Real Estate Price Comparison: Alberta vs Major Canadian Markets

Market Overview 2024

Average Home Prices

  • Edmonton: $387,000
  • Calgary: $428,000
  • Vancouver: $1,189,000
  • Toronto: $1,086,000
  • Montreal: $498,000

Value Proposition

Edmonton vs Other Markets
  • 67% lower than Vancouver
  • 64% lower than Toronto
  • 22% lower than Montreal
Calgary vs Other Markets
  • 64% lower than Vancouver
  • 61% lower than Toronto
  • 14% lower than Montreal

Investment Returns

Rental Yields
  • Edmonton: 5.8-7.2%
  • Calgary: 5.5-6.9%
  • Vancouver: 2.4-3.8%
  • Toronto: 3.2-4.5%
  • Montreal: 3.9-5.2%
Investment Advantages
Higher Cash Flow Potential
  • Lower entry costs
  • Better rent-to-price ratios
  • Lower property taxes
Investment Advantages
Growth Potential
  • Infrastructure development
  • Population growth
  • Economic diversification

Market Stability Indicators

Economic Factors
  • Unemployment rate: 6.7%
  • GDP growth: 3.2%
  • Population growth: 2.3%
Property Appreciation
  • 5-year average: 4.8%
  • 10-year average: 3.2%
  • Forecasted growth: 3.5%

Alberta continues to offer the best value proposition for real estate investors in Canada, combining affordable entry points with strong rental yields.

Don Campbell

Real Estate Investment Network

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