If you are enthusiastic about social media news and you follow popular content creators from Canadian big hubs, you may know already that Edmonton has ranked the top spot from Vancouverites as the preferred relocation city.
With Alberta's population growing exponentially from 2022 to 2024, it is no surprise that
one of the highest tax rate cities in the country finds Edmonton a wonderful place to build roots. The
Royal LePage Real Estate reported that Vancouverites that participated in this poll expressed the desire to leave beautiful British Columbia for affordable housing and a better quality of life due to its unaffordable home prices for first-time home buyers.
The so-called Canadian Dream is closer than ever thanks to the province's successful marketing campaign, "Alberta is calling."
Statistics Canada showed 550 people moved to the province daily in 2023, making this the highest number of people who immigrated to Alberta in Canada's history! Not surprised? In 2022, Alberta ranked as the fastest-growing city in the world, while places like Niger, Syria, Singapore, and Congo, among others, ranked behind.
What does this mean for people who want to purchase a bigger home, move from their current neighborhood, or purchase their first home? As the
Bank of Canada decreased its interest rate from 5% to 4.75% and will keep dropping and a surge in demand for houses in Alberta, and prices are about to increase exponentially in the entire province.
Call one of our Area Sales Managers to request a personalized walk-through at our
show homes and start the process of owning your forever home today!