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The aggregate price of Edmonton homes is expected to increase at the lowest rate of nine other markets over the final three months of the year, according to a new market survey forecast from Royal LePage.
It estimates the aggregate home price in the Alberta capital will grow to just over $444,000 in the upcoming fourth quarter of 2023, an increase of four per cent compared to the same quarter last year.
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That measures against projected aggregate price increases of 11 per cent in the Toronto area, eight per cent in greater Montreal, and seven per cent in both Ottawa and the greater Vancouver area.
Edmonton’s mark compared to eight per cent in Calgary and Winnipeg, seven per cent in Halifax, and just over five per cent in Regina.
“Edmonton’s inventory remains low, and most new listings are only staying online for a short period of