Edmonton is proving to be the best place to buy property!

We work in, live within and love this city, so its no surprise to us that Edmonton is quickly becoming the place to live and invest in.

Lets take a quick look at the numbers. 

According to Alberta population statistics, Alberta’s population expanded by about 184,000 people (4.1%) between July 1 of 2o22 and July 1 of 2023. This is a significant increase from the previous year (1.8% between the same months of 2021 and 2022) and the highest annual growth rate since 1981.

Alberta also had the highest second quarter growth rate on record with 50,061 new residents over the second quarter of 2023 (1.1%).

A new report by the Conference Board of Canada shows Edmonton’s net migration last year was more than 3x the 20 year average, and is expecting that our population will increase by 3.5% in 2023. Our cities population is growing rapidly with no sign of slowing down.

Top 3 Reasons Edmonton is The Place For Real Estate

  1. AFFORDABILITY! Edmonton is nearly 400% more affordable than Vancouver. The average home price is around $400,000, with NO land transfer tax! This is huge savings for anyone buying a property.
  2. DIVERSIFIED! Edmonton has a diversified economy with jobs in Energy, Technology, Government, Health, Education, Agriculture, and Manufacturing.  In Edmonton property prices do not tend to rise and fall the same way they do in Calgary’s oil based Economy. This consistency is extremely attractive to real estate investors.
  3. GATEWAY TO THE NORTH! We are the largest northern city which is the gate to other northern communities, which is great for business. Edmonton is very attractive for start up business and for other countries looking to locate and invest business into. We have ultra cheap office space, and cheaper housing for employees.

Are you looking to move to Edmonton? We welcome you, and we are here to help make your home ownership or commercial purchase dreams come true!

We are trusted mortgage brokers serving all of Alberta, with a focus on  Edmonton, Sherwood Park, St. Albert, Fort Saskatchewan, Spruce Grove, Stony Plain, Beaumont, Leduc and surrounding areas!