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
Showing posts with label edmonton housing market. Show all posts
Showing posts with label edmonton housing market. Show all posts
Wednesday, December 11, 2013
Monday, March 07, 2011
Edmonton Housing Market
"Sales have been pretty slow in Edmonton housing market since last spring and although the market wasn’t a hotbed of activity in February, it is showing some life." Read More
For my 2 cents worth.... We will continue to see-saw for the better part of 2011. In Alberta, economically we are very strong, emotionally we are fragile. Once we get through the better part of 2011 and really see the strength of the economy continue momentum, Albertans will become emotionally invested and beginning to buy, spend and invest. 2012 should reflect that and continue upwards barring any major world crisis.
For my 2 cents worth.... We will continue to see-saw for the better part of 2011. In Alberta, economically we are very strong, emotionally we are fragile. Once we get through the better part of 2011 and really see the strength of the economy continue momentum, Albertans will become emotionally invested and beginning to buy, spend and invest. 2012 should reflect that and continue upwards barring any major world crisis.
Subscribe to:
Posts (Atom)



























