automatically, and certainly not overnight. But strong, diversified local employers and destination amenities tend to be supportive of long-term neighbourhood demand, especially when they’re paired with good schools, parks, and transportation. River Cree’s growth is one more positive factor in that broader mix.

If you’re curious how this all plays into your specific situation reach out at 780-232-2064 or mike@pabianrealty.ca. I’mhappy to dig into the numbers with you and talk about:

• How buyers are perceiving the west end today

• What this might mean for resale timing and strategy

• And whether now, mid-construction, is actually a smart window to make a move

“Are prices finally going to drop?”
“Should I wait for lower rates?”
“Is it really cheaper to rent than buy in Edmonton right now?”

If you’re thinking about buying your first home in 2026, you’re not alone—and you’re not imagining it. The data we have for January–October 2025 shows a city that’s still relatively affordable by Canadian standards, but caught in the same high-rate, high-uncertainty storm as the rest of the country. Buyers are stressed, and there is a lot of uncertainty - the Edmonton unemployment rate has been above 8% for most of this year, net migration remains high, and supply just can’t keep up. (nesto.ca)

In this article, I want to walk you through five big questions that keep coming up in Edmonton real estate searches and headlines, explain what the numbers actually say, and give you some context for 2026. It’s written from the perspective of someone who lives here, works here, and spends a lot of time talking to first-time buyers who are quietly overwhelmed—but still hopeful.

How this article was put together (and why the dates matter)

Everything you’re about to read is based on public data and reports available as of November 13, 2025. When I talk about “this year,” I mean 2025; when I talk about “next year,” I mean 2026.

Here’s where the backbone of the article comes from:

• Local market stats for Edmonton (2025)

  • A fall 2025 market update from RE/MAX notes that the average residential sale price in Edmonton rose 7.2% year-over-year between January 1 and July 31, 2025 (from $429,255 to $460,405), even as sales volumes slipped and listings increased. (RE/MAX Canada)

  • A mortgage-market report pegs the average selling price in September 2025 at roughly $417,000, up 4.4% year-over-year, with detached homes up 7.5% and townhouses up 6.1% over the same period. (nesto.ca)

  • A separate September snapshot shows an average Edmonton-area price of $452,849, up 2.8% vs September 2024 but slightly down month-to-month—classic “cooling but not crashing” behaviour. (WOWA)

• National outlooks for 2025–2026

  • CMHC’s 2025 Housing Market Outlook and summer update point to a cooler national market in 2025, with average Canadian prices expected to dip roughly 2% before stabilizing and gradually recovering in 2026 as demand and confidence improve. (Canada Mortgage and Housing Corporation)

  • A Reuters poll of housing analysts in mid-2025 echoes that message: a 2% national price decline in 2025, followed by stagnation and eventual recovery in 2026. (Reuters)

• Rent-versus-buy and affordability analysis

  • National work from Zoocasa compares renting and buying in 21 Canadian cities, highlighting where ownership still makes long-term sense. (Zoocasa.com)

  • Local 2025 pieces titled “Is it cheaper to buy or rent in Edmonton?” and “Rent vs Buy in Edmonton 2025” break down the numbers for our city specifically, showing that buying tends to win if you stay long enough, while renting can be cheaper in the short term. (AlbertaSell Real Estate)

• First-time buyer rules and programs

  • National consumer guidance and lender resources lay out the minimum down payment rules (5% up to $500,000; 10% on the portion between $500,000 and $1.5M; 20% at $1.5M+). (Ratehub.ca)

  • Federal program pages confirm that the First-Time Home Buyer Incentive (the shared-equity program) is no longer accepting new applications as of 2024, while tools like the Home Buyers’ Plan (HBP) and the new, higher withdrawal limits remain in place. (Canada Mortgage and Housing Corporation)

This is the landscape your Google searches are swimming in. With that foundation in place, let’s talk about what people are actually asking—and how it all fits together for Edmonton.

Question 1: “Should I wait for lower rates or buy now?”

This is, without question, the most common conversation I’ve had in 2025.

