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MLS® Home Price Index benchmark prices (seasonally adjusted) for Calgary and Edmonton. Source: CREA · updated monthly.
Source: Canadian Real Estate Association (CREA) MLS® Home Price Index. Presented by Jay Kern, REALTOR® — Kern Realty | CIR Realty. Deemed reliable but not guaranteed.
How Red Deer has moved since 2016 — against the big Alberta markets, then in dollars, then by property type. All three use benchmark prices rather than medians: a median moves whenever the mix of homes that sold changes, while a benchmark tracks one consistent home, so the line reflects the market itself.
How much money changed hands through MLS® — Alberta as a whole, against its three biggest boards. This is the total dollar value of homes sold, not the number of them, so it moves on how many homes trade and what they sell for.
Each point covers the twelve months ending at that date. Housing has a heavy summer season, so a single month says more about the time of year than the market. The chips carry the dollar totals and a six-month read, which turns sooner than the line does.
How many more people arrived in Alberta than left, broken into the two sources: Canadians moving from other provinces, and people arriving from outside the country.
Bars split the two components; the line is the combined net total. Each point covers the four quarters ending at that date.
Two things drive these numbers from behind: the economy people earn in — oil, drilling and jobs, on Alberta's economic engine — and what it costs to borrow, on Canada mortgage rate history.