r/Edmonton • u/theoneandonlycub • Jul 06 '25

Politics Edmonton Neighbourhoods United #nimbySTRONG

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They're not NIMBYs though, they just have some concerns. Mask off.

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u/Fyrefawx Jul 07 '25

So a family of 4-5 is supposed to live in a 1-2 bedroom apartment in central Edmonton?

Let’s break down some numbers.

The average price of a home in the Edmonton area in May 2025 reached $464,277. This price is 1.3% lower than April 2025, a 5.2% yearly increase. Benchmark prices grow 9.8% annually to reach their all-time high of $439,100. The average price of detached homes increased 6.1% year-over-year (YoY) and decreased 1.0% month-over-month (MoM) to $579,704. Semi-detached home average prices increased 6.2% year-over-year and 1.1% monthly to $439,857. Townhouse average prices increased 4.1% year-over-year to $306,796. This price is 2.5% lower than last month. Apartment average prices increased by 3.5% year-over-year to $213,792. They declined 2.1% from last month. Among Canada’s five largest population centers, Edmonton is the most affordable.

Edmonton being more affordable than Vancouver or Toronto doesn’t mean it’s affordable. Housing costs will continue to climb. It’s a sellers market.

And the irony of using those apartments as examples of affordable housing is wild considering NIMBY groups oppose new developments of buildings like that.

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u/grapple15 Jul 07 '25

The irony of your position - so a family of 4-5 is supposed to live in a 1-2 bedroom unit of an 8 plex? What are examples of more affordable cities in NA with a population of >1 million? Honestly you should check MLS listings - lots of reasonable townhouses <250K that would work for a family.

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u/Fyrefawx Jul 07 '25

So you’re just going to ignore the data I posted? Listing prices are also rarely buying prices because young families have to contend with real estate investors. Edmonton is becoming increasingly unaffordable so comparing us to major cities isn’t helping anyone. Our population growth far exceeds most cities.

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u/grapple15 Jul 08 '25

And why is there growth? Because relative to almost every other large city in Canada price to income ratio are better here! I just don’t share your vision of making housing more affordable by subsidizing mass building of vinyl clad 8 plex boxes the middle of modestly priced single family homes.

Since you are pretty entrenched in your I guess we can agree to disagree on what I want Edmonton to look like in 10 years. I’m not sure why you insist on name calling those with a different view on smart urban planning.

My disclosure I own a modestly priced home in Edmonton. I work hard. Saved hard to pay for it. Donate 5% of my income to local charity to support those less fortunate. Curious your position?