RE:RE:RE:RE:RE:Take over soon...I live in Red Deer and in the market for a new house. I just got an appraisal done on mine and while the market has dropped since 2014 it hasn't dropped 40 percent. My house is coming in at around 10-12 percent less than 2013-2014. I watch the housing market pretty closely and a 600k house is definitely not selling for 360k. Although I wouldn't complain. I don't work in oil and gas so other than investments it doesn't affect me at all.