REAL ESTATE MARKET UPDATES FOR RED DEER AND CENTRAL ALBERTA

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

The March stats are in and the numbers are nothing short of staggering given the state of the real estate market just two short years

Red Deer just had one of its best months for residential real estate in recent memory!  Inventory is low and sales are flying, as we

The real estate market in Central Alberta is hot!  Things are off to a busy start, and Red Deer saw a 20% increase in sales

December stats are in, and the market held a great pace despite the holidays and cold weather.  Generally an active market in December and January

Another steady month for real estate in Central Alberta.  Listings and sales in Red Deer both dropped slightly, with the market selling 22% of the

The real estate market in Red Deer and Central Alberta continues to hold steady.  The graphs show that the market remains largely unchanged over the

It was another positive month for real estate in Red Deer.  23% of our inventory sold in September, and sales increased just slightly over August,