The People Flow
Who is coming to Alberta, who is leaving, and why? Migration drives housing demand, school enrollment, retail, and services.
The Growth Story
Migration Flows
Growth Components
Migration & Energy Correlation
Why Migration Matters for Real Estate
Migration is the primary demand driver for Edmonton's housing market. Unlike Toronto or Vancouver, where prices are driven by limited supply and speculation, Edmonton's market is demand-driven — and demand follows jobs.
International
Structural growth — steady regardless of oil prices. Creates demand for starter homes, rental, and specific neighbourhoods near settlement services.
Interprovincial
Cyclical — follows energy. Workers from BC, Ontario, Atlantic Canada. When positive: rental pressure, then purchase demand. When negative: vacancy rises.
The Real Estate Signal
If interprovincial migration is positive AND immigration is strong, housing demand has legs. If interprovincial flips negative, watch listing inventory closely.