Real Estate

Red Deer house sales have slipped from last January, but a local realtor is optimistic about the rest of 2023. (Advocate file photo from The Canadian Press)

Rising interest rates only part of what’s impacting Central Alberta’s real estate market

A low supply of homes is a bigger factor, says local realtor

 

Liberty Landing’s developer Lamont is celebrating their 30th Anniversary this year, and to celebrate they’re giving away over 30,000 AIR MILES® Reward MilesTM!

Make your home in Gasoline Alley — the perfect place to enjoy an Alberta winter!

At Liberty Landing in Red Deer, everything you need is at your…

  • Nov 21, 2022

 

October real estate statistics are out for Red Deer and central Alberta. (THE CANADIAN PRESS/Cole Burston)

Real estate sales increase almost seven per cent in Red Deer in October

Higher density properties led the way in sales

 

With so many options, Liberty Landing is one of the best new home communities to call home.

Award-winning Liberty Landing community offers choice and is giving away big rewards

Choice comes in many forms when you live at Liberty Landing. The…

  • Oct 17, 2022
With so many options, Liberty Landing is one of the best new home communities to call home.
Total residential sales last month in Red Deer dropped three per cent compared to the same month in 2021, but most cities in Alberta saw an even bigger decline. (THE CANADIAN PRESS/Cole Burston)

Demand for apartment condos jumps over 100 per cent in Red Deer compared to last August

Average residential sale price at $338,850

Total residential sales last month in Red Deer dropped three per cent compared to the same month in 2021, but most cities in Alberta saw an even bigger decline. (THE CANADIAN PRESS/Cole Burston)
Lamont Land is celebrating 30 years!

Alberta developer celebrating a BIG anniversary and giving back!

Lamont Land, developer of the award-winning community Liberty Landing in Red Deer,…

  • Sep 12, 2022
Lamont Land is celebrating 30 years!
July real estate numbers have been released. (File photo by Advocate staff)

Growth in home sales for Red Deer surpasses all Alberta cities in July

Sales for July compared to same month in 2021

July real estate numbers have been released. (File photo by Advocate staff)
The Canadian Real Estate Association says home sales fell for the fifth consecutive month between June and July but this month’s drop was the smallest of the five. A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Canadian home sales fall for fifth month in a row, down 29% from last July: CREA

Much of the cooldown attributed to increasing interest rates

The Canadian Real Estate Association says home sales fell for the fifth consecutive month between June and July but this month’s drop was the smallest of the five. A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick
Red Deer is the most affordable place to buy a house in Canada, states a recent report by Re/Max. (File photo by The Canadian Press)

Red Deer is No. 1 for housing affordability in the country, according to Re/Max report

Housing prices here have simply not skyrocketed like elsewhere in Canada: Realtor

Red Deer is the most affordable place to buy a house in Canada, states a recent report by Re/Max. (File photo by The Canadian Press)
The award-winning, master-planned community of Liberty Landing from Lamont Land is also committed to the greater community across Central Alberta.

Building community, connection, and giving back to Central Alberta!

Liberty Landing is proud to support Central Alberta Victim Witness Support Services campaign

  • Jul 18, 2022
The award-winning, master-planned community of Liberty Landing from Lamont Land is also committed to the greater community across Central Alberta.
Liberty Landing

Strong roots support sustainable living. It starts at Liberty Landing!

3 ways green living is easy in Gasoline Alley

  • Jun 27, 2022
Liberty Landing
Now that banks’ mortgage rates have increased to four and five per cent to counter rising inflation, this region’s more affordable house prices are proving to be a boon for homeowners, as well as buyers, says Larrissa Kalyn, chair of the Central Alberta Realtors Association. (THE CANADIAN PRESS/ Jonathan Hayward)

Higher mortage rates create relatively less stress for central Alberta homeowners, says realtor

Lower home prices in the region pay-off now that interest rates are rising, says Larrissa Kalyn

Now that banks’ mortgage rates have increased to four and five per cent to counter rising inflation, this region’s more affordable house prices are proving to be a boon for homeowners, as well as buyers, says Larrissa Kalyn, chair of the Central Alberta Realtors Association. (THE CANADIAN PRESS/ Jonathan Hayward)
Lamont Land’s complete new home community Liberty Landing earned the top spot in the 2021 Building Industry and Land Development Association (BILD) Community development category! Visit libertylanding.ca to find your dream home.

