Uh, I dunno about the real estate market in Edmonton, but I closed on the purchase of my condo at the beginning of November, and the market value is already up 40%.  In a 10km stretch of Yonge Street going north from Steeles Avenue, there are..8 condo projects going up, mostly multi-tower complexes, over 20,000 units. Somebody must be buying these condos for the developer to start breaking ground.   The wife and I are considering buying a second unit in our building to use as a rental property.  My brother and his wife are planning to do the same thing. Buy two units here, live in one, rent the other.

The real estate market in the north end of Toronto is alive and doing quite well, thank you.