December 2021 Real Estate Market Update
Posted by Corey Sylvester on
Edmonton Real Estate Market Update December 2021
Well, here we are in early December, when the real estate market it typically heading into hibernation for the holidays, but not this year. For December, the market remains fairly active compared to your more typical year. So what gives? What is causing this continued activity?
There are a couple things that I see driving this activity. I'll explain them below in a bit more detail.
1) Interest Rates - I feel this is probably the biggest reason why we are seeing a bit more activity than normal for this time of year. Over the last year, we have witnessed some of the lowest interest rates we have seen. Currently, they sit somewhere in the mid 2%'s, give or take depending on the person, and…
556 Views, 0 Comments