NAI Advent – Spring 2023 Market Report

Despite geopolitical tensions, and national and global inflation, the Government of Alberta’s plan to strengthen our economic output has come to fruition. This has helped in generating an unprecedented level of revenue, totaling $76 billion in just 12 months, thanks to the exponential growth of our energy sector.

Increased demand in the face of a global energy crisis has driven up prices for real estate, as it has all goods and services, leading to a ripe market for investment opportunities. Additionally, Alberta has seen a record-high influx of both interprovincial and international migrants, which encourages investment from both in-province and out-of-province investors…