The Canadian Real Estate Association (CREA) has updated its forecast for home sales in 2012 and 2013, with MLS® transactions in Alberta set to lead the country.

Coming off 2011, which saw Alberta's 8.1 per cent increase second only to Saskatchewan in terms of annual sales growth, CREA is predicting MLS® sales in the province rise by 13.1 per cent in 2012 to lead the country in growth.