April 2023 Market Stats
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
Our blog articles provide the latest information and trends in real estate for Red Deer, keeping you in the know.
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
Low inventory continues to be a theme. Sales were down 28% this March compared to 2022, however inventory is down 21% in the same period. While we’re
The Central Alberta market continues to move along, but at a much slower pace than 1 year ago. With only 104 sales in February, sales
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
August sales continued to cool as we moved toward the end of summer, and the Red Deer market is continuing

When people think about buying a home, the focus is usually on the purchase price and monthly mortgage payment. But
After a strong month in June, July sales cooled slightly and the market is moving back towards balance. Sales were
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.