Vancouver housing market booming as B.C. reaps gain of Alberta residents

The Vancouver region’s housing market is off to a hot start for 2015 amid forecasts that Alberta’s pain will be British Columbia’s gain.

More B.C. residents moved to Alberta than the other way around from 2011 to 2013, but the trend began reversing in the third quarter of last year as the B.C. economy stayed steady. Lower oil prices began hurting Alberta in the second half of 2014.

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