Tentative Red Deer Market

The # of single family home sales was down 15% in the first 4 months of 2016, when compared to the same period in 2015.

Housing inventory is up 15 % over the same period last year.

Those two factors have combined to ease prices by 3% when compared to the first 4 months of 2015.

Trends are expected to continue until we see some recovery in the oil/gas industry in Alberta

 

Blog Archives

Tags