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edmontonjournal

Wealth transfer already starting to drive Edmonton real estate sales

edmontonjournal
Summary
Nutrition label

77% Informative

An estimated $1 trillion in wealth is expected to pass from one generation to the next in the coming decade , a new study suggests.

In Edmonton , where the average price is $ 428,959 , as cited in the report, $ 200,000 would cover nearly 47 per cent of the cost.

In Victoria , a down payment would be enough for 32 per cent down payment on the average-priced, single-family home worth more than $960,000 .

VR Score

84

Informative language

85

Neutral language

64

Article tone

informal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

9

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