Tuesday, January 3, 2012

A Good Edmonton Real Estate Market for 2012?

According to BMO’s deputy chief economist, Edmonton may be one of the hottest real estate markets in Canada in 2012.

“Calgary (average price: $399,000) and Edmonton ($320,000) have seen stable prices in recent years even as Alberta easily recorded the strongest employment growth in the country in 2011," he says. If oil prices hold around $90 US a barrel or more in the coming year, "look for those two cities to lead the way for hottest housing markets in 2012," says Porter.


I guess time will tell.

Read the complete Edmonton Journal story...

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