# McNamara Industrial: Edmonton's Q2 2026 Sales Drop 8.5% as Inventory Rises 15.1% Edmonton residential sales fell 8.5% year-over-year in Q2 2026 to 8,437 units, while inventory rose 15.1% relative to the same period last year. These city-level measures are not measured at the McNamara Industrial neighbourhood level. Published 2026-09-25. Evidence snapshot 2026-10-12. ## Key facts and reporting periods - Average Sale Price: 457000 cad. Property type: SingleFamily. Scope: Edmonton, AB. Reporting date: 2026-10-11. [Source](https://www.canadianrealestatemagazine.ca/expert-advice/homeownership-in-canada-what-to-expect/) - Average Sale Price: 469602 cad. Property type: All. Scope: Edmonton, AB. Reporting date: 2026-10-10. [Source](https://stats.crea.ca/board/edmo/) - Average Sale Price: 424322 cad. Property type: SingleFamily. Scope: Edmonton, AB. Reporting date: 2026-10-10. [Source](https://stats.crea.ca/board/edmo/) - Average Sale Price: 469602 cad. Property type: All. Scope: Edmonton, AB. Reporting date: 2026-10-10. [Source](https://stats.crea.ca/board/edmo) - Average Sale Price: 424322 cad. Property type: SingleFamily. Scope: Edmonton, AB. Reporting date: 2026-10-10. [Source](https://stats.crea.ca/board/edmo) - Benchmark Price: 426900 cad. Property type: All. Scope: Edmonton, AB. Reporting date: 2026-10-10. [Source](https://stats.crea.ca/board/edmo/) - Benchmark Price: 426900 cad. Property type: All. Scope: Edmonton, AB. Reporting date: 2026-10-10. [Source](https://stats.crea.ca/board/edmo) - New Listings: 3769 count. Property type: All. Scope: Edmonton, AB. Reporting date: 2026-10-10. [Source](https://stats.crea.ca/board/edmo/) ## Market summary Edmonton residential sales fell 8.5% year-over-year in Q2 2026 to 8,437 units, while inventory rose 15.1% relative to the same period last year. These city-level measures are not measured at the McNamara Industrial neighbourhood level. ## Central finding The Greater Edmonton Area experienced a measurable contraction in residential transaction volume and an expansion in active inventory during mid-2026. This shift from a seller-favorable balance toward greater supply availability creates a distinct decision environment for buyers and sellers operating within the broader Edmonton market context. Sources: [REALTORS® Association of Edmonton | CREA Statistics](https://stats.crea.ca/board/edmo) [Edmonton Residential Activity | CREA Statistics](https://stats.crea.ca/mls/edmo-residential-activity) ## How the numbers connect Calculates the year-over-year change in Edmonton residential sales volume between Q2 2025 and Q2 2026. Calculation: (Q2 2026 Sales - Q2 2025 Sales) / Q2 2025 Sales * 100. Using reported values: (8,437 - 9,221) / 9,221 * 100 = -8.5%. The source explicitly reports this as an 8.5% decrease. Definitions: Residential property sales in the Greater Edmonton Area. Observation period is the second quarter of 2026 compared to the second quarter of 2025. Geography is the city of Edmonton, AB. Limit: This calculation establishes a change in total transaction count over two specific quarters. It does not establish a sustained trend, structural change, or neighborhood-specific outcome for McNamara Industrial. Sources: [Edmonton Residential Activity | CREA Statistics](https://stats.crea.ca/mls/edmo-residential-activity) ## Edmonton Sales Volume Declines Amid Rising Inventory Levels In the second quarter of 2026, residential property sales in the Greater Edmonton Area numbered 8,437 units, representing an 8.5% decrease compared to the same quarter in 2025. Concurrently, new listings totaled 3,769 in August 2026, marking an 8.1% month-over-month drop but a 3.3% year-over-year increase. Overall inventory levels rose 15.1% relative to the same period last year, signaling ample supply in the Edmonton market. These figures are measured at the city level and do not constitute a measurement of the McNamara Industrial neighbourhood specifically. The divergence between falling sales volume and rising inventory suggests a shift in market balance. While the Wahi report classified the Edmonton market as a Strong Seller's Market for all property types in August, the underlying data shows a clear reduction in transaction velocity. For agents operating in areas like McNamara Industrial, this indicates that buyer competition may be moderating, potentially extending days on market and providing more negotiating leverage than observed in earlier periods of tighter supply. Sources: [REALTORS® Association of Edmonton | CREA Statistics](https://stats.crea.ca/board/edmo) [Edmonton Residential Activity | CREA Statistics](https://stats.crea.ca/mls/edmo-residential-activity) [REALTORS® Association of Edmonton | CREA Statistics](https://stats.crea.ca/board/edmo/) ## Mortgage Renewal Wave and Rate Forecasts Shape Borrowing Capacity National financing conditions present a complex backdrop for local demand. Over the next year, the last of the five-year fixed-rate mortgages taken out during the pandemic will come up for renewal, representing approximately 12% of all outstanding Canadian mortgages. On average, these borrowers can expect their monthly payments to increase by 15%, according to Royal LePage citing Bank of Canada data. This renewal wave could constrain household disposable income and borrowing capacity, potentially dampening demand for new purchases across the country, including in Alberta. Locally, mortgage forecasts suggest that fixed rates in Alberta