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Originally Posted by looooob
this wouldn't surprise me in the least...although does some of this fall into historical summer time trends?
my understanding is that its quite usual to see inventory up and prices flattish? in the summer?
I can' t imagine the previous insanity of the last 6 months could continue much longer...however as they said in the Herald today, if you are looking to buy, don't count on prices all of a sudden going down
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I was talking to a realtor this morning and he said we're going into a traditionally slow time.. Some of that inventory coming on is people deciding to try and cash in on the market. In Chestermere there are quite a few fishers, people who are listing their house for crazy amounts not really wanting to sell but just seeing if someone is silly enough to buy it.
But yeah, we're finally getting to reasonable numbers (2200 listings), though 4-5000 used to be the norm I think.