Home Values Are Expected to Rise: What It Means for Home Buyers

Jun 23

If you're planning to buy a home in Alberta, you're likely asking: "Is now a good time to buy?" You're not alone. According to a recent survey, 74% of Canadians believe the value of their home will increase in the next 12 months. For Alberta home buyers, that optimism could signal opportunity—if you're prepared.

Let’s break down what this means and how you can use it to your advantage.

Why Are Homeowners So Confident?

Despite market ups and downs over the past few years, confidence in Canadian real estate remains strong. In Alberta specifically, regions like Edmonton, Calgary, and smaller surrounding markets have seen steady price growth, driven by:

Population increases (including interprovincial migration)
Low housing inventory
Stable employment rates in key sectors
Renewed investor interest

This creates a market dynamic where demand continues to outpace supply—especially in the entry-level and move-up home segments. And when demand exceeds supply, prices typically follow an upward trend.

🏠 What This Means for Alberta Home Buyers

If 74% of current homeowners believe their home value will go up, that should be a key insight for buyers sitting on the sidelines. Why?

Because the longer you wait, the more you may end up paying.

In Alberta, while prices are still considered more affordable than in provinces like B.C. or Ontario, we are seeing gradual increases in average home prices, especially in desirable family-friendly communities.

Buying now could mean:

✅ Locking in a lower purchase price
✅ Building equity sooner
✅ Avoiding price hikes that may arrive in the next 6–12 months

💡 Use Equity to Your Advantage (Future-Proof Your Plan)

If you already own a home and are looking to move up or refinance, this trend is also your friend.

Rising property values = more equity, which could be used for:

A larger down payment on your next home
Renovations or upgrades
Debt consolidation
Starting or growing an investment property portfolio

🤔 Still Waiting? Here’s What to Watch

Not sure if you’re ready to buy in Alberta yet? That’s okay. But here’s what you should do while you wait:

Start tracking your local market (Edmonton, Calgary, Red Deer, etc.)
Get pre-approved so you know what you can afford
Have a plan for your down payment—especially if you’re relying on a gift
Talk to a mortgage broker to build a realistic timeline

📣 Final Thoughts: Confidence Points to Opportunity

If nearly 3 out of 4 Canadians believe their home value is going to increase, it’s worth asking yourself—are you positioned to benefit from that growth?

Whether you’re buying your first home, moving up, or just exploring what’s possible, Alberta’s housing market still offers opportunity. But the key is having a strategy—and the right support.

💬 Want to understand how rising values affect your buying power? Let’s connect and build a plan that works for you.