After two years of painfully high borrowing costs, rate cuts have finally started to appear, but not in the dramatic way people were quietly dreaming about. Nationally, CMHC and other forecasters are describing a gradual improvement in 2025–2026: growth picking up, sales and prices recovering from earlier weakness, and borrowing costs expected to ease from their 2023 peak—but not to pre-COVID rock-bottom levels. (Canada Mortgage and Housing Corporation)

At the same time, a Reuters survey of housing analysts in mid-2025 notes that average Canadian home prices are actually falling modestly this year, down about 2%, with the outlook for 2026 framed as “stagnation and then slow recovery.” (Reuters)

If you zoom out, the picture looks something like this:

2023: painful peak-rate environment; buyers shell-shocked.
2024: slow adaptation—more people pre-approved, fewer jumping.
2025: cautious optimism; some rate relief, lots of “should I wait?”

For an Edmonton buyer planning ahead for 2026, the uncomfortable truth is that there’s no magic month circled on the calendar. The most likely outcome, based on what we know today, is:

• Borrowing costs that continue to ease slowly rather than collapsing. (Canada Mortgage and Housing Corporation)

• A market that becomes more balanced, not wildly cheaper, as higher rates and rising supply tug against steady demand.

So the more practical version of the question isn’t “Will rates drop?” but:

“If rates are a bit lower but prices a bit higher next year, or vice versa, which combination makes the most sense for my budget, my job, and the way I actually live my life?”

That’s not something Google can answer for you. It’s the kind of thing you work through with a lender and a Realtor who can run side-by-side scenarios with real numbers, not just headlines.

Question 2: “Will Edmonton prices finally drop—or just keep creeping up?”

The second big search theme is some variation of “Is Edmonton going to crash?” And here again, the data paints a less dramatic picture than the anxiety suggests.

The Fall 2025 Edmonton housing update shows that between January and the end of July, the average residential sale price rose 7.2% year-over-year, even as total sales fell and listings climbed. (RE/MAX Canada) A separate mortgage-market outlook for September 2025 reports an average price around $417,000, up 4.4% over the past 12 months; detached homes are up 7.5%, townhouses up 6.1%, and condos up a modest 0.6%. (nesto.ca)

Yet another snapshot, this time from a national data provider, pegs the average Edmonton-area price in September 2025 at $452,849, 2.8% higher than the same month in 2024 but down 1.8% compared to August—suggesting some month-to-month softness even as the year-over-year trend remains upward. (WOWA)

If you imagine that as a simple trend line, it’s not a cliff; it’s more like a staircase that’s still going up, even if one or two steps dip slightly.

Nationally, CMHC expects prices to cool and growth to slow heading into 2026, rather than spiral higher; the Reuters poll I mentioned earlier is even more blunt, calling for a small overall price decline this year and flat conditions in 2026 before a gradual recovery. (Canada Mortgage and Housing Corporation)

So where does that leave Edmonton?

• We’re still in a city where prices are rising modestly, not exploding.

• Certain property types—especially condos and some row homes—have seen flatter or more volatile pricing, reflecting supply changes and buyer preferences. (REALTORS® Association of Edmonton)

• The big risk for most first-time buyers isn’t “catching the exact top.” It’s waiting for a dramatic discount that never comes, while rents and carrying costs quietly nibble away at their savings and patience.

Question 3: “Is it smarter to rent or buy in Edmonton in 2026?”

This is the third major search cluster, and it’s become much more sophisticated over the past couple of years.

In January 2025, Zoocasa published a national analysis comparing the cost of renting versus buying in 21 Canadian cities, noting that in some expensive markets, renting has temporarily become cheaper month-to-month. (Zoocasa.com) At the same time, national financial publications are warning that the old “buying is always better” rule of thumb is officially dead in high-rate environments: in some cases, homeowners now need 7–9 years to break even versus renting. (Investopedia)

Where things get interesting is when you bring that conversation home to Edmonton.

