Tracey Stevens, Realtor

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Spruce Grove, AB
Tracey Stevens, Realtor

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CRB, CIPS, ABR with expertise in Real Estate Brokerages and Investment Transactions.

11/01/2026

What Alberta's new zoning changes mean for Edmonton
Alberta has now directed Edmonton to undo its 2024 zoning changes—meaning we’ll see a return to pre-2024 rules when it comes to housing types, density, building heights, and parking. The city has been given a three-month window to adjust its bylaws. This move, prompted by concerns around high-density development, will have ripple effects not just for planners, but for anyone invested in Edmonton’s evolving housing landscape. Calgary, meanwhile, will keep its current zoning in place.

As someone who’s spent decades navigating the fine print of property management and community revitalization, I see the restoration of these regulations as more than a policy shift—it’s a signal of how our province is balancing growth and livability, especially for communities with unique housing needs. For those watching the future of Edmonton’s neighborhoods and investment opportunities, these decisions are worth following closely.

https://www.housing-trends.com/agent-news/tracey-dempster/2174974-What-Alberta%27s-new-zoning-changes-mean-for-Edmonton

10/31/2026

Restrictive Covenants in Alberta: What Property Owners and Developers Need to Know
Restrictive covenants are one of those fine-print aspects in Alberta real estate that can shape the future of any parcel—residential or commercial. With more than two decades spent navigating everything from revitalizing underperforming assets to managing major developments, I’ve seen how these covenants persist across ownership changes and silently govern land use. Before finalizing a purchase, it’s essential to examine the title, confirm the property aligns with your intended use, and, when in doubt, consult a legal expert. This proactive approach helps protect your investment and supports healthy, sustainable communities—something I care deeply about in my work with clients and in the broader context of local development.

https://www.housing-trends.com/agent-news/tracey-dempster/2151325-Restrictive-Covenants-in-Alberta%3A-What-Property-Owners-and-D

10/30/2026

Edmonton Housing Market Remains Stable in September
September brought a noticeable shift in the Greater Edmonton Area’s housing landscape. Home sales softened by 8.8% compared to August, and we’re seeing a 10.3% dip year-over-year. The benchmark price edged down 0.9%, settling at $423,100. Meanwhile, a 7.2% uptick in new listings has added some breathing room to our inventory. The cooling in both prices and sales is evident across most property types.

As someone who’s spent over two decades immersed in Edmonton’s residential and commercial markets—and with a passion for community resilience—I see these numbers as part of the larger, cyclical story of our city’s housing economy. Market shifts like this are reminders of why strategic guidance and a nuanced understanding of local dynamics matter, especially for those navigating decisions about property, investment, and community development.

https://www.housing-trends.com/agent-news/tracey-dempster/2168873-Edmonton-Housing-Market-Remains-Stable-in-September

10/29/2026

Canada’s Rental Conditions Grow More Favourable
As we moved through late Q3, it became clear that Canada’s rental landscape was shifting in favour of renters. National asking rents for one- and two-bedroom units remained steady month-over-month in mid-Q3—a subtle, yet meaningful indicator for those monitoring affordability and stability. While annual rent declines continued, the year-over-year drop was the smallest we’ve seen since early Q1 2025, pointing toward an early stage of stabilization in the rental market. Vancouver still tops the list as Canada’s most expensive rental city, while Edmonton offers the lowest average asking rents in the index. Calgary’s position at 16th among tracked markets situates it comfortably in the middle, giving renters a diverse range of options. As someone who has spent decades navigating housing economics and advocating for balanced, resilient communities, I see these trends as a positive step. Softer annual pricing and early signs of a renter-friendlier environment suggest the market is gradually finding its equilibrium after a prolonged cooldown—an encouraging development for those seeking quality housing and sustainable growth.

10/28/2026

Alberta Changes Condominium Governance Rules
Alberta’s latest updates to condominium governance mark an important shift for owners, boards, and the broader real estate community. As someone who’s spent over two decades immersed in property management and development, I see the 2026 reforms as an overdue step toward greater clarity, efficiency, and fairness in our sector. With the new tribunal in place since April 1, 2026, condo owners and boards now have a practical alternative for resolving disputes—one that sidesteps the time and expense of the courts.

