St. Albert Real Estate Statistics for March 2022

A total of 120 homes SOLD in St. Albert this month. The highest priced home SOLD in St. Albert this month was a 3 bed, 3 bath, 2455 square foot home for $1400000, and the lowest was a 3 bed, 2 bath, 972 square foot home for $235000, bringing the average to $548294 for 3 beds, 2 baths, and 1704 square feet.

CLICK HERE! to view all current St. Albert homes for sale by Don Cholak.

Sell your St. Albert home:

Ready-to-sellAre you looking to sell your home in St. Albert? Don Cholak has decades of expertise and experience in St. Albert and is ready to help you sell your St. Albert home today! Just click the big red button above or call Don at 780-718-8400.

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Are you looking to buy a home in St. Albert? Don Cholak is an expert and experienced Realtor in St. Albert and can help you find the perfect home in St. Albert today! Just click the big red button above or call Don at 780-718-8400.

Akinsdale St. Albert Real Estate Statistics for March 2022

A total of 7 homes SOLD in Akinsdale this month. The highest priced home SOLD in Akinsdale this month was a 5 bed, 4 bath, 2635 square foot home for $655000, and the lowest was a 4 bed, 2 bath, 1192 square foot home for $350000, bringing the average to $483714 for 3 beds, 3 baths, and 1670 square feet.

CLICK HERE! to view all current Akinsdale homes for sale by Don Cholak.

Sell your Akinsdale home:

Ready-to-sellAre you looking to sell your home in Akinsdale? Don Cholak has decades of expertise and experience in Akinsdale and is ready to help you sell your Akinsdale home today! Just click the big red button above or call Don at 780-718-8400.

Buy a home in Akinsdale:

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Are you looking to buy a home in Akinsdale? Don Cholak is an expert and experienced Realtor in Akinsdale and can help you find the perfect home in Akinsdale today! Just click the big red button above or call Don at 780-718-8400.

Braeside St. Albert Real Estate Statistics for March 2022

A total of 8 homes SOLD in Braeside this month. The highest priced home SOLD in Braeside this month was a 4 bed, 3 bath, 1704 square foot home for $615000, and the lowest was a 2 bed, 2 bath, 987 square foot home for $370000, bringing the average to $457987 for 3 beds, 2 baths, and 1405 square feet.

CLICK HERE! to view all current Braeside homes for sale by Don Cholak.

Sell your Braeside home:

Ready-to-sellAre you looking to sell your home in Braeside? Don Cholak has decades of expertise and experience in Braeside and is ready to help you sell your Braeside home today! Just click the big red button above or call Don at 780-718-8400.

Buy a home in Braeside:

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Are you looking to buy a home in Braeside? Don Cholak is an expert and experienced Realtor in Braeside and can help you find the perfect home in Braeside today! Just click the big red button above or call Don at 780-718-8400.

Deer Ridge St. Albert Real Estate Statistics for March 2022

A total of 5 homes SOLD in Deer Ridge this month. The highest priced home SOLD in Deer Ridge this month was a 5 bed, 3 bath, 1169 square foot home for $495000, and the lowest was a 4 bed, 3 bath, 1149 square foot home for $377008, bringing the average to $445186 for 4 beds, 2 baths, and 1371 square feet.

CLICK HERE! to view all current Deer Ridge homes for sale by Don Cholak.

Sell your Deer Ridge home:

Ready-to-sellAre you looking to sell your home in Deer Ridge? Don Cholak has decades of expertise and experience in Deer Ridge and is ready to help you sell your Deer Ridge home today! Just click the big red button above or call Don at 780-718-8400.

Buy a home in Deer Ridge:

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Are you looking to buy a home in Deer Ridge? Don Cholak is an expert and experienced Realtor in Deer Ridge and can help you find the perfect home in Deer Ridge today! Just click the big red button above or call Don at 780-718-8400.

Erin Ridge St. Albert Real Estate Statistics for March 2022

A total of 9 homes SOLD in Erin Ridge this month. The highest priced home SOLD in Erin Ridge this month was a 3 bed, 3 bath, 1898 square foot home for $670000, and the lowest was a 4 bed, 2 bath, 1020 square foot home for $404000, bringing the average to $578977 for 3 beds, 3 baths, and 1854 square feet.

