Alberta Market Indicators Developers Should Track in 2026
Alberta’s construction and real estate market has changed from a market where almost everyone won to a selective one. In 2025 the province set a new housing starts record with 54,858 units. In 2026 starts are forecast to fall to about 45,000, inventory has grown in some segments, buyers have more negotiating power and builders..
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Missing Middle Housing in Alberta: 70% of 2025 Starts Were Multi-Unit
Alberta recorded 54,858 housing starts in 2025, a provincial record. Many people read that number as a single-family housing boom. It was not. According to ATB Financial’s analysis of CMHC data, 70% of the province’s 2025 starts were multi-unit dwellings: apartments, rowhouses, multiplexes and other attached forms. That is the highest share on record and..
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As-Built Surveys for Renovations: Why Budgets Fail Without Accurate Site Data
Renovations and commercial fit-outs have a reputation for going over budget and over schedule. The usual suspects are hidden damage, slow trades and indecisive clients. But in most projects I have reviewed, the real cause was decided before the first tool was picked up: the design and the budget were based on information about the..
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Building Permits Up 9.8%, Construction GDP Down 0.6%: Reading Canada’s Q4 2025 Data
At the end of 2025, two Canadian construction indicators moved in opposite directions. Building permit values jumped 9.8% in the fourth quarter, the strongest quarterly gain since 2021. In the same quarter, real construction GDP fell 0.6%, its first decline after six consecutive quarters of growth. Many headlines read the permit number as a boom..
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Building Permit Delays in Alberta: Why Incomplete Applications Cost Months
Waiting for a building permit is one of the most frustrating parts of any construction project. Owners blame the municipality, contractors blame the designers and everyone loses weeks. But a large share of permit delays have nothing to do with how fast the city works. They come from applications that are not complete when they..
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Construction Project Governance: Why Coordination Beats Funding in Alberta
Alberta has one of the largest construction pipelines in Canada. Industry estimates put the province’s inventory of major capital projects in the hundreds of billions of dollars, and construction employment in Alberta grew faster than in any other province in early 2026. Yet the biggest risk to that pipeline is not money, and it is..
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Alberta Continuing Care Construction: $400M for 1,100 New Spaces
On April 30, 2026, the Government of Alberta announced more than $400 million for 11 shovel-ready continuing care projects that will add over 1,100 net-new spaces. While much of the attention in Alberta’s construction market has focused on housing starts and condo inventory, continuing care has quietly become one of the most active and best-funded..
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Renovation Budget Overruns: Why They Happen at Rough-In
On signing day, every renovation looks on budget. The quote is clear, the schedule fits and everyone is optimistic. Then the project reaches rough-in, the stage when plumbing, electrical and mechanical services are installed inside open walls, and the numbers start to move. A fixture is relocated, a wall shifts a few centimetres, a vanity..
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Alberta’s Construction Pipeline Is Funded. Who Will Build It?
Alberta has one of the largest construction pipelines in Canada. ICBA’s Winter 2026 Construction Monitor estimates major projects at about $166 billion, with roughly $71 billion under construction, and other industry estimates of proposed and planned projects are higher still. The capital is largely committed. The crews are not. Most feasibility studies model land, costs,..
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Alberta Broke Every Construction Record in 2025. Records Are Not a Strategy
2025 was the biggest year for housing construction in Alberta’s history. The province recorded 54,858 housing starts, beating the previous record set in 2006, and both Calgary and Edmonton posted record annual totals. Yet by early 2026 the conversation had changed: resale activity slowed, inventory rose in the condo segment and forecasters expected starts to..
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Eros Belotti 01.
Eros belotti
Construction project manager with over 20 years of experience in Europe and the Canary Islands. Specialized in modular housing, container construction, real estate development and international project management. Founder of Reforma Vivienda Tenerife and Donkey Lab.
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