This document summarizes real estate market data for Calgary and Edmonton from January to May 2017. In Calgary, total residential sales were down 4.69% year-over-year while the average home price increased 16.02% to $562,995. Detached home sales fell 14.81% and average prices rose 17.73%. In Edmonton, total residential sales declined 1.72% and average prices grew 1.10% to $449,683. Detached home sales increased 3.99% but average prices fell 9.09% to $379,516. The document also provides economic indicators for Alberta such as GDP growth, unemployment rates, and oil prices.