Blackfalds Market Update November 1, 2020

If you pay attention to the news, the world is on the brink – the Covid 19 second wave, unemployment, failing economy, negative politics and more.  Fortunately, it seems a lot of the public aren’t listening.  Instead they are going about their lives pretty much as normal and we are seeing that in the housing market.

Our typically busy spring market was hamstrung by the pandemic but recovered nicely in June and has kept pace with 2019 ever since.  Year to date sales in central Alberta are still down very slightly by 0.62% compared to last year.  What’s very interesting is that 2020 sales since June are up 18.6% compared to the same period in 2019.

The active listing count in most markets is down compared to a year ago and the increase in sales has narrowed the gap between supply and demand.  A couple central Alberta markets have moved just into balanced territory and most of the rest are still buyer’s markets, but much closer to balance than they were a year ago.  It is important to note again that there are markets inside markets.  The lower price ranges have been very active while the high end of the market still strongly favors buyers.  Prices are possibly up a little in the lower price range, but still depressed at the high end.

Lacombe Market Update November 1, 2020

If you pay attention to the news, the world is on the brink – the Covid 19 second wave, unemployment, failing economy, negative politics and more.  Fortunately, it seems a lot of the public aren’t listening.  Instead they are going about their lives pretty much as normal and we are seeing that in the housing market.

Our typically busy spring market was hamstrung by the pandemic but recovered nicely in June and has kept pace with 2019 ever since.  Year to date sales in central Alberta are still down very slightly by 0.62% compared to last year.  What’s very interesting is that 2020 sales since June are up 18.6% compared to the same period in 2019.

The active listing count in most markets is down compared to a year ago and the increase in sales has narrowed the gap between supply and demand.  A couple central Alberta markets have moved just into balanced territory and most of the rest are still buyer’s markets, but much closer to balance than they were a year ago.  It is important to note again that there are markets inside markets.  The lower price ranges have been very active while the high end of the market still strongly favors buyers.  Prices are possibly up a little in the lower price range, but still depressed at the high end.

Red Deer Market Update November 1, 2020

If you pay attention to the news, the world is on the brink – the Covid 19 second wave, unemployment, failing economy, negative politics and more.  Fortunately, it seems a lot of the public aren’t listening.  Instead they are going about their lives pretty much as normal and we are seeing that in the housing market.

Our typically busy spring market was hamstrung by the pandemic but recovered nicely in June and has kept pace with 2019 ever since.  Year to date sales in central Alberta are still down very slightly by 0.62% compared to last year.  What’s very interesting is that 2020 sales since June are up 18.6% compared to the same period in 2019.

The active listing count in most markets is down compared to a year ago and the increase in sales has narrowed the gap between supply and demand.  A couple central Alberta markets have moved just into balanced territory and most of the rest are still buyer’s markets, but much closer to balance than they were a year ago.  It is important to note again that there are markets inside markets.  The lower price ranges have been very active while the high end of the market still strongly favors buyers.  Prices are possibly up a little in the lower price range, but still depressed at the high end.

Ponoka Market Update November 1, 2020

If you pay attention to the news, the world is on the brink – the Covid 19 second wave, unemployment, failing economy, negative politics and more.  Fortunately, it seems a lot of the public aren’t listening.  Instead they are going about their lives pretty much as normal and we are seeing that in the housing market.

Our typically busy spring market was hamstrung by the pandemic but recovered nicely in June and has kept pace with 2019 ever since.  Year to date sales in central Alberta are still down very slightly by 0.62% compared to last year.  What’s very interesting is that 2020 sales since June are up 18.6% compared to the same period in 2019.

The active listing count in most markets is down compared to a year ago and the increase in sales has narrowed the gap between supply and demand.  A couple central Alberta markets have moved just into balanced territory and most of the rest are still buyer’s markets, but much closer to balance than they were a year ago.  It is important to note again that there are markets inside markets.  The lower price ranges have been very active while the high end of the market still strongly favors buyers.  Prices are possibly up a little in the lower price range, but still depressed at the high end.

