Red Deer Real Estate, week ending May 24, 2009
Last week in real estate was a busy week. Sales increased, pending sales increased, and new listings slowed down just a bit. It ads up to a good week.
Overall sales numbers continue the April trend that saw us mirror the sales results of 2006. With interest rates continued to be fore-casted at record lows, and oil prices steadily climbing, the so called spring fling market blip is turning out to be a trend. A lot has to happen in order for us to be come a full fledged balanced market but the seeds are there, and the mood is right.
Your Friend in Real Estate,
Patrick Galesloot.
Posted by Patrick Galesloot
on May 26, 2009