October real estate sales are in line with last year

October real estate sales in line with last year but yearly totals still lag

Central Alberta real estate sales in October were in line with last year.

Central Alberta Realtors Association reported 335 sales last month, only one off from a year ago.

For most of the year in Central Alberta, monthly sales have significantly trailed the same month a year earlier.

Sales for the year remain down 14.8 per cent from the same 10 months last year, with 3,245 home sales this year.

There were 615 new listings on the association’s Multiple Listing Service (MLS) last month, down 7.1 per cent from a year ago. That puts the number of active residential listings at 2,968, up 13.8 per cent from a year ago.

At the end of last month, there were 8.9 months of inventory, up from 7.8 months last year. The inventory estimates the number of months it would take to sell the current stock at current sales rates.

The dollar value of home sales in October was $102.9 million, up 2.8 per cent from a year ago.

Just Posted

High volume of Cherry complaints has CBSC at limit of processing capacity

TORONTO — The Canadian Broadcasting Standards Council has been so overloaded with… Continue reading

Sportsnet cuts ties with Cherry in aftermath of poppy controversy

TORONTO — Brash, outspoken, opinionated — longtime hockey broadcaster Don Cherry was… Continue reading

Red Deer residents honour veterans in great numbers

Our soldiers paid the ultimate price to give us peace and freedom.… Continue reading

Canadians to mark Remembrance Day this morning

OTTAWA — Canadians will gather at cenotaphs and monuments across the country… Continue reading

Canada supports genocide case against Myanmar at International Court of Justice

OTTAWA — Canada is supporting a genocide lawsuit against the Myanmar government… Continue reading

Your community calendar

Wednesday Pain 101 class — learn to take control of your chronic… Continue reading

Opinion: Kenney plainly explains why Alberta deserves a fairer deal

By David Marsden It had been expected that Premier Jason Kenney would… Continue reading

Sportsnet cuts ties with Don Cherry in aftermath of poppy controversy

TORONTO — Sportsnet has cut ties with “Hockey Night in Canada” broadcaster… Continue reading

Stampeders mourn loss of chance to repeat as Grey Cup champs on home turf

CALGARY — The Calgary Stampeders’ season was short by their own standards.… Continue reading

High volume of Cherry complaints has CBSC at limit of processing capacity

TORONTO — The Canadian Broadcasting Standards Council has been so overloaded with… Continue reading

Sportsnet cuts ties with Cherry in aftermath of poppy controversy

TORONTO — Brash, outspoken, opinionated — longtime hockey broadcaster Don Cherry was… Continue reading

A Whole New World: Disney streaming debuts with hit brands

NEW YORK — Disney will sprinkle its pixie dust on the streaming… Continue reading

Safety officials probing records of work on Southwest jets

DALLAS — Southwest Airlines says it will speed up inspections of dozens… Continue reading

Most Read