Red Deer residential property sales down in 2017 – Red Deer Advocate

red deer advocate, local news
Good time to buy a house if you can afford it, says one expert
 Jan. 7, 2018 12:00 p.m.  

…Like Russell, Century 21 real estate agent Blake King, is also optimist about the real estate market in 2018.

good time to buy in red deerSingle family homes sales were high in two months of 2017 — August and December — compared to 2016.

December 2017 single family home sales were at 65 compared to the same month in 2016 at 50.

“There wasn’t really a pattern (in 2017) however the last month of the year being so high maybe its going to lead to a trend of some sort but there’s no telling,” said King, who has been a real estate agent for the last 10 years in Red Deer.

He attributes the high sales in December to the newly tightened mortgage rules that were coming forward in the new year, and the economy.

“I hate to guess but I would predict we see sales (in 2018) similar or above 2017 numbers,” he said…

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About the Author

Blake King
Having lived in Red Deer my entire life and having experience in many avenues of real estate I offer enormous value to my clients.