Alberta Real Estate Market Likely Strongest in Canada

Alberta Gay Real EstateAlberta is poised to post the largest annual gains in housing sales this year and next, according to the Canadian Real Estate Association.

In its forecast released Tuesday, CREA said sales this year will increase by 7.3 per cent from 2010, to 53,350 units, and another 6.8 per cent in 2012, to 57,000 sales.

The forecasted year-over-year increases would be the highest in Canada, by percentage. The association also predicts the average sale price in Alberta will increase 1.5 per cent this year, to $357,500, and a further 1.8 per cent, to $364,000, in 2012.

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Full Story from The Calgary herald

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