Lethbridge market continues to be carried by most of the sales in the 200,000.00- 400,000.00 range, but sales did increase across all price ranges. In fact the sales for the month of March out performed the 10 year average by 61%. The detached and semi detached markets continue to rise. The row and apartment style are still lagging behind with the row housing remaining balanced. The apartment style is still well within a buyer market.
The total amount of sales across Alberta in March exceeded the 10 year average by 56%. Consumer confidence has returned to the Real Estate Market. All indications support the strong markets are to continue as the first time home buyers appear to be fueling the market. This allows seller to move up the property ladder. With incredibly low interest rates, increased savings and limited options as to where to spend money many people are choosing to invest in real estate!
Here is the link for Michelle Greyson for any questions about real estate purchases: