Canmore Market Updates

Canmore Market Update - April 2024

Posted on May 13, 2024 in Canmore Market Updates

The Canmore market is maintaining a steady pace as we move through the beginning of the 
Spring market.

We've observed a slight increase in inventory, rising from 131 properties for sale to 141, marking an 8% uptick year over year. A welcomed statistic in our relatively small market, where the usually busy Spring market has felt sluggish. However, sal...

Read More

Canmore Market Update - March 2024

Posted on Apr 07, 2024 in Canmore Market Updates

The Spring market is upon us and a shortage of inventory remains an issue.

In a year-over-year comparison, the detached benchmark price increased by 14% to reach $1,525,800, while townhouse prices experienced a more moderate increase of 9%. A notable decrease in inventory and new listings, 8% and 7% respectively, contributed to a 25% reduction in th...

Read More

Canmore Market Update March 2023

Posted on Mar 15, 2023 in Canmore Market Updates

Confidence in the Real Estate Market Continues

The Canmore real estate market remains highly sought after, with inventory continuing to be lower than historical standards. This has prevented a significant adjustment in prices since the Pandemic highs, maintaining a competitive market for buyers.

Recent data from the Calgary Real Estate Board (CREB) s...

Read More