One Alberta city is seeing house sales rise by nearly 50%
The real estate market in many spots in Alberta is cooling a bit to start this year, but one city has seen a big jump in its overall sales year-over-year.
According to market statistics for January 2026 from the Alberta Real Estate Association (AREA), some spots in the province are seeing a big drop in sales, but one city is skyrocketing.
Year-over-year data revealed that just two cities in Alberta are seeing a rise in sales, with Red Deer being up 1.1 per cent year-over-year with 96 sales.
The City of Medicine Hat is the standout in the province, with 64 sales in January, a 48.8 per cent year-over-year increase.
City of Medicine Hat/Facebook
The report added that in Medicine Hat, the months of supply fell to 1.84 in January, down 26 per cent year-over-year. Year-over-year average prices have risen by 19 per cent.
The largest average price increases were seen for apartments at 32.2 per cent, followed by detached homes at 9.3 per cent, row at 1.8 per cent, while average prices fell for semi-detached by 1.8 per cent.
Looking at the province as a whole, the AREA stated January saw a 19.2 per cent year-over-year drop in sales, with the biggest drops seen in row housing and apartments for the tenth straight month. New listings decreased by 1.3 per cent year-over-year. Inventory increased 11.6 per cent year over year. The sales-to-new listings fell to 47 per cent.
There were 3.84 months of supply in January, up 38.1 per cent year-over-year. Calgary and Edmonton are continuing to see a loosening of supplies, while Grande Prairie continues to have the tightest conditions in the province, having 1.64 months of supply. Fort McMurray rose significantly to 4.47 months. All regions experienced year-to-date average price declines except Calgary (+2 per cent) and Medicine Hat (+19 per cent).
You can view the full statistics online.