Edmonton Housing Bubble in 2012?
I thought this topic might be interesting because of all the headlines about economic uncertainty in the world today. The question is, “Are we in a housing bubble in Edmonton?” For the most part, people I speak with are optimistic about the Edmonton/Alberta economy. I do occasionally read or hear bubble talk, the theory that Canada will have a USA style housing meltdown. The Bank of Canada Governor Mark Carney also has been talking about the overheated real estate market.
The truth is Edmonton is the #1 most affordable major market (outside of severely depressed US cities) in the world! To read the study and see more details visit Edmonton Housing Bubble.
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