Alberta Real Estate Market 2024: Key Trends and Statistics

As we move into the later portion of 2024, the Alberta real estate market is poised for continued evolution, driven by shifting economic conditions, demographic trends, and changing consumer preferences. With a diverse economy largely influenced by natural resources and a growing technology sector, Alberta’s real estate landscape reflects both resilience and adaptation.

Residential Market Overview

The residential real estate market in Alberta has shown robust activity as of early 2024. The average home price in the province is approximately $475,000, marking a 5% increase from 2023. This growth is particularly evident in major cities such as Calgary and Edmonton, which are experiencing…

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