Edmonton Real Estate Market

[archited]

There are 22 factors that go into the economics of "build" or "don't build" -- don't be fooled by over simplicity.

 

[BASE]

One of those wild stats. In first half of 2024 Edmonton saw the most home sales of any market in the country https://edmontonglobal.ca/news/edmonton-leads-in-housing-metrics/

 

[Avenuer]

One of those wild stats. In first half of 2024 Edmonton saw the most home sales of any market in the country https://edmontonglobal.ca/news/edmonton-leads-in-housing-metrics/

That is actually crazy - surprised we haven't seen similarly wild market appreciation...yet. I am glad I bought when I did, who knows what the competition is like out there now for house purchases.

 

[David A]

One of those wild stats. In first half of 2024 Edmonton saw the most home sales of any market in the country https://edmontonglobal.ca/news/edmonton-leads-in-housing-metrics/

This is one of the main reasons we are not seeing more construction of multi family downtown and elsewhere right now, SFH prices here are still affordable compared to elsewhere.

Also, several years ago there were people leaving here and fairly high vacancy, which has come down a lot since, but again we are still in a better position than elsewhere.