All I am trying to say is that lower Canadian Currency doesn't predict a crashed Real Estate Market. It might stimulate this market, as more US investors are coming to AB, because they spend less money digging our oil. ' `7 q8 s# x- [1 U1 d. L4 l* }
It doesn't mean our housing price will increase neither, as it ties to many factors in the market. I would say we see a slow down in higher priced houses (>700 k), but a slightly increase in lower priced houses (250~400 k).