February saw a 9.2 percent year-over-year drop in sales with the biggest drops seen in
row housing and apartments for the eleventh. New listings increased by 3.5% percent
year-over-year. Inventory increased 10.6% percent year over year. The sales-to-new
listings rose to 56 percent.
There were 3.24 months of supply in February, up 22.1 percent year-over-year.
Calgary and Edmonton are continuing to see a loosening of supplies, while Medicine
Hat has the tightest conditions in the province, having 1.28 months of supply. Red
Deer rose significantly (79%) to 2.35 months. All regions experienced year-to-date
average price growth, rising the most for Lethbridge (+15%) and Medicine Hat (+9%).
To read the full REPORT, visit FEBRUARY 2026 MARKET REPORT & PUBLIC STATISTICS REPORT
SOURCE, AREA ALBERTA REAL ESTATE ASSOCIATION
To read more, visit AREA ALBERTA REAL ESTATE ASSOCIATION
