Housing affordability in Edmonton improved after a sharp winter spike. The average home price rose slightly to $432,400 in May 2025, with the income needed to buy one increasing to $78,200. This is a smaller rise compared to the large jump seen earlier in the year. Nationally, home sales increased for the first time in over six months, suggesting the market may be stabilizing despite ongoing uncertainties. The average Canadian home price was $691,299.
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