Red Deer single-family home sales were up 3% in Sept

It’s refreshing to see home sales peek higher than the did last year in September. We haven’t witnessed higher sales much this year, in fact, we’ve only seen higher sales in 3 of the last 9 months.

I wouldn’t get too excited though, a discrepancy of 3.5% isn’t very noteworthy comparing a total of 88 sales to 85 last year in September and knowing sales are down overall in Red Deer almost 5% this year. However, you never know what the trend will start.

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Maybe consumer confidence shows some light as we approach a federal election. We are already seeing some mortgage and home buying incentives as the Government realizes the impact fewer mortgages have on the Canadian economy.

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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.