Life at your fingertips! Gasoline Alley homes offer freedom to choose your own adventure

At the Gasoline Alley community of Liberty Landing, liberty is more than…

  • Jun 6, 2022
Lamont Land’s complete new home community Liberty Landing earned the top spot in the 2021 Building Industry and Land Development Association (BILD) Community development category! Visit libertylanding.ca to find your dream home.
A Saanich home listing is attracting a lot of attention on social media after being featured in a TikTok video. (Courtesy Realtor.ca)

B.C. home featured in ‘creepy’ real estate listings with TikTok video goes viral

Listed for almost $800,000, a sale is pending on the Gordon Head home

A Saanich home listing is attracting a lot of attention on social media after being featured in a TikTok video. (Courtesy Realtor.ca)
A real estate sale sign is shown in a west-end Toronto neighbourhood Saturday, March 7, 2020. A wave of buyer’s remorse is taking shape in several heated real estate markets, after housing prices started dropping and the number of sales slowed over the last two months. THE CANADIAN PRESS/Graeme Roy

Worry, buyer’s remorse high as real estate market slowdown materializes

Country experienced a 25.7 per cent drop in the number of homes sold over the last year

A real estate sale sign is shown in a west-end Toronto neighbourhood Saturday, March 7, 2020. A wave of buyer’s remorse is taking shape in several heated real estate markets, after housing prices started dropping and the number of sales slowed over the last two months. THE CANADIAN PRESS/Graeme Roy
Houses for sale in a new subdivision in Airdrie, Alta., Friday, Jan. 28, 2022. The Canadian Real Estate Association says the pace of home sales fell in April as mortgage rates moved higher. THE CANADIAN PRESS/Jeff McIntosh

CREA reports home sales down in April as mortgage rates rise

Number of homes sold dropped by 25.7 per cent to 54,894 last month from 73,907 in April 2021

Houses for sale in a new subdivision in Airdrie, Alta., Friday, Jan. 28, 2022. The Canadian Real Estate Association says the pace of home sales fell in April as mortgage rates moved higher. THE CANADIAN PRESS/Jeff McIntosh
A tradesperson works on a balcony at a condo tower under construction, in Burnaby, B.C., on Wednesday, March 2, 2022. The British Columbia Real Estate Association says the sharp increase in mortgage rates is pushing the province's home sales down "a path to normalizing," although it estimates a balanced market is at least a year away. THE CANADIAN PRESS/Darryl Dyck

Higher interest rates push homes sales in B.C. back toward normal: association

British Columbia Real Estate Association estimates a balanced market is at least a year away

A tradesperson works on a balcony at a condo tower under construction, in Burnaby, B.C., on Wednesday, March 2, 2022. The British Columbia Real Estate Association says the sharp increase in mortgage rates is pushing the province's home sales down "a path to normalizing," although it estimates a balanced market is at least a year away. THE CANADIAN PRESS/Darryl Dyck
A for sale sign is displayed in front of a house in the Riverdale area of Toronto on Wednesday, Sept. 29, 2021. Brokers say prospective buyers who have grown tired of going up against dozens of competitors to snag a home are starting to get some relief from the frenzy seen earlier this year in many markets. THE CANADIAN PRESS/Evan Buhler

Fewer home bids easing competition for some, but prices still high: brokers

Toronto, Vancouver and Montreal brokers say plenty of properties are seeing fewer offers

A for sale sign is displayed in front of a house in the Riverdale area of Toronto on Wednesday, Sept. 29, 2021. Brokers say prospective buyers who have grown tired of going up against dozens of competitors to snag a home are starting to get some relief from the frenzy seen earlier this year in many markets. THE CANADIAN PRESS/Evan Buhler
Home sales activity in Red Deer neared record highs in April, with a 14 per cent increase year-over-year. (Advocate file photo)

Red Deer home sales fall just short of April record

Sales were up 6.3% in April, 14% year-over-year

Home sales activity in Red Deer neared record highs in April, with a 14 per cent increase year-over-year. (Advocate file photo)
Homes are pictured in Vancouver, Tuesday, Apr 16, 2019. THE CANADIAN PRESS/Jonathan Hayward

Real Estate Board of Greater Vancouver says April home sales down

April sales were 1.5 per cent above the 10-year sales average for the month

Homes are pictured in Vancouver, Tuesday, Apr 16, 2019. THE CANADIAN PRESS/Jonathan Hayward