Recent Real Estate Boom in Alberta

(November 05, 2014 )

For our readers who appreciate statistics…

According to a recent report from Royal Bank, housing starts in Alberta are on par with the numbers that were seen in the the 2006-2007 boom with an average of just over 43,000 units (annualized over the latest 3 months) which is almost the equivalent of Quebec and Atlantic Canada COMBINED (47,000)! This is even more noteworthy since that region has over twice the population of Alberta which would indicate population flows towards Alberta.

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