Category: Market Stats

January 2023 started off a little slower than January of 2022, however sales jumped up from December by 30% which is an encouraging sign.  Markets

Residential MLS sales in central Alberta in December were down 24% compared to November, while year to date sales were down 8.9% compared to 2021.

November sales saw an 18% drop from October, however it’s normal for sales to decline month over month as we head into December.  The drop

After a 20% drop in sales in September, the market bounced back nicely in October, posting 142 sales in Red Deer, an increase of 15

The central Alberta residential real estate market in September performed much like we expected, although sales picked up slightly in the last week and came

As expected, markets continue to cool as interest rates continue to rise.  On September 7th the Bank of Canada raised rates by another 0.75% as they’re

July 2022 residential MLS sales in Central Alberta were down 7.5% compared to June, and year to date sales are down 3.62% compared to the

As you can see from the attached graphs, the market has cooled and has returned to a balanced level.  The shift was very quick, one

Another great month for real estate in Central Alberta!  With that being said, the tides are turning, and while the stats don’t show it yet,

April was another hot month in Central Alberta, with Red Deer selling just over 50% of the available housing inventory, and many of the smaller