Terri Stephens | 403-827-4663


The economy in Alberta continues to grow, buoyed by population and job growth, along with increasing consumer spending.

The Redford government recently issued a report expecting that Alberta's economy will grow 2.9 percent throughout 2013 on a year-over-year comparison. The report said that despite reliance on oil, which is seeing prices fall, other factors will help boost the economy.

Strong improvements and in consumer spending and a robust housing climate are helping drive Alberta's economy forward. The report expects unemployment to remain flat at 4.5 percent throughout the year.

"We've seen some very good growth indicators in terms of housing starts, construction activity and especially net interprovincial migration," Ben Brunnen, chief economist with the Calgary Chamber of Commerce, told the Calgary Herald. "So while we'll probably see a bit of a pullback in the energy sector and the companies are probably going to be investing a little bit less, we will see growth from that population increase."

The Canadian economy as a whole grew 0.2 percent in January, after showing gains of 0.3 percent in December, according to the Macdonald-Laurier composite.

With the latest Redford government available, report those buying a home in Alberta can expect to see similar gains each month throughout the remainder of the year. 

Post CommentComments: 0Read Full Story
Categories: a | Airdrie condos, condos, foreclosures | Airdrie Stats | Airdrie, Airdrie Real Estate | Aireloom Mattress, Terri Stephens, CIR REALTY | Auburn Bay, Calgary Real Estate | calgary homes, airdrie homes, airdrie condos, calgary condos, | Carstairs, Carstairs Real Estate | census, population, fastest growing cities, Calgary Homes, Calgary condos, Airdrie condos | chestermere, real estate, calgary homes for sale | Coventry Hills, Calgary Real Estate | Crescent Heights, Calgary Real Estate | Crossfield, Crossfield Real Estate | Didsbury, Alberta Real Estate, Acreages | Discovery Ridge, Calgary Real Estate | economy, Alberta, Growth, Buying a home | every | everything | everything I touch turns to sold | everything I touch turns to sold, Calgary Spring Real estate market, Spring real estate market, Airdrie Spring market | Fairview, Calgary Real Estate | forecl | generation x, homeowners, Airdrie Condos, Calgary Condos | Harvest Hills, Calgary Real Estate | Hidden Valley, Calgary Real Estate | homes in airdrie | housing starts 2013, Bubble, Alberta, | Lower Mount Royal, Calgary Real Estate | Mayland Heights, Calgary Real Estate | McKenzie Towne, Calgary Real Estate | Millrise, Calgary Real Estate | New Condos in Airdrie | Olds, Olds Real Estate | Out of Province_Alberta, Out of Province_Alberta Real Estate | Panorama Hills, Calgary Real Estate | Pineridge, Calgary Real Estate | Royal Le Page Roger LeBlanc | Taradale, Calgary Real Estate | TD Bank, ATB, Alberta Housing Market, Calgary, Alberta | terri stephens, cir realty, airdrie realtor, calgary real estate, airdrie real estate, first time home buyers | Thorncliffe, Calgary Real Estate
Posts By Date
Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.