Found 2 blog entries tagged as Pandemic.

What exactly is a seller's market? It is simply when the number of available properties for sale is drastically lower than the number of buyers looking for a home. As you can imagine, this situation can lead to buyers fighting over one particular property and ultimately driving up the prices.

Like me, you may be wondering what is causing the seller's market this spring. Below are some of my musings and it mostly has to do with more buyer's in the market!

  • The spring in general always brings out more buyers
  • You may remember putting off your fence or deck project last summer due to the seemingly insane price of lumber at your local building centre. Builders were also feeling the squeeze and the number of new housing starts last spring reduced…

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Alberta Retailers Lost Ground In August

   ATB Economics | October 22, 2020

 

After three months of growth, seasonally adjusted retail sales in Alberta fell by 1.6 per cent ($111.1 million) in August. Sales were down by 0.6 per cent ($39.7 million) compared to the previous August.

Nationally, sales edged up by 0.4 per cent ($192.1 million) with year-over-year sales up by 3.5 per cent ($1.8 billion).

Alberta was the only province with retail sales in August below where they were 12 months earlier.

Sales in the province over the first eight months of the year were 6.4 per cent lower than over the same period last year, leaving a $3.4…

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