Local 2025 guides and blog posts with titles like “Is it cheaper to buy or rent in Edmonton in 2025?” and “buy vs rent Edmonton cost comparison” lay out side-by-side scenarios. Their conclusions tend to converge on the same theme:

• Renting can be cheaper in the short term, especially if you’re not putting much down and you’re comparing a bare-bones rent to a fully loaded ownership cost (mortgage, taxes, insurance, maintenance, condo fees).

• Buying often wins over a longer horizon in Edmonton, because prices here are still comparatively reasonable and even conservative appreciation adds up over 7–10 years. (AlbertaSell Real Estate)

Think of it this way:

• If you’re unsure about your job, your relationship, or how long you’ll be in the city, renting is still a smart, strategic move. It buys you flexibility at a time when markets are noisy.

• If you’re reasonably settled, and you can see yourself staying put for five, seven, or ten years, ownership starts to look more compelling, especially if you buy a modest, well-located home instead of stretching to the top of your approval.

For 2026, the big shift isn’t that renting has suddenly become “good” or buying “bad.” It’s that the rent-versus-buy decision has to be made with your actual numbers and timeline, not just a rule your parents repeated because it worked in 2005.

Question 4: “How much down payment do I actually need—and what help is still out there?”

Once people get past the rate and price questions, the Google search bar usually turns to the down payment.

The rules themselves are straightforward—and they haven’t changed in any dramatic way recently:

• For homes under $500,000, you need at least 5% down.

• For the portion of the price between $500,000 and $1.5 million, you need 10%.

• Once you’re at $1.5 million and above, you’re looking at 20% down and an uninsured mortgage. (Ratehub.ca)

Put another way, on a $425,000 starter home in Edmonton, the minimum down payment is 5% of $425,000, or $21,250, plus closing costs. From there, you can layer in strategies like the Home Buyers’ Plan, which allows eligible buyers to withdraw up to $60,000 from their RRSPs (per recent federal changes) to put toward a first home. (Canada)

One important update that’s easy to miss: the First-Time Home Buyer Incentive, the shared-equity program where the federal government took a slice of your property’s upside in exchange for helping with the down payment, is now closed to new applicants. Official CMHC pages and 2024–2025 buyer-incentive summaries make it clear that this particular tool is no longer on the table. (Canada Mortgage and Housing Corporation)

The narrative, though, is not “you’re on your own now.” It’s more nuanced:

• Some programs disappear; others evolve or expand.

• Tax-sheltered accounts like the FHSA and RRSP/HBP are becoming more important parts of the puzzle. (Ratehub.ca)

• And in a city like Edmonton, where average prices are still lower than in many other major Canadian markets, the absolute dollar amount you need to save is smaller than it would be in Vancouver, Toronto, or even some parts of southern Ontario.

The key, again, is timing. A 2026 goal doesn’t require you to have the full amount sitting in your account today—but it does benefit from a clear savings target and a realistic monthly plan, rather than a vague hope that “it will somehow work out.”

Question 5: “Where can I still afford to buy—and will that area actually grow?”

The last major search theme is really about geography. Once people realize Edmonton is still comparatively affordable, the next question is:

“Where can I buy that I won’t regret in five or ten years?”

Provincial-level outlooks and Alberta-focused forecast pieces point out that our market is still active and growing, with MLS® systems expecting more than 530,000 homes to change hands nationally in 2025—an 8.6% jump over the prior year—and Alberta benefiting from relative affordability and ongoing in-migration. (New Homes Alberta)

Zooming in, Edmonton-specific reports talk about:

• Inventory rising in certain segments and neighborhoods, especially where new construction is adding supply. (REALTORS® Association of Edmonton)

• Steady price growth in typical “family home” territory—your detached houses and townhomes—combined with more mixed results in some condo pockets. (nesto.ca)

For a first-time buyer, that creates three broad lanes:

1. Mature, central neighborhoods

   • Walkable, close to the core, often commanding higher prices.

   • Tougher entry point if you’re on a strict starter-home budget, but historically resilient.

2. Middle-ring family areas

   • Established communities with schools, parks, and decent commutes.

   • Often the sweet spot for buyers who want both lifestyle and a reasonable price.