CLICK HERE! to view all current Erin Ridge homes for sale by Don Cholak.

Sell your Erin Ridge home:

Ready-to-sellAre you looking to sell your home in Erin Ridge? Don Cholak has decades of expertise and experience in Erin Ridge and is ready to help you sell your Erin Ridge home today! Just click the big red button above or call Don at 780-718-8400.

Buy a home in Erin Ridge:

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Are you looking to buy a home in Erin Ridge? Don Cholak is an expert and experienced Realtor in Erin Ridge and can help you find the perfect home in Erin Ridge today! Just click the big red button above or call Don at 780-718-8400.

Erin Ridge North St. Albert Real Estate Statistics for March 2022

A total of 13 homes SOLD in Erin Ridge North this month. The highest priced home SOLD in Erin Ridge North this month was a 5 bed, 5 bath, 2813 square foot home for $890000, and the lowest was a 3 bed, 3 bath, 1760 square foot home for $491500, bringing the average to $652526 for 3 beds, 3 baths, and 2223 square feet.

CLICK HERE! to view all current Erin Ridge North homes for sale by Don Cholak.

Sell your Erin Ridge North home:

Ready-to-sellAre you looking to sell your home in Erin Ridge North? Don Cholak has decades of expertise and experience in Erin Ridge North and is ready to help you sell your Erin Ridge North home today! Just click the big red button above or call Don at 780-718-8400.

Buy a home in Erin Ridge North:

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Are you looking to buy a home in Erin Ridge North? Don Cholak is an expert and experienced Realtor in Erin Ridge North and can help you find the perfect home in Erin Ridge North today! Just click the big red button above or call Don at 780-718-8400.

Forest Lawn St. Albert Real Estate Statistics for March 2022

A total of 3 homes SOLD in Forest Lawn this month. The highest priced home SOLD in Forest Lawn this month was a 5 bed, 3 bath, 1104 square foot home for $500000, and the lowest was a 2 bed, 2 bath, 958 square foot home for $329000, bringing the average to $408000 for 5 beds, 3 baths, and 1104 square feet.

CLICK HERE! to view all current Forest Lawn homes for sale by Don Cholak.

Sell your Forest Lawn home:

Ready-to-sellAre you looking to sell your home in Forest Lawn? Don Cholak has decades of expertise and experience in Forest Lawn and is ready to help you sell your Forest Lawn home today! Just click the big red button above or call Don at 780-718-8400.

Buy a home in Forest Lawn:

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Are you looking to buy a home in Forest Lawn? Don Cholak is an expert and experienced Realtor in Forest Lawn and can help you find the perfect home in Forest Lawn today! Just click the big red button above or call Don at 780-718-8400.

Grandin St. Albert Real Estate Statistics for March 2022

A total of 8 homes SOLD in Grandin this month. The highest priced home SOLD in Grandin this month was a 4 bed, 3 bath, 1476 square foot home for $825000, and the lowest was a 3 bed, 3 bath, 1120 square foot home for $362000, bringing the average to $519500 for 4 beds, 3 baths, and 1513 square feet.

CLICK HERE! to view all current Grandin homes for sale by Don Cholak.

Sell your Grandin home:

Ready-to-sellAre you looking to sell your home in Grandin? Don Cholak has decades of expertise and experience in Grandin and is ready to help you sell your Grandin home today! Just click the big red button above or call Don at 780-718-8400.

Buy a home in Grandin:

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Are you looking to buy a home in Grandin? Don Cholak is an expert and experienced Realtor in Grandin and can help you find the perfect home in Grandin today! Just click the big red button above or call Don at 780-718-8400.

Heritage Lakes St. Albert Real Estate Statistics for March 2022

A total of 6 homes SOLD in Heritage Lakes this month. The highest priced home SOLD in Heritage Lakes this month was a 3 bed, 3 bath, 1546 square foot home for $620000, and the lowest was a 4 bed, 3 bath, 1248 square foot home for $420000, bringing the average to $524983 for 4 beds, 3 baths, and 1842 square feet.

CLICK HERE! to view all current Heritage Lakes homes for sale by Don Cholak.

