January 30, 2023 – February 5, 2023
248 Active Listings
6 ✅ SOLD
The average price is around $292,833, taking 151 Days on the Market until SOLD.
“It was a week of big important numbers. The most important one: 0.25%. That’s how much Fed Chair Jerome Powell raised interest rates — the smallest jump since we can remember. But what drove a 2021-style melt-up in stocks was what Powell signaled afterward: that we may be nearing the end of interest-rate hikes. The second important number was 517,000 — the U.S.’s very strong January jobs growth. But in our bizarro world where good employment news is bad for markets (because it could spell more rate hikes) that was a drag on stocks. Who won the week? The ralliers.
40% is the number this week. The drop in the number of home sales in Calgary in 2022. New listings in the city are at the lowest level in about 25 years.” WS.
Are you interested to know how much your home is worth? I would be happy to discuss your Real Estate Needs.
RE/MAX of Lloydminster