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Setting a Higher Standard


From large multifamily developments to custom homes and renovations, NewRock is committed to delivering the highest possible standard of care and quality in every home. Combined with a focus on affordability, we are proud to offer attainable, luxurious living. Working with local trades and the best materials, our experienced development team is here to make stepping into your dream home a reality.

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12 hours ago
NewRock Developments

We're moving right along over at Southlands Park in Medicine Hat! Stop by 401 Southlands Blvd. SE to see the progress we've been making or call Wendy at 403.458.0193 to book a tour of our showhome. ... See MoreSee Less

Phases 1 - 4 at Ridgewood Landing in Prince George are now completely sold-out! With Phase 5 coming this summer, don't miss your chance to own one of these exceptional bungalow condos. Call Sandra anytime at 250.617.6844 to learn more or to book your tour of our showhome! ... See MoreSee Less

Home sales in Medicine Hat are off to the best start in over a decade! Check out this post from the Invest Medicine Hat team to learn more.Following a 330% surge in April, Medicine Hat home sales increased 128% in May, according to the Medicine Hat Real Estate Board. With year-to-date sales of 622, 2021 marks the best start to the year in over a decade.

The average residential price rose 9.5% year-over-year to $314,806. In spite of the jump, Medicine Hat remains as one of Alberta’s most affordable communities; province-wide, the average residential price is $442,808.

All segments of the market experienced price gains in May. Year-over-year, the average row price surged 30% to $201,656, the average apartment price jumped 24% to $184,474, the average semi-detached price increased 23% to $328,333, and the average detached price trended 9% higher to $336,983.

On the supply side, although new listings surged 32%, the gains were not enough to offset record low inventory. Year-over-year, months of supply has decreased 70% to 1.82 months.

Persistent low levels of supply, record low interest rates, and increased personal savings rates are likely contributors a strong seller’s market. As Alberta prepares to lift all pandemic restrictions, buyers are confident in Medicine Hat’s regional economy buoyed by improved employment prospects in oil and gas, renewable energy, agriculture and other sectors of the economy.
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Home sales in Medicine Hat are off to the best start in over a decade! Check out this post from the Invest Medicine Hat team to learn more.