Edmonton is the capital city of Alberta, Canada. It is located in the central region of the province on the North Saskatchewan River. Edmonton is the second largest city in Alberta. According to the 2006 census, Alberta had a population of 730,372. It is a cultural, governmental, and educational center. Edmonton has become known as “The Festival City” because it hosts world-class festivals year round. It is also very well known for its shopping, since the largest mall in North America, West Edmonton Mall, is located there.
Edmonton is a major center for many different things in Alberta. It is the major economic, and oil and gas industry center for northern and central Alberta. Over the years, Edmonton has been given the nickname “Oil Capital of Canada.” It’s processing of massive oil, gas, and oils sands reserves is considered to be second in the World, only behind Saudi Arabia. Despite the apparent focus on oil and gas, Edmonton’s economy is now the second-most diverse in Canada.
The Edmonton real estate market has multiple different options for every individual or family. Whether it is a condominium, a house, an apartment, or another type of living arrangement, Edmonton has the place for you. Alberta homes span the entire scope and you can be sure that there is more than one to suit your budget. Another great option you have when choosing your house in Edmonton is whether you would like a secluded dwelling tucked away in the wilderness or a modern home that is close to the comforts of city life.
On the market today, there are approximately 1,925 Edmonton houses for sale and 1,575 condos. With so many options on the market, there is a perfect choice for everyone. Whether you are looking for a single-family home, a mobile home, or a grand villa, chances are you will be able to find that place in Edmonton. Many of the options have the choice of a no frills, efficient house to a luxurious home with all the modern conveniences. All markets go up and down through out the years. For individuals looking to invest long term, real estate has generally increased over long periods of time. Take a peek at the Edmonton houses for sale and you will find a plethora of options. The housing market in Edmonton continues to stay strong through all the economic troubles. September 2009 was the second largest month of sales in Edmonton real estate. With all the options on the market and the houses market in Edmonton staying stable, now is a great time to purchase a house in Edmonton.