Edmonton’s downtown growth stalls
City trails both Calgary and Lethbridge
according to the 2021 Canadian census
By Brett Holden
THE 2021 Canadian census has put the Edmonton’s downtown as the fourth slowest growing core in Canada. Only Saguenay, Que., Regina, and Red Deer are growing more slowly than Edmonton. And with the housing market staying hot in the city, this may be a trend that’s here to stay.
The Realtors Association of Edmonton announced it sold more than 25,000 properties in the past year and, compared to other markets across the nation, Edmonton remains one of the most affordable.
“I’ve often said to people that Edmonton has been the least exciting real estate market in Canada for the last five years,” says Royal LePage Noralta Real Estate owner Tom Shearer.
“We haven’t seen extreme drops in our market, and we haven’t seen extreme hikes in our market compared to a lot of other regions.”
Edmonton’s downtown growth stalls City trails both Calgary and Lethbridge according to the 2021 Canadian census By Brett Holden THE 2021 Canadian census has put the Edmonton’s downtown as the fourth slowest growing core in Canada. Only Saguenay, Que., Regina, and Red Deer are growing more slowly...
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