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Oct 7, 2024 · Edmonton Housing Market Report. The average price of a home in the Edmonton area for September 2024, $440,366, is 1.2% higher than August 2024, a 12% yearly increase. Benchmark prices grow 7.6% annually to reach 406.4k. Detached home average prices increased 12% year-over-year and 1.2% month-over-month to $552,684.
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The Canadian Real Estate Association compiles the monthly statistics of existing homes and properties sold through the Multiple Listing Service®. This map displays the latest statistics for major markets and provinces across Canada, based on the MLS® reports provided by real estate Boards. View Price Map.
The MLS® Home Price Index (HPI) is the most advanced and accurate tool to gauge a neighbourhood’s home price levels and trends. Average or median prices can change a lot from one month to the next and paint an inaccurate or even unhelpful picture of price values and trends. The MLS® HPI is based on the value home buyers assign to various ...
GTA REALTORS® reported 4,996 home sales through TRREB’s MLS® System in September 2024 – up by 8.5 per cent compared to 4,606 sales reported in September 2023. New listings entered into the MLS® System amounted to 18,089 – up by an even greater 10.5 per cent year-over-year. On a seasonally adjusted basis, September sales increased on a ...
Apr 4, 2024 · There is a slight improvement forecasted over the next 2 years. Supply challenges, notably the lagged effects of higher interest rates, mean that new construction in 2025 – 2026 won’t reach 2021 – 2023 levels. MLS® price forecast: Forecasting demand to push MLS® prices beyond previous peak levels. This indicates a lack of short-term ...
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The housing affordability index is meant to measure the share of disposable income that a representative household would put toward housing-related expenses. The measure is a ratio of housing-related costs (mortgage payments and utility fees) to average household disposable income. The higher the ratio, the more difficult it is to afford a home.
