- Interest rates are expected to continue falling until Christmas and then begin rising in 2009 as inflation sets in. Home prices in Calgary rose 5% year-over-year in February 2008. - Alberta's economy continues to outpace the rest of Canada's, with oilsands investment skyrocketing to $19.7 billion. Oil prices are expected to remain high above $100 per barrel. - Calgary's residential rents are the highest in Canada at $1,089 for a two-bedroom apartment, rising 34.8% in the last two years, while the city faces a tight labor market and rising commercial real estate prices.