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Perennial InnovationPerennial
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Phone number

(780) 850-9754

Email address

asaayc@pihomes.ca

Address info

617 Hudson Rd NW, Edmonton, AB T6V 0L8

© 2016 PI Homes

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Engineering Consultancy Services

Building For Edmonton's Future

Understanding Edmonton's demographic trends and housing demands is at the core of what we do at PI Homes. Our commitment to quality residential development aligns perfectly with the city's growing population and evolving housing needs.

1.01M
Population (2021)

Growing metropolitan area

8.3%
Growth Since 2016

Consistent population increase

37.8
Average Age

Young, growing city

423K
Total Dwellings

Diverse housing stock

Edmonton Metropolitan Population Growth (2001-2021)

Historical Data
Projected Growth

Age Demographics - Key Home Buying Groups

25-29 years
78,450
30-34 years
85,290
35-39 years
72,165
40-44 years
68,340

Census 2021 - Statistics Canada

Housing Tenure Distribution

Market Insight

With 65% of Edmonton residents owning their homes, there's a strong culture of homeownership. The 35% rental market represents potential first-time buyers, particularly among the 25-34 age group, which makes up over 160,000 residents.

Housing Demand Indicators

Indicator 2016 Census 2021 Census Change Impact on Housing Demand
Population 932,546 1,010,899 +8.4% Increased demand for new housing units
Private Households 366,830 396,125 +8.0% Growing need for diverse housing types
25-44 Age Group 282,150 304,245 +7.8% Peak home-buying demographic expanding
Median Household Income $86,000 $94,447 +9.8% Increased purchasing power for homebuyers
New Construction (2020-2021) - ~15,000 units - Strong ongoing development activity

Source: Statistics Canada Census Data & City of Edmonton Reports

Annual Population Growth Comparison (Canadian Cities)

Calgary
14,689
Edmonton
13,412
Ottawa
10,245
Winnipeg
7,428
Quebec City
6,892

Average annual growth 2016-2021

Edmonton's Housing Affordability Advantage

Compared to other major Canadian cities, Edmonton offers exceptional value for homebuyers

City Average Home Price (2024) Price-to-Income Ratio Affordability Index
Vancouver $1,208,000 12.8x Low
Toronto $1,096,000 11.2x Low
Calgary $548,000 5.8x Moderate
Edmonton $412,000 4.4x High
Winnipeg $368,000 4.9x High

Source: Canadian Real Estate Association (CREA) & Local Real Estate Boards, 2024

How PI Homes Aligns With Edmonton's Growth

Addressing Growing Demand

With Edmonton's population growing by over 13,000 annually, PI Homes develops quality residential properties that meet the increasing demand for modern, affordable homes in strategic locations.

Serving Key Demographics

Our home designs cater to the 25-44 age group - over 304,000 Edmonton residents who are in their peak home-buying years, looking for quality construction and modern amenities.

Value-Driven Development

Edmonton's affordability advantage allows us to deliver exceptional value. Our residential developments provide quality homes at prices that align with the city's median income levels.

Diverse Housing Solutions

From single-family homes to duplexes and renovations, we provide diverse housing options that serve different household types and stages of life in Edmonton's growing community.

Renovation Expertise

With 65% homeownership in Edmonton, we offer comprehensive renovation services to help existing homeowners upgrade and modernize their properties, adding value and comfort.

Quality Commitment

Our 10+ years of experience and commitment to quality craftsmanship ensures we deliver homes that stand the test of time, contributing positively to Edmonton's residential landscape.

Ready to Be Part of Edmonton's Growth Story?

Whether you're looking to build your dream home, invest in property development, or renovate your existing space, PI Homes has the expertise and local market knowledge to help you succeed.


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