Compare markets
Calgary vs Edmonton
Every current official measure published for both metros. Figures from different reference periods are flagged; measures missing for either metro are left out.
| Measure | Calgary | Edmonton | Reference period |
|---|---|---|---|
| New housing price indexNew homes only; not a resale price measure. | 129.70.0% | 105.7−0.8% | Sep 1, 2026 |
| Housing starts (last 12 months) | 24,403 units−12.4% | 19,055 units−11.4% | Sep 1, 2026 |
| Completions (last 12 months) | 23,827 units−6.8% | 18,245 units−2.1% | Sep 1, 2026 |
| Homes under construction | 26,252 units+2.1% | 18,494 units+4.0% | Sep 1, 2026 |
| Dwelling units permitted (last 12 months) | 25,687 units−1.8% | 20,689 units−18.6% | Sep 1, 2026 |
| Rental vacancy ratePurpose-built apartments (6+ units); annual October survey. | 5.00%+0.2 pts | 3.90%+0.8 pts | October 2025 survey |
| Average rent, 2-bedroomPurpose-built rentals (row and apartment, 3+ units); annual October survey. | $1,908+1.7% | $1,598+4.5% | October 2025 survey |
| Asking rent, 2-bedroom apartmentExperimental estimate from new listings; not what sitting tenants pay. | $1,890−6.4% | $1,570−2.5% | Apr 1, 2026 |
| Paid rent, 2-bedroom apartmentExperimental estimate of rent paid by all renter households. | $1,930+8.4% | $1,570+3.3% | Apr 1, 2026 |
| Unsold new homes (unabsorbed inventory)Completed homeownership and condo units not yet sold or rented; excludes purpose-built rentals. | 1,412 units+51.7% | 1,660 units+6.6% | Sep 1, 2026 |
| New homes absorbed (last 12 months) | 8,174 units−8.6% | 7,179 units−4.2% | Sep 1, 2026 |
| Population | 1,836,012 persons+2.9% | 1,692,385 persons+3.1% | Jan 1, 2025 |
| New homes completed per 100 added residentsDescriptive ratio of new supply to population growth; not a measure of need. | 46 per 100 | 36 per 100 | Sep 1, 2026 |
| Completions per 1,000 residents | 13.0 per 1,000 | 10.8 per 1,000 | Sep 1, 2026 |
| Starts per 1,000 residents | 13.3 per 1,000 | 11.3 per 1,000 | Sep 1, 2026 |