Often as real estate professionals we are often asked for insight into what the overall real estate market is doing and going to do in the future especially when things slow down slightly in the overall market. While this can vary drastically from region to region and town to town with current statistic's we can help shed some light on what "might happen" Let's take a closer look at some of the stats in Alberta

-According to Statistics Canada's October 2022 Labour Force Survey, Alberta had an unemployment rate of 5.2 per cent last month, down 0.3 percentage points from September and better than last year's 7.8 per cent.

-Alberta Housing Market as of October 2022. The average price of a home in Alberta was $430,964 in October 2022, a 2% increase year-over-year and a 0.2% decrease compared to last month.

Posted by Cole Walker on


Email Send a link to post via Email

Leave A Comment

e.g. yourwebsitename.com
Please note that your email address is kept private upon posting.