Another Slow Start for the Market This Year

According to the Alberta Land Titles Registry, there was one single-family residential sale in January, and one in February. March saw things pick up a little bit. The longer than average "winter", with above average snowfall and colder temperatures, has had a negative effect on the real estate market throughout much of Alberta, a market which already was experiencing a weakening trend. However, with the blips of warmer weather we saw an increase in activity. So, I am hoping that once this crazy weather smartens up we will see a busier marketplace. People are wanting to get outside, make some changes, stretch their legs and do something! The weather has set many projects back a bit, including farming, so when it does dry up enough to move, you can bet that people will be hitting the ground running.