Wednesday, December 11, 2013

Edmonton Interactive Map - Home prices post boom

This article and map are excellent. Look up your area and see if home values have recovered after the 2007 boom.

Most areas have steadily increased since the significant price drop we saw post boom and may even pass those prices

"A home in Edmonton costs roughly 3.7 times the median income of a working-age family. In Vancouver, by contrast, that ratio’s closer to nine. That makes the city the most affordable major market in Canada – and what optimists hope other cities look like soon.
The city’s boom was timed with the heady rush of investment into Alberta’s oil patch in the middle of the last decade." 

Read full article and watch the excellent videos HERE

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