Months before 2014 came to a close, Albertans watched oil prices begin to tumble rapidly. While our province is far from a one-trick pony, oil is a BIG DEAL to our economy. Lethbridge may be somewhat insulated from oil market volatility, but we are indeed tied to the broader economy at large (think economic spin-off and government spending). Many still disagree on whether we’re headed into long term recession or are simply in for a bumpy 2015.
So … how did Lethbridge real estate fare in 2014 and where might we be headed?
Is it a Buyer’s Market or Seller’s Market? What’s “hot” in Lethbridge? Did prices go up or down? How many days on market for single-family homes? I’ve answered all these questions and more in the video below. After you watch the vid, you can review the entire infographic at the bottom of this page.
And of course, you know where to find me if you have questions about your own position in the Lethbridge market…