real estate fort mcmurray - March 2020

MARCH 2020 STATISTICS RELEASE
Statistics include Fort McMurray and surrounding area

We are in unprecedented times. Real estate has been deemed an essential service by the Provincial
Government of Alberta. This doesn’t mean it is business as usual. All Brokerages have put safety
measures in place to make it safe for showings to continue.

We are asking the public to be intentional with showings. To buyers: Please be sure your pre-approval is
in place before you view any homes. Sellers are making sure their homes are safe for you. Follow all of
the precautions outlined by sellers.

Even though public open houses have been cancelled, recently CREA released a new feature on Realtor.ca that allows for virtual open houses. A great way to stay at home and preview a property.

For further safety measures, Home Inspectors now have board access to lock boxes. During the home
inspection clients may be asked not to attend in order to reduce the risk to the parties involved.

As in May 2016 after the Wildfires hit Fort McMurray there was a drastic change in the market. Numbers
will be skewed over the next several weeks until we are through this current world crisis. Homes are still
selling and being viewed with lots of precautions.

Thank you in advance to buyers and sellers for patience during this time. On behalf of all of the Real
Estate Professionals serving Fort McMurray we are working hard to keep you safe! Thank you to all of
the front-line works making us #FortMacStrong. We encourage you to shop locally as much as you can.
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Complete statistics are posted monthly on our website www.fmreb.com.

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