Out of a job in the oil industry? Consider moving to Grande Prairie
Taking the Pulse is a series from CBC News examining how Albertans are coping with today’s economic conditions. Lucrative jobs in Alberta’s oilsands may have dried up, but in Grande Prairie, signs of economic opportunity abound. Spend time in the city 460 kilometres northwest of Edmonton and you’ll see many “We’re Hiring” signs outside businesses […]
Housing market improves for 2018, says CMHC
The housing market in Grande Prairie was strong for 2018 thanks to increased activity in the local oil and gas industry. From January to November 2018, resales were up 19 per cent for Grande Prairie, according to the Canadian Mortgage and Housing Corporation (CMHC). Meanwhile, resales were down 6.4 per cent for across Alberta. “In […]
2020 Outlook: Real Estate Market Forecast
After a two year slump, the future’s looking bright again for Canadian real estate. Economists expect positive growth in the national housing market in 2020, supported by low mortgage rates, a solid job market, and a rising population. In fact, in a recent report, RBC Economics called 2019 a “turning point for Canada’s housing market.” […]