are likely to remain between 3.75% and 4.25% for the remainder of 2025, with potential reductions in variable rates if the Bank of Canada lowers its policy rate. The mechanism links national interest rate movements to local affordability, but the specific impact on this neighbourhood remains unmeasured in the retained evidence. Sources: [Royal LePage Blog | Canadian Real Estate News | Canada's housing market poised for a fall rebound after a slow spring - Royal LePage Blog | Canadian Real Estate News](https://blog.royallepage.ca/canadas-housing-market-poised-for-a-fall-rebound-after-a-slow-spring/) [Mortgages in Edmonton: Understanding Key Terms and Rate Forecast](https://www.topedmontonrealestate.ca/mortgages-in-edmonton-understanding-key-terms-and-rate-forecast) ## Federal Infrastructure Funding Conditions Influence Long-Term Supply Potential The Canada Housing Infrastructure Fund allocates $6 billion over 10 years to support housing-enabling infrastructure, with specific conditions attached to funding eligibility. Communities with populations over 30,000 must implement zoning changes allowing four units as-of-right to qualify for this funding. Additionally, municipalities with populations over 300,000 must freeze Development Charges for three years at pre-April 2, 2024 rates. These federal policy levers aim to reduce barriers to new construction and improve project viability in large cities like Edmonton. While these funds are directed at public infrastructure and municipal planning, their long-term effect on housing supply composition depends on local implementation decisions. The Direct Delivery stream requires substantial completion by September 2031, setting a multi-year timeline for infrastructure upgrades that could enable higher-density development. Sources: [Canada Housing Infrastructure Fund - Housing, Infrastructure and Communities Canada](https://housing-infrastructure.canada.ca/housing-logement/chif-fcil/index-eng.html) ## The strongest counter-case While sales volume declined, the MLS Home Price Index composite benchmark price decreased only 0.6% month-over-month and 0.6% year-over-year, suggesting price stability despite reduced transaction activity. Additionally, detached home prices averaged $575,575, increasing 1.0% year-over-year, indicating that segment-specific demand may remain resilient even as overall volume softens. Sources: [REALTORS® Association of Edmonton | CREA Statistics](https://stats.crea.ca/board/edmo) ## Living here Mapped inside McNamara Industrial are 16 transit stops and 1 recreation facility. Named transit stops include 174 Street & 107 Avenue, 176 Street & 107 Avenue, 172 Street & 107 Avenue, 170 Street & 107 Avenue, 178 Street & 107 Avenue, 170 Street & 109 Avenue, 178 Street & 109 Avenue, 178 Street & 106A Avenue, and 178 Street & 110 Avenue. The single recreation point is categorized generally as Recreation without a specific name provided in the direct amenity list. Sources: [174 Street & 107 Avenue](https://www.openstreetmap.org/node/2072460073) ## The early signal New Listings count and Active Inventory levels in the Greater Edmonton Area. How it reaches the market: Rising inventory levels and new listing counts precede changes in average sale prices and days on market. As supply increases relative to demand, competitive pressure on sellers decreases, leading to longer marketing times and potential price adjustments. This indicator moves before headline price indices reflect the shift in market balance. Typical lead time: Inventory and new listing trends typically lead price changes by one to two months, as sellers adjust expectations based on real-time feedback from showings and offers. Sources: [REALTORS® Association of Edmonton | CREA Statistics](https://stats.crea.ca/board/edmo) ## Next 3 months, Through December 2026 Prices: flat. Edmonton benchmark prices expected to remain within a narrow range, reflecting stable but softening demand. This is a parent-geography scenario, not a measured McNamara Industrial result. Why: The 0.6% year-over-year decrease in the GEA benchmark price and 15.1% rise in inventory suggest downward pressure is being absorbed by stable detached home prices. Seasonal cooling in late 2026 may moderate further declines. Buyers: wait. Waiting allows buyers to observe if the rising inventory translates into lower asking prices or increased negotiation leverage in the coming months. Sellers: list now. Sellers acting now benefit from the remaining seller's market classification before inventory continues to build, potentially reducing competition for buyers. Watch: A significant drop in new listings or a reversal in inventory growth would indicate renewed demand strength, overturning the flat price expectation. Confidence: moderate. Sources: [REALTORS® Association of Edmonton | CREA Statistics](https://stats.crea.ca/board/edmo) [Edmonton Housing Market Report: 20th Sep, 2026 | Wahi](https://wahi.com/ca/en/housing-market/ab/edmonton) ## Next 6 months, Through March 2027 Prices: falling. Modest price declines in Edmonton as the full impact of the 15.1% inventory increase and mortgage renewal wave materializes. This is a parent-geography scenario, not a measured McNamara Industrial result. Why: The combination of rising supply and the 15% average payment increase for renewing borrowers suggests continued pressure on affordability and demand. If the Bank of Canada does not cut rates significantly, borrowing