IanO
Superstar
Recent update from a realtor says that condos are up 15.4% y/y to $194k.
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- Thread starter Daveography
- Start date
Kosy123
Active Member
While Toronto struggles to build housing, Edmonton lays foundation for new urban future
A tale of two cities: While Toronto struggles to build housing, Edmonton is laying the foundation for a new urban future. Find out more.
financialpost.com
I remember that Sohi mentioned the HAF goal of 35,443 units was a high and lofty goal. To see that we're already 42% of the way there, and the year isn't over is insane tbh.
MacLac
Senior Member
The Year?! Forget that…..we’ve got 2 years + 2 weeks to reach this goal. LolWhile Toronto struggles to build housing, Edmonton lays foundation for new urban future
A tale of two cities: While Toronto struggles to build housing, Edmonton is laying the foundation for a new urban future. Find out more.
I remember that Sohi mentioned the HAF goal of 35,443 units was a high and lofty goal. To see that we're already 42% of the way there, and the year isn't over is insane tbh.
David A
Senior Member
Oh this must really irk some of those at the centre of the universe that we are building more houses than them, especially considering many of the people there think Edmonton is a much smaller city than it actually is.While Toronto struggles to build housing, Edmonton lays foundation for new urban future
A tale of two cities: While Toronto struggles to build housing, Edmonton is laying the foundation for a new urban future. Find out more.
I remember that Sohi mentioned the HAF goal of 35,443 units was a high and lofty goal. To see that we're already 42% of the way there, and the year isn't over is insane tbh.
Younger people in the GTA who want to have a family are not going to wait decades for sanity to return to housing prices there. A lot of retirees there are going to be visiting their grand children here and in other places in the future.
At least we are trying to make up for some of their shortfall.
780thegoat
New Member
Hey all - Not sure if this has been discussed , but I am curious if anyone knows the plans Edmonton South West and Edmonton South Central, just north of YEG
policyenthusiast
Active Member
Oversupply already exists across rural Canada. Everyone is moving to metropolitan areas because basic services are significantly more limited in small communities. See medical care, internet connection, access to public facilities, etc
policyenthusiast
Active Member
I just checked the average of also condo listings in Edmonton, it's currently at an average of 263k and a median of 209k. YoY from earlier this month was 17%.