LETHBRIDGE: The President of the Lethbridge and District Real Estate Association expects this year's home
sales to be on-par with last year in the city.
According to John Bekkering, first quarter home sales are down just four per
cent from the same time last year. That equates to 314 residential home sales in
the city, compared to 316 during the first quarter last year.
Bekkering notes there is also a more even supply of homes on the market after
a six per cent drop in inventory. This may bode well for future sales activity,
as whenever there is a larger supply of homes sporting "for sale" signs, buyers
tend to take a longer time making their choices.
Home sales had more of a slump when outlying areas are included in the
The Lethbridge and District Association of Realtors covers a 60 to 90 mile
radius around Lethbridge. That means the MLS district includes not only the city
but the Counties of Lethbridge, Cardston and Warner, as well as the M.D's of
Taber, Willow Creek, Pincher Creek and the Municipality of the Crowsnest Pass.
Total home sales for this region dropped from 504 in the first three-months of
last year, to 362 in the first quarter of this year.
The usual trend is that real estate sales activity picks up with warmer
weather and through the summer months.