With the coldest Easter on record out of the way, we're sure to have some warmer weather in the near future!
Sales in March were stuck at a plateau from February earlier this year. Perhaps the late winter & colder temperatures have kept the buyers at bay. The increased number of listings are likely the result of a build up of sellers, who have been unable to sell in recent markets. This back up of unsold houses can provide a healthy inventory for potential buyers to choose from.
The residential real estate market is experiencing a definite increase in activity, which we hope leads to a healthier year in real estate.
Information Based on Red Deer Real Estate Board MLS® Stats 2014-2018