Average Edmonton Home Now Costs Over $318,000

十年移民路_

Average Edmonton Home Now Costs Over $318,000
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The most interesting bit of info in this article, is that the average home in Edmonton (not greater Edmonton) now costs over $318,000. Especially when 5 years ago only 6% of homes in Edmonton sold for over $300,000. So what does it all mean? Has the cost of housing inflated in Edmonton too quickly - will it deflate just as fast? Or have the prices here just caught up to the rest of the country, and the booming economy? In my opinion we're just catching up - it is still cheaper to buy a home here than in Montreal, and what's so great about their economy? The biggest problem is not the cost of housing (yet) but that there is nowhere to house all the people that are needed to fill all the jobs we have to offer. Don't get me wrong - we can't continue to sustain the kind of growth our real estate market is seeing, it has got to slow down. I just don't see any bubbles bursting....yet. We'll see what August's stats show in a few days.

peterpan

原帖由 十年移民路 于 2006-8-28 22:12 发表
$ _# Z3 c  T2 p+ K, V( @7 C* yAverage Edmonton Home Now Costs Over $318,000

8 t/ g4 W* H( A8 E9 G: @6 U5 hit is still cheaper to buy a home here than in Montreal,.

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Are you KIDDING??
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; g- C$ G" A# H4 y" T$ y: h# Gnot saying to 十年移民路 coz you are just ZT