costs will remain elevated. Buyers: buy now. Acting now may allow buyers to secure properties before further price adjustments occur, though they face higher competition from other motivated buyers. Sellers: wait. Waiting may result in lower final sale prices due to increased inventory and reduced buyer purchasing power, but it avoids the cost of holding property through a downturn. Watch: A significant Bank of Canada rate cut or a surge in immigration-driven demand could reverse the falling price trajectory. Confidence: low. Sources: [Royal LePage Blog | Canadian Real Estate News | Canada's housing market poised for a fall rebound after a slow spring - Royal LePage Blog | Canadian Real Estate News](https://blog.royallepage.ca/canadas-housing-market-poised-for-a-fall-rebound-after-a-slow-spring/) [Mortgages in Edmonton: Understanding Key Terms and Rate Forecast](https://www.topedmontonrealestate.ca/mortgages-in-edmonton-understanding-key-terms-and-rate-forecast) ## Next 12 months, Through September 2027 Prices: flat. Edmonton prices expected to stabilize as the market adjusts to new supply levels and financing conditions. This is a parent-geography scenario, not a measured McNamara Industrial result. Why: Long-term stabilization depends on the pace of new construction completions and the effectiveness of federal infrastructure funding in enabling supply. The 187,000 to 238,000 annual homes needed nationally suggests ongoing supply constraints that may support price floors. Buyers: either way. Buyers have flexibility to act either now or later, as the market is expected to reach equilibrium. Timing should depend on individual financial readiness rather than market timing. Sellers: either way. Sellers can choose to sell now or wait, as the market is projected to stabilize. Pricing strategy should focus on accurate valuation rather than speculative timing. Watch: Major shifts in national economic policy or unexpected disruptions to housing supply chains could alter the stabilization outlook. Confidence: low. Sources: [Housing research, finance and mortgage insurance in Canada | CMHC](https://www.cmhc-schl.gc.ca/professionals) [Canada Housing Infrastructure Fund - Housing, Infrastructure and Communities Canada](https://housing-infrastructure.canada.ca/housing-logement/chif-fcil/index-eng.html) Assumptions: The Bank of Canada maintains its current monetary policy stance unless economic indicators necessitate a change; Federal infrastructure funding is allocated and implemented according to the stated timelines and conditions; No major external shocks to the Canadian economy or housing market occur within the forecast period. What would reverse this: A rapid decline in interest rates combined with a surge in population growth could reverse the falling price trajectory, leading to renewed upward pressure on Edmonton housing prices. Sources: [Mortgages in Edmonton: Understanding Key Terms and Rate Forecast](https://www.topedmontonrealestate.ca/mortgages-in-edmonton-understanding-key-terms-and-rate-forecast) [Statistics Canada Table 17-10-0155-01](https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1710015501) ## Sources - [REALTORS® Association of Edmonton | CREA Statistics](https://stats.crea.ca/board/edmo): Source reference date 20 September 2026 (observation period not stated). Scope: city, Edmonton, AB. - [Edmonton Residential Activity | CREA Statistics](https://stats.crea.ca/mls/edmo-residential-activity): Observation reference period: 30 June 2026. Scope: city, Edmonton, AB. - [REALTORS® Association of Edmonton | CREA Statistics](https://stats.crea.ca/board/edmo/): Source reference date 20 September 2026 (observation period not stated). Scope: city, Edmonton, AB. - [Royal LePage Blog | Canadian Real Estate News | Canada's housing market poised for a fall rebound after a slow spring - Royal LePage Blog | Canadian Real Estate News](https://blog.royallepage.ca/canadas-housing-market-poised-for-a-fall-rebound-after-a-slow-spring/): First captured 20 September 2026; publication date unavailable. Scope: National, CA. - [Mortgages in Edmonton: Understanding Key Terms and Rate Forecast](https://www.topedmontonrealestate.ca/mortgages-in-edmonton-understanding-key-terms-and-rate-forecast): First captured 20 September 2026; publication date unavailable. Scope: City, Edmonton, AB. - [Canada Housing Infrastructure Fund - Housing, Infrastructure and Communities Canada](https://housing-infrastructure.canada.ca/housing-logement/chif-fcil/index-eng.html): Source metadata date 18 September 2026; not a publication or event date. Scope: National, CA. - [174 Street & 107 Avenue](https://www.openstreetmap.org/node/2072460073): date unavailable. Scope: neighbourhood. - [Statistics Canada Table 17-10-0155-01](https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1710015501): date unavailable. Scope: Census subdivision/municipality; not neighbourhood-level, Edmonton, AB. - [Edmonton Housing Market Report: 20th Sep, 2026 | Wahi](https://wahi.com/ca/en/housing-market/ab/edmonton): Source reference date 20 September 2026 (observation period not stated). Scope: city, Edmonton, AB. - [Housing research, finance and mortgage insurance in Canada | CMHC](https://www.cmhc-schl.gc.ca/professionals): First captured 21 September 2026; publication date unavailable. Scope: National, CA. Prepared by Aurynge with AI-assisted research and writing. See /methodology for the evidence and publication policy.