housing – Banff Daily https://banffdaily.com Fri, 24 Nov 2023 11:47:21 +0000 en-CA hourly 1 https://wordpress.org/?v=6.5.4 https://banffdaily.com/wp-content/uploads/2023/11/cropped-canva-logo-1-32x32.png housing – Banff Daily https://banffdaily.com 32 32 Edmonton has most affordable housing in whole Canada https://banffdaily.com/edmonton-has-most-affordable-housing-in-whole-canada/ Fri, 24 Nov 2023 08:20:54 +0000 https://banffdaily.com/?p=61 According to CREA, the average condo price is $541,500 as of Oct 2023, but in Edmonton it is under $200,000! according to a realtor.

The reasons for this might be Alberta’s growing economy, job availabilities, inter-provincial migration and immigration creating more needs for housing.

Many people all across Canada are moving or are interested in buying or investing in a property in Alberta and Edmonton seems to be a perfect place for it.

Edmonton developers are trying to develop most houses as per the demand but in this case a regular buyer is worried because of high demand it can also eventually lead to scarcity of properties and prices will raise here as well.

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