this post was submitted on 05 Jul 2023
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I was expecting the rate to be substantially higher, but it's only marginally higher. A little bit misleading. Also if there's anywhere that's shown that supply can try to match demand it's at least in Alberta, so I suspect the rising housing costs are going to be temporary as more starts get underway. Likely also leading to lower unemployment.
Yeah but how are the news sites going to get clicks if the headline says "Canadians move to Alberta in moderate numbers".
They make it look worse to get attention.