Seller's Market
Mortgage Rates in Edmonton, AB
Edmonton is Alberta's capital and Canada's most affordable major city, with a stable government and healthcare employment base and strong rental yields.
Avg Home Price
$420,000
Benchmark Price
$400,000
Year-Over-Year
↑ 3.8%
Best 5-Yr Fixed
4.89%
Today's Best Rates Near Edmonton
| Rate Type | Best Rate |
|---|---|
| 5-Year Fixed | 4.89% |
| 5-Year Variable | 5.45% |
| 3-Year Fixed | 4.74% |
| 2-Year Fixed | 5.1% |
| HELOC | 6.2% |
*Based on $500K mortgage, 25-year amortization, Canadian semi-annual compounding. Last updated: May 25, 2026.
Edmonton Real Estate Market
Seller's Market: Demand exceeds supply — homes sell quickly and often above asking price.
Edmonton is Alberta's capital and Canada's most affordable major city, with a stable government and healthcare employment base and strong rental yields.
Land Transfer Tax — Edmonton
Edmonton has no land transfer tax, a significant saving compared to other major Canadian cities.
Neighbourhoods in Edmonton
GlenoraStrathconaOliverWindermereSherwood Park
Frequently Asked Questions
What is the average home price in Edmonton?
The average home price in Edmonton is approximately $420,000, making it Canada's most affordable major city by a significant margin.
Is Edmonton or Calgary better for real estate?
Calgary has seen stronger price growth and has a more diversified economy. Edmonton is more affordable with stable government employment. Both offer no land transfer tax.
Does Edmonton have a land transfer tax?
No — Edmonton and all of Alberta have no land transfer tax, a major advantage over comparable purchases in Ontario or BC.
What are the best neighbourhoods in Edmonton?
Glenora is one of Edmonton's most prestigious. Strathcona is arts-focused. Oliver is urban and walkable. Windermere in the southwest is popular for new families.
Is Edmonton real estate a good investment?
Edmonton offers some of Canada's best rental yields relative to purchase prices. The city's government, healthcare, and university employment provide stable rental demand.
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