Look at last week in Red Deer real estate
Here are the weekly numbers:
The blue shaded areas represent homes that did not sell and are still available. We like to see that gap closer if you are selling. The bigger the gap the stronger the "buyers" market. You can see that sales were sluggish to start January 2009. Not to surprising given the doom and gloom in the air. Afterwards we had President Obama inauguration followed by the great Canadian Budget Coalition stand off that has now been resolved.
Sales are down from last year January '08 versus January '09.
We'll keep you informed.
Your Friend in Real Estate,
Patrick Galesloot
Posted by Patrick Galesloot
on February 6, 2009