Category: Uncategorized
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9% Price Growth Coming to Edmonton Homes by 2025
Edmonton’s home prices are projected to rise 9% annually, reaching $494,860 by Q4 2025. The city remains affordable compared to national averages, supporting strong buyer activity.
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Alberta Home Insurance Costs Surge
Home insurance premiums rise due to a 73% increase in construction expenses and frequent natural disasters.Alberta faces an annual shortfall of 28,000 skilled construction workers, further increasing rebuild and repair costs.
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Edmonton’s 2025 Boom: Lower Prices, High Demand
Edmonton’s Real Estate market is expected to favour sellers with growing demand and limited supply in 2025. Home prices in Edmonton ↑ 7.7% in 2024, with an avg price of $432K.
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Alberta Reviews Construction Rules
Alberta forms a Construction Codes Working Group to streamline housing development while maintaining safety and quality standards.Focus areas include simplifying secondary suite regulations and single-stair apartment designs to ease construction efforts.
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Edmonton’s 2025 Property Tax Hike Set at 6.1%
Edmonton city council agrees on ↑ 6.1% property tax increase for 2025, down from 8.1%. The avg household will pay $813/$100K of home value, ↑ $47 increase.
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Edmonton rent prices continue to rise, but it looks like the pace is slowing
Rent prices in Edmonton continue to rise, with a 4.5% annual increase for one-bedroom apartments, averaging $1,355. Two-bedroom rentals cost $1,676, reflecting a 1.6% decrease from last month but a 4.5% increase from December 2023. While most Canadian cities see declining rents, smaller cities like Waterloo experience significant hikes, with a 26.1% increase. Overall, average…
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Alberta’s Proposed Law Strengthens Condo Protections
The Alberta government introduced the Service Alberta Statutes Amendment Act to improve condominium ownership and construction.The bill proposes creating a Condominium Dispute Resolution Tribunal for affordable, non-court dispute resolution.
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Selling in 2025? 6 Must-Haves for Your Home
Updating your kitchen with quartz countertops and smart appliances significantly enhances resale value. Adopting a neutral color palette makes your home more appealing to potential buyers and feels modern.
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PARKLAND COUNTY BUDGET KEEPS TAX RATES AMONGST LOWEST IN EDMONTON REGION
Parkland County Council has approved the 2025 operating and capital budget, implementing a municipal tax increase of 2.5%, resulting in an additional $4.71 per month for a $500,000 residential property. The County holds net financial assets of $84 million, with cumulative debt at 36% of the allowable limit. Mayor Allan Gamble highlighted the focus on…
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What First-Time Home Buyers in Alberta Need to Know
Alberta offers programs to assist first-time buyers, including incentives like Attainable Homes Calgary and First Place.Federal options such as the Home Buyers’ Plan and First Home Savings Account enhance affordability and savings.