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Red Deer Advocate reported that the housing market in Central Alberta is strong; this is evident as homebuilders are busy at this time of the year with new builds selling fast.    

The said Central Alberta local media noted that Timber Ridge and the nearby Evergreen subdivisions were busy constructing new builds last week.    

According to Red Deer Advocate, Beacon Homes owner Courtenay Whitehouse says they are busy with the construction of new builds. "As far as my business (goes), I'm all out. We're busy," said Whitehouse.    

Similarly, Hugh Macbeth, Mason Martin Homes' chief executive, mentioned that they are making haste because as soon as the construction of new builds is finished, they are absorbed by the market.  

With projects aplenty, Central Alberta homebuilders are on-the-double to ensure housing demands are met.   

The housing demand was anticipated to cool down after the successive interest rate hikes, but such is not valid in Central Alberta.    

Macbeth mentioned that higher borrowing costs had not impacted the housing demands in Central Alberta, stating that this region has the best new home values in Canada.    

"The prices are still super attractive. If you're moving into a new home for new home buyers, you still can't beat the prices we have in central Alberta," Macbeth said.    

He added that these attractive, affordable houses make people migrate from Edmonton and Calgary and move to Central Alberta.    

Macbeth further states that he anticipates busier days as far as building homes.    

"I've done a lot of reading, and it's all positive for Red Deer and central Alberta. This fall, we'll see a lot more action as far as houses go in because people are coming to central Alberta, and our inventory is drying up."    

Other than the low cost of living, Central Alberta's high average wages and high quality of living make it more attractive to homebuyers from outside the region.    

If you are looking to buy new houses in Central Alberta and are afraid that you may miss out on the high-quality new builds, you can find websites that will provide you with up-to-date listings based on the criteria you are looking for. Check out search.lapprealty.ca to begin your home search.   

For a more in-depth home search, you may also connect with top realtors in Red Deer and Central Alberta so that you are appropriately guided on buying a house.  

Pros of moving to Central Alberta    

Red Deer is one of the most popular places to move to in Central Alberta. It is the third most populous city in the whole province of Alberta, known for cattle rearing, grain, and oil production.    

Red Deer has been recently recognized as the most affordable housing cost in Canada, based on a survey that compared the percentage of people's incomes to how much they spend on mortgages.    

Red Deerians, on average, spend 25.86% of their income on mortgages, while people in Regina spend 26.94% of their income and people in Brandon spend 27.73% of their income on mortgages.    

Red Deer offers many business opportunities for different industries. The city is recognized for its retail and industrial-scale business operations that are at par with large cities in Alberta and the western half of Canada.   

Furthermore, the city's economy is booming, with 62,224 jobs provided by over 4,000 businesses.    

The key industries in our Red Deer include Health Care and Social Assistance; Retail Trade; Construction; Mining, Quarrying, and Oil and Gas Extraction; Accommodation and Food Services; Manufacturing; and Educational Services.   

In Red Deer, you can enjoy a more peaceful living but still get easy access to significant metropolitans like Edmonton and Calgary. Red Deer's close location to Queen Elizabeth II Highway (Highway II) gives the city access to the rest of Alberta within a 2-hour drive.   

The city also provides many amenities, especially to people with an active lifestyle. You can enjoy the walking trails along the Red Deer River. Meanwhile, sports enthusiasts may use the groups and individual facilities Westerner Park in South Red Deer offers.