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According to some, it appears the overall Canadian Real Estate marketplace is headed for a bit of a slowdown:

 

OTTAWA - Canada Mortgage and Housing Corp. is forecasting a moderate slowdown in new-home construction starts as well as sales of existing housing.

 

The Ottawa-based federal agency isn't calling for a major decline, but its latest forecast suggests next year will be somewhat softer than estimates CMHC issued in June while 2012 may be somewhat stronger than previously expected. Read more here...


Now, that being said, I encourage one and all to check out the entire Housing Market Outlook - Canada report ( well maybe not the entire report as it is a bit lengthy ) especially your local area ( s ). For some what appears to be impressive Alberta forecasts and predictions, check out page 10 and the stats in the tables nearer the end of the document. Check it out here...


For more 'Prairie' specific CMHC data, check out here...

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.