You won’t see a better time to buy a home in Central Ab moving forward. Prices are currently as low as they will go and they’re in a position to climb.
2018 sales are even lower than in 2017. When there are few buyers, sellers price more competitively. Click here to see this year’s higher sales stats.
Due to slow sales “months-of-inventory” or “m.o.i.” on the market is very high throughout Central Ab. Click here to see local inventory rates.
We saw some upward price momentum earlier this year but prices have sat flat the last few months. See the chart trending price increases by clicking here.
It sounds like interest rates will remain low in the foreseeable future, take advantage of it!
If you’re waiting for prices to go lower before you commit to buying, you’ll pay more.