Calgary Inner City Blog

Alberta’s housing market gains strength

A new report from Alberta Treasury board and finance states that Alberta has emerged as a standout performer in Canada’s housing market. The main reason for this is Alberta’s robust economy, it has grown double the rate of the Canadian average and has accounted for 56% of new jobs in Canada. This has also trickled into the housing market, Alberta has seen housing starts jump 7.8% over 2012 levels, while the rest of Canada fell 12.5%.

The report says that there are no signs of cooling for 2014, especially if the low unemployment rate continues to draw migration into the province.

To read the full report click on the link below:

2014-0506-Alberta-housing-market-gains-strength

If you have any questions on the Calgary’s Real Estate market, please contact me at 403.478.3258 or fill out the form.

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May 29, 2014
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