EdmontonYou can List Your Edmonton Real Estate for FREE with Snap Up Real Estate. Search all Edmonton Property Listings on Snap Up Real Estate. Edmonton real estate has seen a huge market increase since the end of 2002. The average price of a single family home in December of 2002 was about $172,000; by the end of 2006 the average price of a detached home has double d to about $342,000. The energy boom that has hit Alberta is focused in the south at Calgary, and in the north at Edmonton. The corridor between Edmonton and Calgary has always been the most important real estate area in the province, and since the oil boom of 1947 started in Leduc the growth has been unstoppable. Traditionally Edmonton real estate has not been as volatile as Calgary, and has not seen the sky-high prices associated, the oil sands and the 21st Century energy boom may change that.
Edmonton is the Capital city of the Province of Alberta. Population estimated of the city are about 710,000 people, but when you include the greater Edmonton area that population is closer to 1,040,000. Edmonton incorporated as a city in 1904 with a population of about 8,000 and became the capital of Alberta a year later. As the capital of the Province Edmonton has contains many historic buildings and enjoys a vast amount of cultural substance including: The Alberta Art Gallery, Royal Alberta Museum, The Jubilee Auditorium, The Citadel Theatre, and The Edmonton Symphony. Also notable is Al-Rashid Mosque, as it is the first mosque in North America. The North Saskatchewan River runs through Edmonton making and enormous river valley park, the longest stretch of connected urban parkland in North America. Other notable features of Edmonton include the West Edmonton Mall, once the largest shopping mall on planet Earth, Edmonton International Airport, located well outside the city, the Edmonton Oilers of the NHL, and the Edmonton Eskimos of the CFL. Edmonton’s economy is seen by most as being based on the oil sands in Northern Alberta. Yet, Edmonton has a thriving post secondary education sector including large institutions such as: The University of Alberta, Northern Alberta Institute of Technology, Athabasca University, Concordia University College of Alberta, The King’s University College, and Grant MacEwan College. Edmonton also has a large technology sector employing thousands of people. The largest employers of the tech sector are: Telus, General Electric, Dell, IBM, Intuit, and BioWare.
Search all Edmonton Property Listings on Snap Up Real Estate Statistics and information courtesy of StatsCan and Wikipedia
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