• Price spread between new and resale condos reveals market strength

  Source: Alberta - Edmonton Journal (Legislature & Capital)
  Date: 2026-10-22 14:16:43.0
  Tags: [Alberta, Housing, Affordability, Economy]

  A report by Real Property Solutions (RPS) indicates that the price spread between new and resale condominium units in Alberta widened from $84,000 in 2023 to $136,000 in 2025, reflecting market strength compared to tightening spreads in British Columbia and Ontario. According to Canada Mortgage and Housing Corp. statistics up to August 31, new condo development accounts for only 10 per cent of housing starts in Edmonton, while freehold ownership represents 47 per cent and rentals represent 43 per cent. Realtors Association of Edmonton statistics for September showed apartment resales down over eight per cent year over year, with an average condo price gaining 0.6 per cent to nearly $209,000, maintaining a buyer's market.

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• Minimum wage hikes set to begin across 5 provinces

  Source: Nova Scotia - Halifax & Regional News
  Date: 2026-10-01 12:34:05.0
  Tags: [National, Ontario, Prince Edward Island, Nova Scotia, Manitoba, Saskatchewan, Alberta, Labour, Economy, Affordability]

  Minimum wage increases ranging from 25 to 40 cents take effect in Ontario, Prince Edward Island, Nova Scotia, Manitoba, and Saskatchewan, bringing their respective rates to $17.95, $17.30, $17.00, $16.40, and $15.70 per hour. Ontario has tied its adjustment directly to the rising cost of living. With these changes, Alberta maintains the lowest minimum wage in the country at $15.00 an hour, having not increased it since 2019, while Nunavut leads the country at just over $20.00 an hour following an increase at the beginning of September.

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• Edmonton's housing affordability predicted to remain solid

  Source: Alberta - Edmonton Journal (Legislature & Capital)
  Date: 2026-09-24 16:55:23.0
  Tags: [Alberta, Municipal, Housing, Affordability, Economy, Infrastructure]

  According to the Fall 2026 Housing Supply Report released by the Canada Mortgage and Housing Corp. (CMHC), Edmonton's housing affordability is predicted to return to 2019 levels within 10 years, moving from an average price-to-income ratio of 30 per cent down to 25 per cent. The CMHC report highlights that Edmonton has no measurable housing supply gap, driven by a sustained average annual start pace of 15,000 units, well-supported by recent high construction levels including a record-setting 21,337 starts in 2025. Realtors Association of Edmonton statistics note that Edmonton's average home prices have increased by more than 20 per cent over the past five years, while the city continues to experience strong economic growth of about six per cent annually.

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