Edmonton's real estate market is expected to remain strong through 2025, driven by affordability despite challenges from rising prices. The Canada Mortgage and Housing Corp. forecasts continued high demand, with nearly 28,600 resales in 2024 and record new housing starts. However, immigration slowdowns may impact overall housing demand. Rising rents could encourage renters to consider ownership, although prices in Alberta increased nearly 20% in 2024. Future projections suggest potential price moderation and slight declines in sales in the following years.
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