MARKET UPDATE – January 15, 2018

Sales were lower in most central Alberta markets in the first two weeks of January compared to December, probably, as a result of extra activity in December caused by the mortgage rule changes. Sales were on par with the first two weeks of January 2017 in most markets, but up significantly in Red Deer.  Hopefully that is an indication that the market is indeed turning.  The active listing count is still higher than normal which will keep prices stable for now.

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Dawn Parent, RE/MAX REAL ESTATE CENTRAL AB.
#1, 5265-45 STREET, Lacombe, Alberta, T4L 2A2
Tel: 403-782-4301 Fax: 403-782-2285
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