Interesting chart on population growth rates for Alberta. As you can see, net migration is basically nil. We are the fasting growing province however based on natural growth (babies!). Not sure what to say about Albertans in that regard... Take this info and the fact that it has been determined through covid that approximately 60% of those that make over $100,000 in North America can work from home. This is going to drastically change the landscape of home ownership and the type of homes people are looking for which is the main driver of why our real estate market is doing what it is currently doing. I predict that 2021 and going forward will see continued interest and housing market movement servicing this demographic.
Population Growth and Housing Market Growth 2021+