Sell your Heritage Lakes home:

Ready-to-sellAre you looking to sell your home in Heritage Lakes? Don Cholak has decades of expertise and experience in Heritage Lakes and is ready to help you sell your Heritage Lakes home today! Just click the big red button above or call Don at 780-718-8400.

Buy a home in Heritage Lakes:

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Are you looking to buy a home in Heritage Lakes? Don Cholak is an expert and experienced Realtor in Heritage Lakes and can help you find the perfect home in Heritage Lakes today! Just click the big red button above or call Don at 780-718-8400.

Jensen Lakes St. Albert Real Estate Statistics for March 2022

A total of 6 homes SOLD in Jensen Lakes this month. The highest priced home SOLD in Jensen Lakes this month was a 4 bed, 4 bath, 2163 square foot home for $662500, and the lowest was a 3 bed, 3 bath, 1705 square foot home for $412000, bringing the average to $531816 for 3 beds, 3 baths, and 1741 square feet.

CLICK HERE! to view all current Jensen Lakes homes for sale by Don Cholak.

Sell your Jensen Lakes home:

Ready-to-sellAre you looking to sell your home in Jensen Lakes? Don Cholak has decades of expertise and experience in Jensen Lakes and is ready to help you sell your Jensen Lakes home today! Just click the big red button above or call Don at 780-718-8400.

Buy a home in Jensen Lakes:

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Are you looking to buy a home in Jensen Lakes? Don Cholak is an expert and experienced Realtor in Jensen Lakes and can help you find the perfect home in Jensen Lakes today! Just click the big red button above or call Don at 780-718-8400.

Kingswood St. Albert Real Estate Statistics for March 2022

A total of 5 homes SOLD in Kingswood this month. The highest priced home SOLD in Kingswood this month was a 6 bed, 8 bath, 4500 square foot home for $1250000, and the lowest was a 5 bed, 4 bath, 2073 square foot home for $549900, bringing the average to $845780 for 4 beds, 4 baths, and 2481 square feet.

CLICK HERE! to view all current Kingswood homes for sale by Don Cholak.

Sell your Kingswood home:

Ready-to-sellAre you looking to sell your home in Kingswood? Don Cholak has decades of expertise and experience in Kingswood and is ready to help you sell your Kingswood home today! Just click the big red button above or call Don at 780-718-8400.

Buy a home in Kingswood:

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Are you looking to buy a home in Kingswood? Don Cholak is an expert and experienced Realtor in Kingswood and can help you find the perfect home in Kingswood today! Just click the big red button above or call Don at 780-718-8400.

Lacombe Park St. Albert Real Estate Statistics for March 2022

A total of 10 homes SOLD in Lacombe Park this month. The highest priced home SOLD in Lacombe Park this month was a 3 bed, 4 bath, 1971 square foot home for $820000, and the lowest was a 4 bed, 2 bath, 1141 square foot home for $359900, bringing the average to $526511 for 3 beds, 3 baths, and 1484 square feet.

CLICK HERE! to view all current Lacombe Park homes for sale by Don Cholak.

Sell your Lacombe Park home:

Ready-to-sellAre you looking to sell your home in Lacombe Park? Don Cholak has decades of expertise and experience in Lacombe Park and is ready to help you sell your Lacombe Park home today! Just click the big red button above or call Don at 780-718-8400.

Buy a home in Lacombe Park:

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Are you looking to buy a home in Lacombe Park? Don Cholak is an expert and experienced Realtor in Lacombe Park and can help you find the perfect home in Lacombe Park today! Just click the big red button above or call Don at 780-718-8400.

Mission St. Albert Real Estate Statistics for March 2022

A total of 3 homes SOLD in Mission this month. The highest priced home SOLD in Mission this month was a 5 bed, 3 bath, 1129 square foot home for $450000, and the lowest was a 3 bed, 2 bath, 847 square foot home for $263000, bringing the average to $337666 for 3 beds, 2 baths, and 1023 square feet.

CLICK HERE! to view all current Mission homes for sale by Don Cholak.

Sell your Mission home:

Ready-to-sellAre you looking to sell your home in Mission? Don Cholak has decades of expertise and experience in Mission and is ready to help you sell your Mission home today! Just click the big red button above or call Don at 780-718-8400.