3. Newer suburbs and growth corridors

   • Northeast, southeast, and pockets of west Edmonton where builders are still active and new infrastructure is coming. (REALTORS® Association of Edmonton)

   • Offer more choice and sometimes builder incentives, but demand careful homework around future transit, school catchments, and long-term plans.

No forecast can guarantee that any one neighborhood will “pop” or outperform, but the 2025 reports and projections we have suggest a city that is still growing, still building, and still relatively accessible compared to much of the country. If you line up your budget, your lifestyle, and your time horizon, there are still good bets to be made.

So what does all of this mean if you’re aiming for 2026?

Taken together, the picture for Edmonton looks something like this:

• Rates are likely to ease gradually rather than collapse, as the national market stabilizes and economic growth improves. (Canada Mortgage and Housing Corporation)

• Prices here have risen modestly through 2025, with more mixed month-to-month moves and early signs of a more balanced market, not a deep downturn. (RE/MAX Canada)

• Rent vs buy has become a real question again, but in Edmonton it’s still a fair fight—especially if you plan to stay put for more than just a couple of years. (Zoocasa.com)

• Down-payment rules are clear, and while some incentives have disappeared, others (like enhanced RRSP withdrawal limits) are very much alive. (Ratehub.ca)

• Neighbourhood choice matters as much as ever: the right area for you is where the math, the commute, and your daily life actually line up.

In other words: if you’re considering a move in 2026, you’re not walking into a bubble or a fire sale. You’re walking into a real, functioning market with give-and-take, where the biggest advantage you can give yourself is information and planning, not guesswork.

FAQ: Straight answers to the questions behind the searches

Is late 2025 a “bad” time to buy if I’m really aiming for 2026?
Not automatically. What matters more than the calendar year is how stable your income is, how long you plan to stay in the home, and whether you’re comfortable with today’s payment at today’s rate. National forecasts suggest more of a slow normalization than a cliff; waiting purely out of fear of “buying at the wrong month” can backfire if prices and rents keep nudging upward while you wait. (Canada Mortgage and Housing Corporation)

Could Edmonton prices actually fall in 2026?
They could soften or flatten in some segments—that’s exactly what national forecasts and some local reports imply as the market moves toward balance. But a deep, lasting crash would likely require a serious local economic shock. Based on today’s data, a more realistic scenario is modest declines or sideways movement in some areas and steady growth in others. (Canada Mortgage and Housing Corporation)

How much should I actually budget for a down payment in Edmonton?
For many first-time buyers here, the starting point is 5% down on a home under $500,000, plus closing costs. On a $400,000–$450,000 home, that often means something in the $20,000–$25,000 range, before you layer in strategies like the HBP or an FHSA savings plan. Your exact number depends on your income, debts, and lender guidelines. (Ratehub.ca)

Is it actually cheaper to rent than to buy in Edmonton right now?
In the short term, often yes—especially if you’re putting very little down and comparing a simple rent payment to a fully loaded ownership cost. But multiple 2025 analyses, both local and national, show that over a longer holding period, owning still tends to win in many markets like Edmonton, provided you buy within your means and stay put long enough to let equity and modest appreciation work in your favour. (Zoocasa.com)

How often should I check in on the market if I’m targeting 2026?
A good rule of thumb is quarterly if you’re more than a year out, and monthly once you’re inside a 6–9-month window. That doesn’t mean obsessing over every new headline; it means touching base on updated pre-approvals, current inventory in your target areas, and any changes to rules or programs that could help you.

If you’ve been quietly Googling these questions and you’d rather talk them through with an actual human who lives and works in Edmonton, I’m always happy to sit down, pull up the numbers, and map out a 2026 plan that makes sense for your situation.

No scare tactics. No pressure. Just data, context, and a clear path forward.

About the author: Mike Pabian is a licensed REALTOR® with REMAX Excellence in Edmonton, Alberta. He’s a born and raised Edmontonian that has dedicated his life to serving the community. He currently lives in the west end with his wife Grace and their pugs Frank & Pickles.