Edmonton Real Estate Market

[soupcrate]

I think we could be up another 30% from here by Fall.

Perhaps. Something to note though is that unlike in other jurisdictions, the housing market in Calgary and Edmonton is responsive to demand. If home values increase significantly, developers here are able to build more homes to compensate.

This will be good news though for a lot of people whose property values have been sitting pretty flat for almost a decade now.

 

[occidentalcapital]

Watch us build out to the Airport in the blink of an eye.

 

[occidentalcapital]

Edmonton's hot market garnering attention from Kelly Cryderman at the Globe and Mail:

Opinion: Edmonton’s real estate market the latest sign Ottawa should get serious about house-price inflation

average single-family home in the greater Edmonton area costs $493,543 as of February, the highest price the real estate board has on record

www.theglobeandmail.com

I always got the impression Kelly Cryderman was a pretty strong Calgary shill, so I'm surprised to see this.

 

[thommyjo]

Edmonton's hot market garnering attention from Kelly Cryderman at the Globe and Mail:

Opinion: Edmonton’s real estate market the latest sign Ottawa should get serious about house-price inflation

average single-family home in the greater Edmonton area costs $493,543 as of February, the highest price the real estate board has on record

www.theglobeandmail.com

I always got the impression Kelly Cryderman was a pretty strong Calgary shill, so I'm surprised to see this.

Gated. Any screenshots you can share?

 

[Gronk!]

New book celebrating lost Canadian buildings contains a lot of Edmonton

A gorgeous new book of illustrations celebrating hundreds of examples of the nation’s demolished buildings contains, no surprise, heaps of Edmonton’s architectural casualties.

edmontonjournal.com

 

[Gronk!]

Burn in hell, Abdullah Shah

Convicted Edmonton landlord Abdullah Shah killed Sunday

Disreputable landlord Abdullah Shah, formerly known as Carmen Pervez, was killed Sunday outside his Edmonton home.

edmonton.ctvnews.ca

Edmonton landlord Abdullah Shah killed in southwest shooting Sunday night: police

Notorious Edmonton landlord Abdullah Shah is dead after a shooting in southwest Edmonton Sunday night.

edmontonjournal.com

 

[Avenuer]

Burn in hell, Abdullah Shah

Convicted Edmonton landlord Abdullah Shah killed Sunday

Disreputable landlord Abdullah Shah, formerly known as Carmen Pervez, was killed Sunday outside his Edmonton home.

edmonton.ctvnews.ca

Edmonton landlord Abdullah Shah killed in southwest shooting Sunday night: police

Notorious Edmonton landlord Abdullah Shah is dead after a shooting in southwest Edmonton Sunday night.

edmontonjournal.com

Can't say I'm upset by this in the least...

 

[bodsbods9090]

Reading about this man over the years, it's not a total shock something like this happened to him

 

[Gronk!]

This is why youth say they're leaving Alberta​

Report finds many young people think Alberta lacks vibrancy and diversity

https://www.cbc.ca/news/canada/calgary/youth-migration-calgary-vancouver-toronto-1.6391712

 

[archited]

^^^^ Does that equate to too much emphasis on Planters and Benches and not enough on Activity centers?

 

[IanO]

This story was the same when I graduated Uni back in 01'.

Greener pastures, big city fun, away from parents, job opportunities, vibrancy!

We did a good job at shifting those percentages for a good decade and a half, but more recently Alberta is seeing a return to their old ways and perceptions returning.

 

[northlands]

IMO, as a young person, one of my least favourite aspects of Alberta is the work culture. So many folks here live to work rather than the other way around.

For so many, it’s a life of workworkworkmexicovacationworkworkwork—which is fine if that’s someone’s preference, but it’s not for me and there’s only so much time we get on this earth, and I’d rather spend as much of it doing stuff I enjoy rather than slaving away.

 

[IanO]

I guess you don't chat with public servants much

Kidding.

 

[IanO]

2022 Canada Commercial Real Estate Investment Forecast

Navigating the Reshaped Canadian Real Estate Climate; Trends and Outlooks for Four Major CRE Property Types

www.marcusmillichap.com

 

[IanO]