While Toronto and Vancouver still appear to carry much higher risk, Alberta may be showing a different story.

Yes, Calgary has seen a pullback, with prices dropping from around $700K to about $660K 📉 But the bigger question is: is this the start of a deeper decline, or just a normal correction after years of strong growth?

Calgary still has long-term potential, especially with higher oil prices and the possibility of more outside investment tied to growing trade cooperation with China ⛽💰 Edmonton has also remained relatively stable and, so far, looks less affected.

From a residential housing perspective, Alberta still looks relatively safe for now. But there is still one key risk to watch: the hot money that has flowed into multi-family projects, cash-flow properties, and development over the past few years 🏢

Do you think Alberta is now a safer market than Toronto or Vancouver? Let me know in the comments 👇