Tag: housing crisis edmonton
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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 Average home price (Aug 2025): $420,800 (+5.1% YoY) Detached homes: $501,200 (+8.4% YoY) Condos: $202,000…