The Canadian Mortgage and Housing Corporation has released their 2016 Red Deer Economic and Housing Outlook.
Although we saw things slow down in 2015, there is an upswing predicted for next year. Real Estate will see price gains easing with moderate sales growth as subdued supply and demand begin to equal out. Economic uncertainty will result in lower demand than several years ago, but a slight increase over 2015.
Overall predications indicate that the market is on a slow climb back up and things are generally looking positive.
View this informative presentation here.