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Edmonton's cooling housing market creates an opportunity for renters to become homeowners

Deciding whether to rent or buy a home in Edmonton may come down to lifestyle choices
Edison 50 located at 5411 7th Avenue SW is one of Carrington Communities' latest rental buildings. (Michael Mulligan/CoStar)
Edison 50 located at 5411 7th Avenue SW is one of Carrington Communities' latest rental buildings. (Michael Mulligan/CoStar)
CoStar Analytics
November 3, 2025 | 11:30 AM

Edmonton has long been one of Canada’s most affordable major cities for housing. However, despite its clear affordability, providing renters with an opportunity to become homeowners, several factors have worked to limit home-buying activity in the province.

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News | Edmonton's cooling housing market creates an opportunity for renters to become homeowners