Buy a home in Mission:

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Are you looking to buy a home in Mission? Don Cholak is an expert and experienced Realtor in Mission and can help you find the perfect home in Mission today! Just click the big red button above or call Don at 780-718-8400.

North Ridge St. Albert Real Estate Statistics for March 2022

A total of 8 homes SOLD in North Ridge this month. The highest priced home SOLD in North Ridge this month was a 4 bed, 3 bath, 2134 square foot home for $700000, and the lowest was a 4 bed, 3 bath, 1051 square foot home for $420000, bringing the average to $548887 for 4 beds, 3 baths, and 1865 square feet.

CLICK HERE! to view all current North Ridge homes for sale by Don Cholak.

Sell your North Ridge home:

Ready-to-sellAre you looking to sell your home in North Ridge? Don Cholak has decades of expertise and experience in North Ridge and is ready to help you sell your North Ridge home today! Just click the big red button above or call Don at 780-718-8400.

Buy a home in North Ridge:

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Are you looking to buy a home in North Ridge? Don Cholak is an expert and experienced Realtor in North Ridge and can help you find the perfect home in North Ridge today! Just click the big red button above or call Don at 780-718-8400.

Oakmont St. Albert Real Estate Statistics for March 2022

A total of 9 homes SOLD in Oakmont this month. The highest priced home SOLD in Oakmont this month was a 3 bed, 3 bath, 2455 square foot home for $1400000, and the lowest was a 5 bed, 3 bath, 1349 square foot home for $430000, bringing the average to $722566 for 4 beds, 3 baths, and 1897 square feet.

CLICK HERE! to view all current Oakmont homes for sale by Don Cholak.

Sell your Oakmont home:

Ready-to-sellAre you looking to sell your home in Oakmont? Don Cholak has decades of expertise and experience in Oakmont and is ready to help you sell your Oakmont home today! Just click the big red button above or call Don at 780-718-8400.

Buy a home in Oakmont:

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Are you looking to buy a home in Oakmont? Don Cholak is an expert and experienced Realtor in Oakmont and can help you find the perfect home in Oakmont today! Just click the big red button above or call Don at 780-718-8400.

Pineview St. Albert Real Estate Statistics for March 2022

A total of 2 homes SOLD in Pineview this month. The highest priced home SOLD in Pineview this month was a 4 bed, 4 bath, 1904 square foot home for $555000, and the lowest was a 5 bed, 4 bath, 1985 square foot home for $510000, bringing the average to $532500 for 4 beds, 4 baths, and 1946 square feet.

CLICK HERE! to view all current Pineview homes for sale by Don Cholak.

Sell your Pineview home:

Ready-to-sellAre you looking to sell your home in Pineview? Don Cholak has decades of expertise and experience in Pineview and is ready to help you sell your Pineview home today! Just click the big red button above or call Don at 780-718-8400.

Buy a home in Pineview:

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Are you looking to buy a home in Pineview? Don Cholak is an expert and experienced Realtor in Pineview and can help you find the perfect home in Pineview today! Just click the big red button above or call Don at 780-718-8400.

Riverside St. Albert Real Estate Statistics for March 2022

A total of 4 homes SOLD in Riverside this month. The highest priced home SOLD in Riverside this month was a 3 bed, 3 bath, 2226 square foot home for $660610, and the lowest was a 3 bed, 3 bath, 1399 square foot home for $370000, bringing the average to $537102 for 3 beds, 2 baths, and 1690 square feet.

CLICK HERE! to view all current Riverside homes for sale by Don Cholak.

Sell your Riverside home:

Ready-to-sellAre you looking to sell your home in Riverside? Don Cholak has decades of expertise and experience in Riverside and is ready to help you sell your Riverside home today! Just click the big red button above or call Don at 780-718-8400.

Buy a home in Riverside:

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Are you looking to buy a home in Riverside? Don Cholak is an expert and experienced Realtor in Riverside and can help you find the perfect home in Riverside today! Just click the big red button above or call Don at 780-718-8400.

Sturgeon St. Albert Real Estate Statistics for March 2022

A total of 6 homes SOLD in Sturgeon this month. The highest priced home SOLD in Sturgeon this month was a 5 bed, 2 bath, 1118 square foot home for $440000, and the lowest was a 3 bed, 2 bath, 972 square foot home for $235000, bringing the average to $376083 for 3 beds, 2 baths, and 1070 square feet.

