Housing affordability in Calgary declined with the average home price reaching $587,100, up $6,200 from the previous month. A household income of $120,000 is now needed to buy a home in Calgary, up by just over $1,000. Despite this, Calgary remains more affordable than Vancouver or Toronto, but the gap is narrowing rapidly. In comparison, Edmonton offers easier home buying with an average price of nearly $393,000, up by about $4,200 from the previous month.
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