Ontario was just named the least desirable province in all of Canada for future homebuyers amid runaway home prices compared to other locations in ...
The new study from real estate website calgaryhomes.ca delved deep into data on the average price of composite properties from the Canadian Real Estate Association , naming the provinces with the lowest percentage increase in average costs between 2006 and 2024, excluding inflation, as the best places for aspiring homeowners to put down roots.
Alberta witnessed an average property price rose from $289,558 to $509,100 between 2006 and 2024, representing a 76 per cent increase excluding inflation. This figure sits 50 per cent below the national average of 151 per cent. This figure represents a concerning 203 per cent price increase excluding inflation, or 105 per cent with inflation factored in — a full 34 per cent higher than the Canada-wide average.
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