Barnaby
Active Member
More interested in the muni numbers. Vancouver has less people than Edmonton, yet is much more livable.
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- Thread starter Kosy123
- Start date
IanO
Superstar
Ok, but nobody uses or says Vancouver is 681,000.
CMAs make more sense in this case.
CMAs make more sense in this case.
Yeggy
Active Member
Local realtors, as per word of mouth and a couple blogs I read, are seeing more Calgarians shopping for homes in Edmonton as they are being priced out of the market.
David A
Senior Member
I was expecting that and probably easier to move within Alberta than from further away.
SMayo
Active Member
I've come across lots of people in my work from Calgary and even further like Vancouver or Toronto looking for stuff for their new properties here, the concerning thing though in my opinion is that I haven't met many that are planning to live here but instead just add to their real estate portfolios.
David A
Senior Member
Presumably someone local will be living in the property if they rent it out, unless they intend to leave it vacant for some reason. Of course that still has an impact on local real estate prices.
But that's the thing about the national affordability situation. We are long used to living in our own self contained market, but many people here don't fully grasp how that could soon significantly change.
But that's the thing about the national affordability situation. We are long used to living in our own self contained market, but many people here don't fully grasp how that could soon significantly change.
Jack Harris
New Member
work in real estate can confirm, sold more houses to Calgarians than edmontonians this year.
David A
Senior Member
Yes, and the municipal areas in many cities are already quite built out, so probably a good amount of the growth is now in the CMA area.
For instance, I don't think Vancouver's population of 681,000 has changed that much in a long time. Much of the growth is in the suburban communities surrounding it.