Since 2021, home prices in Alberta have seen mixed results. Single-family detached homes in Calgary now have a median price of $705,000, up from $590,856 in 2021. Meanwhile, condos in Calgary have only seen their median price increase from $234,301 to $243,300 over the same time period.. The average residential home price in Alberta was $497,473 in March, according to the Alberta Real Estate Association — a gain of almost 10% since last March. Detached homes cost $589,666 on.
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Alberta’s mortgage performance . The national economy has not yet dipped into recession, and labour markets remain tight. Also, home prices are falling slightly with higher rates, so more buyers may once again enter the market. In Alberta, the value of new mortgage loans has been declining as rates have come up. In Q3 of 2022, new mortgage.. What Are the Average Mortgage Rates in Alberta? Currently, rates in Alberta hover between 4.94% and 6.84% for 5-year fixed-rate mortgages and 5.90% to 7.22% for 5-year variable mortgages. Rates.