As home prices continue to fall in Alberta retirees may opt for Edmonton or Calgary when home prices become as cheap as Elliot Lake in Ontario. The average home on mls in Calgary has fallen between 20 and 25 percent since October 2014. The figures for Edmonton are about half that. Rents (residential) have fallen about 20 percent in the last two years in both cities. Rents are in a free fall meaning home prices will continue to fall. Natural gas prices and oil prices have both been falling of late. The trick is rent and wait then buy a house for half of what it sells for today.