Image of hand holding magnifying glass over newspaper with small house cutouts sticking up with inserted text reading September 2017 Canmore real estate market report

What happened in the Canmore Real Estate Market in September 2017?

The trend that is developing, yet again, this past month is a slight cooling in sales from the 2016 numbers.  But does this mean that the Canmore real estate market is now experiencing a downturn? Not quite! On the contrary, this seems to be indicating more of a return to 2014-2015 levels. This implies that 2016 was, in fact, a unique “micro-bubble” year. 

Another trend that is starting to develop is the movement away from single-family dwellings and towards Canmore condos and, in particular, townhouses.  A good explanation for this is that land availability has long been an issue in the Bow Valley, and townhouses – especially new townhouse developments in Three Sister's…

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