Homes Sold See Major Decrease Year Over Year

Latest Fort McMurray News, find out what's happening in Fort Mac

Homes Sold See Major Decrease Year Over Year

The number of homes is decreasing for the first time in three months.

According to the Fort McMurray REALTORS May report, 49 properties were bought – up from the 53 in April.

This number is down quite a bit from the 69 last May.

The Realtors note single-family detached homes weren’t a popular choice, however, apartment and lot sales saw a significate increase.

“New listings are down from this time last year resulting in lower inventory levels which will continue to help stabilize our market,” the report read.

Each property sold for an average of $$561,955 down from 2017 and last month.
Fort McMurray News
Posts: 18119
Joined: Wed May 04, 2011 2:30 am
Location: Fort McMurray, Alberta, Canada

Sponsored links

Advertise in Fort McMurray
Location: Alberta, Canada

Return to Fort McMurray News


  • Related topics
    Last post

Who is online

Users browsing this forum: No registered users and 13 guests