Edmonton city council approved bylaw 21128 to upzone five major areas, allowing medium- and large-scale mixed-use and housing developments near transit and major roads. The 9-3 vote aims to increase housing options and sustainability but faces opposition from residents concerned about losing historic homes and neighborhood character. Supporters say it clarifies development zones and promotes affordable living near amenities.
Average rent prices have dropped in Calgary and Edmonton, reflecting a national 3.3% decline in Canada. Calgary saw the largest
Housing affordability in Edmonton improved after a sharp winter spike. The average home price rose slightly to $432,400 in May
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