The wheels of growth are in motion. How will this impact the Edmonton Real Estate Market?


CaptureDoubts that the Albertan economy could reclaim its position as one of Canada’s faster growing provincial economies are dissipating quickly because the wheels of growth are starting to spin faster in the province.


To be sure, not all economic sectors have yet displayed the same pace of recovery—or any recovery at all in some cases—but we believe that the expansion is spreading and will bring wider benefits as 2011 progresses.


The forest fires that tragically destroyed communities and disrupted crude oil production

in May will, fortunately, have only a temporary effect on overall economic performance.


We expect growth to accelerate to a nation-leading 4.3% in 2011 from 3.7% in 2010,

which would be the province’s best showing since 2006.


Read Full story


No comments

Post Your Comment:

Your email will not be published
Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.