How has immigration impacted Edmonton housing demand?
Quick Answer
Short answer: Immigrant households accounted for 28% of first-time-buyer mortgages in 2024.
Detailed Explanation
CMHC's Mortgage Consumer Survey shows newcomer share of Edmonton originations climbed from 16% in 2018 to 28% last year. Many arrivals favour new-build duplexes in Chappelle or Secord, pushing suburban lot absorption to a record 8,800 units.
- Top countries: Philippines, India, Nigeria
- Average newcomer down payment: 14%
- Rental demand also surged: 4,000 net new leases in 2024
Disclaimer: This page is for general information only and does not constitute legal, financial, or real estate advice. Always verify details with a licensed Alberta REALTOR®, mortgage professional, or lawyer before making decisions. Buy in Edmonton assumes no liability for actions taken based on this content.
Tim Grover, RE/MAX Excellence • 780-288-5144 • 5607 199 Street NW, Edmonton, AB
Related Questions
- Is Edmonton's housing market overvalued in 2025?
- Will Edmonton home prices crash?
- How long do homes stay on the market in Edmonton?
- Is it better to rent or buy in Edmonton in 2025?
- What's driving Edmonton's population growth?
- How do Edmonton home prices compare to Calgary's?
- Are condos a good investment in Edmonton?
- What's the outlook for Edmonton commercial real estate?
- How do oil prices affect Edmonton housing?
- How did 2024–25 rate hikes affect sales volume?
- Which neighbourhoods saw the strongest price growth in the last 12 months?
- Are multiple-offer situations common in 2025?
- What's the mortgage-rate forecast for 2026?
- What is Edmonton's current rental-vacancy rate and why does it matter to investors?
- How have new-construction starts changed year-over-year?
- Should investors focus on purpose-built rentals or condo units?
- What's Edmonton's affordability ranking nationally?
- How do Edmonton property taxes compare to other major cities?
- What role does the Ring Road play in Edmonton's housing market?
- Can a REALTOR® really give me an edge by interpreting market trends?
- Can a REALTOR® really give me an edge by interpreting market trends?
- Is it cheaper to rent or buy a family-sized home in Edmonton (2024 data)?
- How does renting a townhome compare to buying the same townhome in Edmonton?
- How much does renting versus owning cost in Edmonton (2025)?
- Is Edmonton's housing market overvalued in 2025?
- Will Edmonton home prices crash?
- How long do homes stay on the market in Edmonton?
- Is it better to rent or buy in Edmonton in 2025?
- What's driving Edmonton's population growth?
- How do Edmonton home prices compare to Calgary's?
- Are condos a good investment in Edmonton?
- What's the outlook for Edmonton commercial real estate?
- How do oil prices affect Edmonton housing?
- How did 2024–25 rate hikes affect sales volume?
- Which neighbourhoods saw the strongest price growth in the last 12 months?
- Are multiple-offer situations common in 2025?
- What's the mortgage-rate forecast for 2026?
- What is Edmonton's current rental-vacancy rate and why does it matter to investors?
- How have new-construction starts changed year-over-year?
- Should investors focus on purpose-built rentals or condo units?
- What's Edmonton's affordability ranking nationally?
- How do Edmonton property taxes compare to other major cities?
- What role does the Ring Road play in Edmonton's housing market?
- Can a REALTOR® really give me an edge by interpreting market trends?
- Can a REALTOR® really give me an edge by interpreting market trends?
- Is it cheaper to rent or buy a family-sized home in Edmonton (2024 data)?
- How does renting a townhome compare to buying the same townhome in Edmonton?
- How much does renting versus owning cost in Edmonton (2025)?