What happened in the Canmore real estate market in February?
In what is turning out to be a somewhat slow start to 2018, February was a quiet month for real estate sales compared to January which, saw average action in the market. In a typical year the average number of property sales in February is around 28 - this year however, only 16 homes changed hands. At the time of writing this article, there were a mere 122 residential properties actively for sale in a town that is already starving for real estate inventory. The old-timers I share an office with at Century 21 Nordic tell stories of their "glory days" when there may have been as many as 600 properties for sale at any given time in town. Well folks, those days are long gone!
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