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Market Update - May 2017

(May 08, 2017, posted in Market Updates)

RED DEER

It feels like the spring market in Red Deer, like the weather, still hasn't arrived. The percentage drop in year over year sales at 15.3% is not what most people would have expected this year so far, but we aren't surprised because we know that a recovery in the real estate market always lags behind an economic recovery by a year or so. In spite of the year over year decline in sales, the... read more.