Red Deer Market Update June 24/10
|
Market Update to June 24/10 Red Deer |
||||||
|
Price Range |
All Active |
Pending |
Active 1 Year Ago |
Sold MTD June 17/10 |
Sold MTD June 24/10 |
Sold MTD June 24/09 |
|
< 100 |
17 |
3 |
23 |
2 |
4 |
4 |
|
100 – 150 |
52 |
2 |
27 |
4 |
7 |
8 |
|
150 – 200 |
77 |
4 |
66 |
7 |
9 |
10 |
|
200 – 250 |
96 |
8 |
100 |
16 |
20 |
35 |
|
250 – 300 |
150 |
4 |
95 |
16 |
23 |
49 |
|
300 – 325 |
83 |
1 |
46 |
6 |
8 |
18 |
|
325 – 350 |
75 |
5 |
55 |
4 |
6 |
14 |
|
350 – 375 |
45 |
1 |
34 |
3 |
3 |
11 |
|
375 – 400 |
47 |
1 |
35 |
4 |
6 |
9 |
|
400 – 450 |
63 |
2 |
45 |
4 |
8 |
14 |
|
450 – 500 |
41 |
1 |
24 |
5 |
7 |
6 |
|
500+ |
78 |
5 |
58 |
4 |
5 |
4 |
|
Total |
824 |
37 |
608 |
75 |
106 |
182 |
|
Avg. Price |
$331,183. |
$322,674. |
$290,602. |
$289,783. |
$292,170. |
|
|
Days On Market |
47 |
48 |
49 |
54 |
46 |
|
Last week we said that in order to see a change in our housing market, we need population growth. In order to have population growth we need jobs and the place we’re currently lacking jobs is the energy sector. According to this news article, the jobs will soon appear.
Energy sector short 24,000 workers by 2014 – By: Lauren Krugel – Winnipeg Free Press
CALGARY — Energy firms should build talent within their own ranks before the next labour crunch hits rather than look outside when they’re in the midst of a shortage, a human resources consultant said in a report Monday.
Many in Alberta’s oilpatch adopted a “buy talent” strategy during the boom times between 2006 and 2007, scrambling to fill jobs with workers from across Canada and abroad. Salaries and wages spiralled out of control as energy firms vied against one another for labour.
“I think if you talk to HR executives in the energy sector, they’ll tell you they don’t want to go back to that,” said Stephen Doitte, Mercer’s talent management consulting leader for Canada.
Assuming employment demand grows by four per cent annually, Mercer predicts the energy sector will be short some 24,000 workers by 2014.
The survey of 135 oil, natural gas and utility companies included permanent jobs across all job types, from tradespeople to engineers.
A study by the Petroleum Human Resources Council of Canada found the sector would need 100,000 workers by 2020 to support oil and gas activity.
Demographics are not working in the energy sector’s favour, Mercer said. The bulk of the workforce consists of baby boomers, many of whom are nearing retirement. Another large chunk includes workers in their 20s and early 30s, known as Gen Y.
“The energy and resources sector in Canada basically skipped a generation,” Diotte said. “As the baby boomers retire, there’s a big gap in knowledge and skill and experience between those that are leaving and the ones that are coming in behind.”
That means companies should tailor their programs to suit the needs of each group, rather than adopting a one-size-fits-all approach. — The Canadian Press
