2018 Real Estate Market... Turning the Corner or Idling?

Posted by Patrick Galesloot on Wednesday, August 29th, 2018 at 3:47pm.

As we near the end of August,m we're reflecting on the positive surge in sales volume on our MLS® system that was reported for Red Deer in July 2018.  We've noticed some improvements in weekly numbers.  Currently, we're cautiously optimistic.  2018 has been a relatively flat year, with little gains over 2017, to finish strong would be welcomed.

Driving around Red Deer, there is no shortage of commercial projects on the go, so it's just a matter of time for some that income to trickle down into buying power.  While the Oil & Gas sector seems stable, everyone is waiting for growth there, which really fires things up.  Until then, have a look at how well Red Deer MLS® has been performing.  If you have any question on the real estate market, your area, or how it impacts your home. please feel free to ask us.

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