Craig Alexander

Speculation has picked up in Western Canada, while housing markets in Central Canada appear to be coming in for a read more

Speculation has picked up in Western Canada, while housing markets in Central Canada appear to be coming in for a soft landing.

We estimate that only Winnipeg and the Atlantic are more affordable than Calgary and Edmonton, but only because home prices read more

We estimate that only Winnipeg and the Atlantic are more affordable than Calgary and Edmonton, but only because home prices in the former two are considerably cheaper than their Alberta counterparts.

Based on long-term factors, including demographics and income growth, the average annual increase in national home prices is likely to read more

Based on long-term factors, including demographics and income growth, the average annual increase in national home prices is likely to be around four per cent in the coming decade, so the recent high single- digit and low double-digit gains cannot persist indefinitely. But, the key issue is whether the adjustment to a more sustainable trend is gradual. The good news is that this is what appears to be happening in Central and Atlantic Canada.

It is one of the hardest things to forecast. So, get used to it.

It is one of the hardest things to forecast. So, get used to it.