Last week, the Bank of Canada has announced that it will hold the key interest rate, keeping the prime rate at 4.45%. For homeowners with variable-rate mortgages in Edmonton and surrounding areas, this means no change to mortgage payments — a welcome pause for local families and investors.

Here’s a breakdown of what the Bank’s latest announcement means for the Alberta economy, the Edmonton housing market, and your real estate decisions.

Interest Rates: Stability for Alberta Homeowners

By holding the policy rate steady, the Bank of Canada signaled that current borrowing costs remain appropriate for today's economic conditions. For Edmonton residents:

  • Variable-rate mortgage payments remain unchanged

  • Fixed mortgage rates are…

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Rachel Fung & AssociatesAs we step into 2026, all of us at Rachel Fung & Associates want to start by saying thank you. Whether you’ve worked with us before, followed along on our journey, or are just getting to know our team, we are incredibly grateful for the trust and support that continues to shape our Edmonton real estate business.

A new year always brings a sense of possibility. For some, 2026 may be the year you buy your first home in Edmonton. For others, it may be the right time to upsize, downsize, invest in Edmonton real estate, or sell a property that has meant so much to you. No matter the situation, we believe every real estate decision is deeply personal—and that’s where our approach begins.

At Rachel Fung & Associates, we are proud to be a…

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As we move into a new year, it’s a natural time to reflect on where the Edmonton real estate market has been—and where it may be heading. The past year brought change, opportunity, and important lessons for buyers, sellers, and investors alike. At Rachel Fung & Associates, we believe understanding the market is key to making confident decisions, so let’s take a look back at Edmonton real estate in 2025 and what we’re watching as we move into 2026.

Looking Back: The 2025 Edmonton Real Estate Market

The 2025 Edmonton housing market continued to show resilience. While market conditions varied by neighborhood and property type, one consistent theme stood out: Edmonton remained a city of opportunity.

Buyers in 2025 benefited from Edmonton’s relative…

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