January 2024 Market Stats
January sales dipped 9 units from December, but that’s expected at this time of year. A week or two of -50 weather never helps buyer
Our blog articles provide the latest information and trends in real estate for Red Deer, keeping you in the know.
January sales dipped 9 units from December, but that’s expected at this time of year. A week or two of -50 weather never helps buyer
Red Deer had a great month in December, posting 99 sales, with only 211 listings currently on the market. This marks a significant improvement from
The market remains strong and we saw another good month of activity in November, with Red Deer posting 122 sales. Sales were down slightly from
October sales dipped 22% (or 37 sales) from September, however this is a pretty normal trend as we move into the winter months. Inventory has
September is the beginnings of the fall market and usually when we see activity start to slow down, and while sales came down from the
Buyer demand remains strong in Central Alberta, with inventory levels still sitting at record lows. Red Deer saw 189 sales in August, down only 6
There has been considerable attention recently to the national housing situation, both in the news, Provincial Legislatures and the Federal Parliament. Millions of new immigrants
Low inventory and high demand continues to be the theme in Alberta. The Bank of Canada has another rate announcement scheduled for July 12, and
Residential MLS sales in Central Alberta stayed strong in May, posting sales numbers that almost don’t make sense considering the high interest rates and inflation
Residential MLS sales in Central Alberta were up almost nine percent in April compared to March, but down 26% compared to April 2022. There are
After a strong month in June, July sales cooled slightly and the market is moving back towards balance. Sales were

Over the past few years, buying preferences have shifted noticeably. Space, lifestyle, and affordability are weighing more heavily in decision-making
After several months of inventory steadily increasing, the market appears to have found a comfortable balance. Sales numbers improved compared
Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.