Calgary and Edmonton benefit from renewed energy/industrial hiring, boosting household formation.
Inventory remains below long-term norms in many neighbourhoods, keeping competition alive.
Out-of-province migration adds supplemental demand in urban centres.
Housing starts are increasing but remain restrained by labour and material bottlenecks.
Outlook: Home-price gains in Alberta are forecast at ↑4-6% as the economy strengthens and supply remains constrained.
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