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MARKET UPDATE – February 15, 2018

Sales in the first two weeks in February were up over the same period in January in most central Alberta markets.  Sales were down slightly or about the same as the first two weeks of February 2017 in most markets.

The number of active listings is up in every market compared to last month which is normal for this time of year.  Some of the listing activity is old listings that didn’t sell last year coming back on in time for spring.

It does seem busier although that hasn’t translated to hard sales yet.  A resolution to the conflict between Alberta and B.C. over the pipeline would go a long way to improving consumer confidence and market activity.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.