Wondering why our housing market continues to have tight supply conditions? Consider the fact that Alberta’s population was 4,703,772 as of April 1, 2023, an increase of 4.5% from the year prior. During the last 12 months, Alberta welcomed 123,935 net international migrants and saw a net inflow of 56,462 interprovincial migrants. Many people have chosen southern Alberta, with a good influx from Ontario and BC. The attached housing stats reflect the total provincial gains in price. It should be noted that the Foothills region has fared much better with healthier price gains than Edmonton and many northern communities.
