REAL ESTATE MARKET UPDATES FOR RED DEER AND CENTRAL ALBERTA

It’s not unusual to see a bit of a lull in the market around the end of June and into July.  With kids getting out

The Central Alberta real estate market is setting a pace rarely seen in the past 40 years, and detached and semi-detached homes are reaching record

Central Alberta residential MLS sales in March were up 36% compared to February while the number of active listings only increased by 12%.  The sales

Another good month in February, and another month where single family properties under $500k are still in very high demand.  Low inventory is still a

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