CLICK HERE! to view all current Sturgeon homes for sale by Don Cholak.

Sell your Sturgeon home:

Ready-to-sellAre you looking to sell your home in Sturgeon? Don Cholak has decades of expertise and experience in Sturgeon and is ready to help you sell your Sturgeon home today! Just click the big red button above or call Don at 780-718-8400.

Buy a home in Sturgeon:

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Are you looking to buy a home in Sturgeon? Don Cholak is an expert and experienced Realtor in Sturgeon and can help you find the perfect home in Sturgeon today! Just click the big red button above or call Don at 780-718-8400.

Woodlands St. Albert Real Estate Statistics for March 2022

A total of 7 homes SOLD in Woodlands this month. The highest priced home SOLD in Woodlands this month was a 4 bed, 3 bath, 1861 square foot home for $615000, and the lowest was a 4 bed, 2 bath, 1022 square foot home for $337000, bringing the average to $514857 for 4 beds, 3 baths, and 1513 square feet.

CLICK HERE! to view all current Woodlands homes for sale by Don Cholak.

Sell your Woodlands home:

Ready-to-sellAre you looking to sell your home in Woodlands? Don Cholak has decades of expertise and experience in Woodlands and is ready to help you sell your Woodlands home today! Just click the big red button above or call Don at 780-718-8400.

Buy a home in Woodlands:

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Are you looking to buy a home in Woodlands? Don Cholak is an expert and experienced Realtor in Woodlands and can help you find the perfect home in Woodlands today! Just click the big red button above or call Don at 780-718-8400.

Edmonton, Calgary “most affordable” Canadian cities

Source

But Vancouver is the most unaffordable city in Canada and third least affordable in the world, a new survey states

Edmonton is the most affordable city for housing in Canada and Calgary is in among the top 10 most affordable cities in the world.

But, according to the 2022 edition of Demographia International Housing Affordability, Vancouver has Canada’s most expensive housing and is the third most unaffordable city out of 90 major urban markets on the planet.

The annual Demopgraphia survey looked at cities in the U.S., the U.K., Canada, Australia, New Zealand, Ireland, Singapore and Hong Kong. Of the 92 cities surveyed, Vancouver was only behind Hong Kong and Sydney, Australia. Last year Vancouver was ahead of Sydney.

The survey uses a median multiple to assess affordability. That’s a ratio of income to housing prices, using the local median for both. An affordable city would see a rating of three or below.

Vancouver scored 13.3, up from 13 last year.

Unfortunately for residents of Australia’s biggest city, Sydney saw a much bigger bump and hit 15.3 this year. Hong Kong continues to be well ahead at 23.2. The study’s authors note Vancouver’s market spreads well beyond municipal boundaries.

“Severely unaffordable housing has spread from Vancouver to smaller markets, as Metro Vancouver has shed domestic migration to smaller markets in British Columbia, such as Chilliwack, the Fraser Valley and Kelowna and markets on Vancouver Island,” states the study’s authors.

In Edmonton, Canada’s most affordable city, the current composite home price, according to the Canadian Real Estate Association, is $364,400 and the average annual income is $95,632, based on 2022 data from Average Salary Survey. In Vancouver, the average income is $89,971 this year and the current composite home price is $1,360,500.

None of the major Canadian cities were rated as “affordable,” and, in fact, only one U.S. city (Pittsburgh at 2.7) was deemed affordable by the survey. Edmonton scored a 3.6, which was the fourth best of those surveyed and best in Canada. Both major Albertan cities were deemed moderately affordable; Calgary was second-best in Canada and in the top 10 most affordable at number 4.

Ottawa (5.6) and Montreal (6.1) were close, and both were considered severely unaffordable. Toronto was in the same category, but much closer to Vancouver with a 10.5.

“The markets in Canada have a median multiple of 6.0, up from 4.4 in pre-pandemic 2019,” state the study’s authors. “This increase of 1.6 years in median household income is the largest among included nations in the report.”

The study notes that urban planners have tried to work on unaffordability with limited success.

“Even with densification, housing affordability has deteriorated substantially, for example in Sydney, Auckland, Vancouver, Toronto, San Francisco, Seattle and many other markets,” state the authors.