Median house prices in Alberta 2018-2020

The average house price in Alberta, Canada in 2020 was forecasted to cost 376,600 Canadian dollars. In 2018, the median house price in the region amounted to 387,200 Canadian dollars.

Main reason for price decline

The volume of housing starts in the province has fallen in recent years, which indicates that supply had outstripped demand. Real estate experts have confirmed this is the case for the two largest cities in Alberta, Calgary and Edmonton. The surplus of available housing units on the market means that buyers are under no pressure to make an offer as soon as they find a home they like. Both markets had affordable house price to income ratios as of the fourth quarter of 2018.

Future of the province

House prices in Edmonton and Calgary are estimated to decrease or stay the same, respectively, in 2019 when compared with 2018. Edmonton is forecast to have the biggest price drop in the country, due to overbuilding in the city.

Median house prices in Alberta from 2018 to 2020

Price in Canadian dollars
--
--
--
Exclusive Premium statistic

You need a Premium Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Premium Account

only $59 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

December 2019

Region

Canada

Survey time period

2018

Supplementary notes

*Forecast.

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.

Statistics on "Residential housing in Canada"

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.