Market Update
January 1st – June 30th
Interest rates and inflation have been hot topics this year and rightfully so. Both factors have a direct impact on how affordable your lifestyle is, which in turn affects the local real estate market. When the cost of living goes up people are less likely to make big life changes – like buying a different house. However, even with higher interest and inflation rates the Pembina Valley continues to have a strong market.
The local real estate market is constantly changing due to a variety of factors. If you have any questions on how this information pertains to your situation, please contact your Realtor for more details!
Stats are provided by the MLS (Multiple Listing Service).
If you have any questions on how this information pertains to your situation, please contact your Realtor for more details!
