In 2024, Edmonton saw 40% of approved housing units in redeveloping areas, nearing its 50% infill target. The new RS zone allows up to eight units on mid-block sites, but half of these lots still have single or duplex homes. Garden suite approvals rose over 200%, and row housing units increased significantly due to federal financing. Challenges remain with bike parking requirements, and bylaw tweaks are planned based on feedback.
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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