Sylvan Lake Market Update November 1, 2020

If you pay attention to the news, the world is on the brink – the Covid 19 second wave, unemployment, failing economy, negative politics and more.  Fortunately, it seems a lot of the public aren’t listening.  Instead they are going about their lives pretty much as normal and we are seeing that in the housing market.

Our typically busy spring market was hamstrung by the pandemic but recovered nicely in June and has kept pace with 2019 ever since.  Year to date sales in central Alberta are still down very slightly by 0.62% compared to last year.  What’s very interesting is that 2020 sales since June are up 18.6% compared to the same period in 2019.

The active listing count in most markets is down compared to a year ago and the increase in sales has narrowed the gap between supply and demand.  A couple central Alberta markets have moved just into balanced territory and most of the rest are still buyer’s markets, but much closer to balance than they were a year ago.  It is important to note again that there are markets inside markets.  The lower price ranges have been very active while the high end of the market still strongly favors buyers.  Prices are possibly up a little in the lower price range, but still depressed at the high end.

Clearwater County Market Update November 1, 2020

If you pay attention to the news, the world is on the brink – the Covid 19 second wave, unemployment, failing economy, negative politics and more.  Fortunately, it seems a lot of the public aren’t listening.  Instead they are going about their lives pretty much as normal and we are seeing that in the housing market.

Our typically busy spring market was hamstrung by the pandemic but recovered nicely in June and has kept pace with 2019 ever since.  Year to date sales in central Alberta are still down very slightly by 0.62% compared to last year.  What’s very interesting is that 2020 sales since June are up 18.6% compared to the same period in 2019.

The active listing count in most markets is down compared to a year ago and the increase in sales has narrowed the gap between supply and demand.  A couple central Alberta markets have moved just into balanced territory and most of the rest are still buyer’s markets, but much closer to balance than they were a year ago.  It is important to note again that there are markets inside markets.  The lower price ranges have been very active while the high end of the market still strongly favors buyers.  Prices are possibly up a little in the lower price range, but still depressed at the high end.

Rocky Mountain House Market Update November 1, 2020

If you pay attention to the news, the world is on the brink – the Covid 19 second wave, unemployment, failing economy, negative politics and more.  Fortunately, it seems a lot of the public aren’t listening.  Instead they are going about their lives pretty much as normal and we are seeing that in the housing market.

Our typically busy spring market was hamstrung by the pandemic but recovered nicely in June and has kept pace with 2019 ever since.  Year to date sales in central Alberta are still down very slightly by 0.62% compared to last year.  What’s very interesting is that 2020 sales since June are up 18.6% compared to the same period in 2019.

The active listing count in most markets is down compared to a year ago and the increase in sales has narrowed the gap between supply and demand.  A couple central Alberta markets have moved just into balanced territory and most of the rest are still buyer’s markets, but much closer to balance than they were a year ago.  It is important to note again that there are markets inside markets.  The lower price ranges have been very active while the high end of the market still strongly favors buyers.  Prices are possibly up a little in the lower price range, but still depressed at the high end.

Innisfail Market Update November 1, 2020

If you pay attention to the news, the world is on the brink – the Covid 19 second wave, unemployment, failing economy, negative politics and more.  Fortunately, it seems a lot of the public aren’t listening.  Instead they are going about their lives pretty much as normal and we are seeing that in the housing market.

Our typically busy spring market was hamstrung by the pandemic but recovered nicely in June and has kept pace with 2019 ever since.  Year to date sales in central Alberta are still down very slightly by 0.62% compared to last year.  What’s very interesting is that 2020 sales since June are up 18.6% compared to the same period in 2019.

The active listing count in most markets is down compared to a year ago and the increase in sales has narrowed the gap between supply and demand.  A couple central Alberta markets have moved just into balanced territory and most of the rest are still buyer’s markets, but much closer to balance than they were a year ago.  It is important to note again that there are markets inside markets.  The lower price ranges have been very active while the high end of the market still strongly favors buyers.  Prices are possibly up a little in the lower price range, but still depressed at the high end.