Tag: edmonton affordability
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Edmonton’s Housing Surprise: Prices Up, But Affordability in Crisis

Edmonton’s housing market is defying expectations, prices are rising, yet affordability has never felt worse. While average home values have climbed more than 5% year-over-year, wages and borrowing power aren’t keeping up, leaving many buyers and renters struggling to keep pace. Edmonton’s Market Snapshot (Sources: Nesto.ca, WOWA.ca) Why Prices Are Rising 1. Limited Supply in Desirable AreasDemand for…