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James Wruth Regina Real Estate Trends October 2022

James Wruth Regina Real Estate Trends October 2022

Greetings Friends,

I am pleased to be able to share my 2022 October Regina Real Estate Market Report! 


OCTOBER 2022 Monthly Housing Market Trends Report



How Does This Compare to National Data? 

 

RE/MAX brokers and agents are anticipating the national average residential sale price in the Canadian housing market to decline 2.2 per cent in the final months of the year (September-December), according to RE/MAX’s 2022 Fall Canadian Housing Market Outlook Report. This market moderation comes on the heels of rising interest rates, record-high inflation and broader global and economic uncertainties that have impacted consumer confidence and market activity. Bucking the downward trend, seven out of 30 Canadian housing markets analyzed are likely to experience modest price appreciation between 1.5 and seven per cent. Meanwhile, RE/MAX brokers and agents expect a decline in sales this fall, in 18 out of 30 markets surveyed.

 

 

I believe in personalized one-on-one service to fully understand you, and your real estate goals and I commit to being 100% accountable to you. I want to bring value before, during and after the sale of your home!  If you are looking for a real estate agent who works tirelessly on your behalf and always offers honest and candid advice, please contact me today! 





 


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