Why Is Edmonton’s Multi-Family Market Booming?

In 2025, small investors continue driving Edmonton’s multi-family market growth, boosting housing supply significantly.
New zoning rules allow up to 10 units per lot, encouraging multi-family developments in mature neighborhoods.
Multi-family growth in 2025 improves rental supply but makes single-family homes less affordable for first-time buyers.
Deep-pocketed developers outbid first-time buyers, increasing competition but also expanding affordable small-unit ownership options.
Younger buyers in 2025 favor smaller, affordable homes, redefining homeownership beyond traditional detached houses.