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Edmonton Real Estate Market

Market Report Summary for June 2022
Updated July 12th, 2022
  • The average sale price in Winnipeg for June 2022 was $399,645, representing an 8% year-over-year increase.
  • Winnipeg has experienced relatively slow home price growth compared to other major Canadian housing markets over the past two years.
  • Detached home's average price increased by 8% year-over-year to $427k.
  • Attached home's average price increased by 13% year-over-year to $339k.
  • Condo's average price increased by 11% year-over-year to $278k.

 
Edmonton just kind of feels like it has never ending space to build although I don’t see Winnipeg being much different in that regard.
 
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Ottawa, ON, August 15, 2022 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed further in July 2022.

HIGHLIGHTS​

  • National home sales fell by 5.3% on a month-over-month basis in July.
  • Actual (not seasonally adjusted) monthly activity came in 29.3% below July 2021.
  • The number of newly listed properties dropped by 5.3% month-over-month.
  • The MLS® Home Price Index (HPI) edged down 1.7% month-over-month but was still up 10.9% year-over-year.
  • The actual (not seasonally adjusted) national average sale price posted a 5% year-over-year decline in July.
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Nice to see Edmonton is way ahead of other Canadian municipalities in terms of progressive zoning policies. Obviously we have the greatest proportion of land available for most types of housing - we just need to see the investment dollars other cities are getting (you think we would be already considering we have many less barriers to densification in comparison...).
 
Kudos to admin on the City Plan, zoning updates and dealing with parking requirements.
 
The Vancouver map is pretty misleading tbh. The "single family" zone that's in most of the yellow area is comparable to Edmontons, with up to two secondary units allowed on a lot. It's still not enough, but if the mature areas of Edmonton don't count as single family zoning, neither does Vancouvers.
 
The Vancouver map is pretty misleading tbh. The "single family" zone that's in most of the yellow area is comparable to Edmontons, with up to two secondary units allowed on a lot. It's still not enough, but if the mature areas of Edmonton don't count as single family zoning, neither does Vancouvers.
Is the difference just that you couldn’t do like a duplex or townhouses? And isn’t Vancouver moving to 6 units allowed on any lot? Thought I saw that.
 

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