Posthaste: Correction? What correction? This city might have the strongest housing market in Canada

launched by former premier Jason Kenney in August to attract young and skilled workers from other parts of the country to the western province.Alberta’s population increased 1.3 per cent

“One spot to point out is Alberta , where prices have held very firm since the BoC started tightening and markets all around began to crack,” wrote BMO senior economist Robert Kavcic in a note on the Canadian Real Estate Association data out Jan. 16.Article content “In Alberta, housing market activity eased but remained robust by historical standards,” wrote Charles St-Arnaud, chief economist at Alberta Central, on December’s housing numbers.

One, as mentioned above, is that large numbers of people are moving to the province, while they are leaving Ontario. A healthy economy, bolstered by higher oil prices, is one attraction, but so is a more affordable housing market.Article content

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