The latest economic analysis and market statistics on Alberta and our major markets. Market Update Reports are revised monthly. Back issues are available from Richard Goatcher.
Market Update Reports
CHBA - Alberta will provide current stats from each region and the province. See the regions below for the most up to date information. Contact Richard Goatcher for the stats behind these charts and commentary.
Spending on residential renovations in Alberta surged in the first 3 months of 2017, partly due to the reconstruction of residences destroyed by the 2016 Fort McMurray wildfire.
Despite a slowdown in the Alberta economy, spending on residential renovations held up well in the past year. According to Statistics Canada's residential investment data, renovation spending during the fourth quarter of 2016 increased.
Following a sizable decline in new housing activity last year, Alberta s home builders are expecting reductions to moderate in 2017.
After leading the country for over four years, Alberta’s population growth in the last six months has cooled due to the protracted slowdown in the provincial economy associated with the weakened energy sector.