2020 Year End Market Report
Posted by Ben Maize on
2020 Canmore Real Estate Year-in-Review
Not much more can be said about 2020 so the purpose of this blog post is to discuss real estate trends in Canmore from the past year while trying to disconnect a bit from the reasons why it played out the way it did. Looking back at the 2019 Year-in-Review, our prediction for 2020 was that the market would keep moving away from a seller's market and more towards balanced market conditions that didn't favour the buyer or seller. As the year progressed that actually turned out largely to be the case. Despite all of the outside "noise", buyers and sellers found they were on equal ground and there may have even been a bit of downward pressure on prices. There was a buildup of inventory prior to the summer and then…
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