Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.
Edmonton Growth Reports
If you have some free time this weekend you could read the 160 pages of the 2015 Growth monitoring report and Edmonton Growth study released this week.
In short Edmonton is an economic leader and is growing city with a young demographic. Over the next 50 years the city is expected to double in population.
"Alberta continues to lead the country in economic growth. Its economy has grown on average by over 4% per year over the last three years and is forecast to grow by 3% per year over the next three years. The Edmonton-Calgary corridor demonstrates this economic activity having generated 60% of Canada’s overall job growth for the year ending July 2014. The Edmonton Region plays an important role in the Alberta economy, given its proximity to the world’s third-largest oil reserve. Edmonton has been leading or among the leading Canadian cities in terms of GDP growth over the past three years with that trend expected to continue for another five years.
Strong economic fundamentals in Edmonton have created the need to accommodate
growth. Edmonton’s population grew by roughly 60,000 from 2012 to 2014, an increase of 7.4%. Much of that increase is mainly due to young adults migrating into the ... more
Are you on The Rain? Grow Your Network!