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Why is NOW a good time to relocate to Edmonton?

General Casey Struck 3 Dec

Why Edmonton you ask? And why now?

If you’ve been eyeing Edmonton’s housing market, it’s time to buckle up—2025 could be a wild (and lucrative) ride! 🚀 Experts are forecasting a 10% jump in home prices, driven by a wave of savvy homebuyers relocating from Calgary. Why the move? Calgary’s market is tightening with rising prices, while Edmonton remains the land of opportunity for those seeking affordability with plenty of upside.

Here are some numbers that tell the story:

📉 Inventory Crunch: Edmonton’s housing inventory has dropped 24% year-over-year, making it a seller’s market. Buyers are snapping up homes almost as fast as they hit the market, with months of supply now at just 1.9, a whopping 44% decrease compared to last year.

💰 Price Trends: The average home price in Edmonton climbed by 11% in 2024, reaching approximately $440,000. Detached homes, a favorite for families, are leading the charge with solid gains.

📈 Demand Surge: Calgary’s inventory has increased by 55%, creating a more balanced market. That’s prompting homebuyers to head north, where they can still find affordable options and ride the wave of appreciation.

At Struck Mortgages, I’m here to help you make your move (literally and financially) with confidence. Whether you’re a first-time buyer, upgrading, or looking for investment opportunities, I’ve got you covered.

Let’s chat before Edmonton’s prices rise faster than your favorite meme trends.

Warm regards,
Casey Struck
Struck Mortgages
“Love your budget, love your home.”

My sources: RE/MAX Canada, WOWA, Houseful, Canadian Mortgage Professional.