Lethbridge Real Estate
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Lethbridge is the third largest in population and area in the province with a strong economic outlook. The unemployment rate is low, the housing market has remained stable, and there are over 1 billion construction projects planned over the next 4 years. It is the 4th best place to invest based on the Canadian Federation of Independent Business report.
Located in the heart of western Canada and bordered by the Canadian Rockies, Alberta is vast and varied, ranging from heavy forests and peat lands in the north, grasslands in the south, parkland and plains in the east, mountains and foothills along its western boundary and the energetic urban cities of Edmonton and Calgary at the province’s heart.
While the Alberta’s natural landscape is undeniably beautiful, it is its economic landscape that has distinguished it among the Canadian provinces. Between 1991 and 2011, Alberta led the country in economic growth with an average annual GDP growth of 3.4% per year. In 2011, Alberta boasted the highest provincial economic growth rate at 5.2%, prompting private sector forecasts to predict that the province’s competitive tax environment, entrepreneurial business climate and robust oil, gas, machinery, metals, mining, scientific and professional industries, will forge a strong economy in the coming years.
It’s no wonder that insiders also predict that the Alberta real estate market will also remain robust. In fact, the Canada Mortgage and Housing Corporation forecast that Alberta real estate is expected to outperform other Canadian real estate markets, including British Columbia, Ontario and Quebec in coming years.
Whether you are looking for real estate in Calgary, real estate in Edmonton or real estate in one of the idyllic regions outside of these urban centres, such as Bighorn, Rocky View or the Rural Foothills— our real estate experts can help you discover the perfect home.