The funding model—a $9 per-unit annual service fee plus application fees—reflects a shared commitment to accessible justice, with payment due by year-end. Boards now have clear guidelines for chargebacks: if permitted by bylaws, they’re treated as contributions, and there’s a duty to investigate costs, hear owner responses, and decide by resolution. For new developments occupied after February 26, 2026, a technical analysis is required within four years, while owner voting at meetings has been streamlined for simplicity.

From my vantage point—balancing asset revitalization with community impact—these changes empower condo communities to operate with greater transparency and accountability. They also reinforce the importance of strategic governance, something I champion daily in my practice.

10/27/2026

Mississauga and Canada Enjoy Two Years of Falling Rents
After two decades spent in the heart of property management and residential development, I’ve seen trends ebb and flow—but it’s notable when rents in Mississauga continue their 24-month downward slide. With the average rent now at $2,337, and one-bedrooms at $2,036, we’re witnessing a sustained, national shift. Two-bedroom units are averaging $2,423, offering a different dynamic for families or roommates weighing their options. Contrast this with West Coast cities, where average rents have climbed to $3,028—a stark reminder of Canada’s regional disparities. For those of us dedicated to revitalizing communities and ensuring access to sustainable housing, such numbers are more than market trivia; they’re signals that shape our decisions and, ultimately, the well-being of our neighbourhoods.

10/26/2026

Edmonton Buyers Gain More Options
As Edmonton transitions through late Q3 2026, we’re seeing homebuyers enjoy a broader array of choices. The city’s aggregate home price stands at $479,500, marking a modest increase of less than 1% over the past year, and a slight dip from the previous quarter as the market eases its pace. Detached homes reached a median price of $529,600—again, a gentle yearly gain under 1%—while condos rose to $207,700 with similar restraint.

After carrying solid momentum into early Q3, the Edmonton market softened, shaped by slower in-migration, regional flooding, and a sense of less urgency among buyers. The result? Inventory has expanded, allowing buyers more breathing room to thoughtfully compare homes—an important shift toward a more balanced environment.

With over two decades guiding clients through Edmonton’s evolving housing landscape, I’ve seen how greater choice empowers buyers and helps communities thrive. As we look ahead, forecasts suggest a possible 2% yearly rise in prices by early Q4 2026, with steadier sales anticipated for the first half of 2027. For those considering their next move, this landscape invites careful, informed decision-making—an approach I champion every step of the way.

10/26/2026

Still Available: 98 Street Mixed-Use, Priced Below Replacement Cost
In case you missed it 👇
A 2021-built, fully leased mixed-use building beside the Royal Alexandra Hospital: 16 suites over a licensed daycare open 7 days a week on a NNN lease. Priced below what it would cost to build, and the land comes with it.

📩 Investor package: call Tracey at 780-720-0475
👉 https://www.roomvu.com/services/page/custom-landing?agent_profile_name=tracey-dempster&key=98-street-investor

Seller-provided figures; buyer to verify.
https://www.housing-trends.com/agent-news/tracey-dempster/2196504-Still-Available%3A-98-Street-Mixed-Use%2C-Priced-Below-Replaceme

10/25/2026

Edmonton Homebuyers Benefit from Increased Housing Options
September 2026 brought a noticeable shift in Edmonton’s real estate landscape: sales dipped 8.8% from August and 10.3% compared to last year. While the average price edged down to $466,080, it’s still 2.9% above where we stood a year ago—reflecting the underlying resilience in our market, even as inventory expands. Through my decades in property management and community-focused development, I’ve seen how these cycles open new possibilities for buyers and sellers alike. As always, my approach is rooted in providing clear-eyed analysis and strategic guidance—especially when the market cools and opportunities emerge for those ready to act thoughtfully.

https://www.housing-trends.com/agent-news/tracey-dempster/2132449-Edmonton-Homebuyers-Benefit-from-Increased-Housing-Options

Address

Spruce Grove, AB

Telephone

+17807200475

Website

http://www.irisproperties.ca/

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