RE/MAX Blackfalds Market Update, April 15, 2015
Blackfalds Market Update – April sales in Blackfalds are off to a slower start while the number of active listings continues to climb. There is no doubt that the very strong spec building activity in Blackfalds over the past year is the main contributing factor to high inventories. Every market makes someone happy and this one is a buyer’s dream, especially when combined with very low mortgage rates.
There are markets inside every market. Supply and demand can favour buyers at one price range and sellers at another. In most central Alberta markets right now, sales are strong in the starter and move-up markets while things are slower in the higher price ranges.