Friday, June 24, 2011

Job seekers heading back to Alberta

According to this Globe and Mail article, Statscan reported that after a two year lull Alberta now registers as the province with the fastest first quarter job growth in Canada.
The majority of migrants are coming from Atlantic Canada and other prairies provinces.
The recent information release by Stastcan furthers the speculation that Alberta may soon see another boom. If we are seeing an increase in migration, it only makes sense that the individuals moving here will increase the demand for housing. With current interest rates so low and the potential for rising house prices and higher interest rates as the economy picks up steam, maybe NOW is a good time to get into your first home!
If you are a first time buyer thinking about taking the property plunge, now might be a good time to do so.
Please contact me should you require mortgage information or a pre-approval.

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