Real estate prices have been coming down from their highs in most areas. So have mortgage rates ...That can be a winning combination for homebuyers, especially those taking the fist-time plunge".
Remember these are Canadian stats. Regina and Saskatchewan are not mentioned at all.
http://www.leaderpost.com/Business/buyer+market/1329708/story.html
Posted by Pauline Relkey
on March 2, 2009
Yes I guess it is official. November Regina MLS stats show the average price has dropped a few dollars - $352 to be exact from October 08. But we are still higher than Nov. 07 prices.
It is not unusual anymore to see listings on the market for months. It is a waiting game. I do see the stats of active listings decreasing daily, so hang in there sellers. We had a ...
Posted by Pauline Relkey
on February 27, 2009
2008 MARKS SOLID YEAR FOR REAL ESTATE MARKET
Despite a decrease from the record-setting pace set in the previous year, 2008 marked a very solid
year for sales through the Regina and area MLS® while setting new highs in some key measurement
categories, said the Association of Regina REALTORS® Inc.
There were 2,812 residential properties sold inside the city during the ...
Posted by Pauline Relkey
on February 27, 2009
Our 'normal' market in past years would have an average of 400-500 listings for sale in the city of Regina.
In 2008 we actually hit a high of 1200 listings at one point.
December 2008 we were at 750 listings (slower time of year, some sellers took their property off the market, some sold, some expired - contract was done and property didn't sell).
January 2, 2009 we had 762 listings.
Today ...
Posted by Pauline Relkey
on February 27, 2009
Average price Jan 2009 for houses, condos, farms, multi-family, commercial $213,416. Dec. 2008 $248,692.
Average price for houses Jan 2009 $221,762. Dec. 2008 $231,197.
Average price for condos Jan. 2009 $178,519 Dec. 2008 $216,856.
December 2008 total dollars was up by 9% from ...
Posted by Pauline Relkey
on February 27, 2009