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June 03, 2019

Canmore: a housing market bright spot

Pepper Rodriguez

News Photo

The beautiful mountain resort town of Canmore provided a bright spot in the otherwise slow housing market with an 11 per cent rise in total residential sales for the first quarter of 2019.

Condos and townhomes comprise 70 per cent of active listings in Canmore and are leading the way, according to Ross Jansen, sales director for Spring Creek, Canmore, who tracks local sales statistics for the town just west of Calgary.

“Spring Creek is the preferred address in Canmore. From 2013 right to now in 2019, sales for our condos and townhomes have been consistent, says Jansen, “We have seen steady price growth for our new lodges and resale homes in Spring Creek are keeping pace.”

The trend is continuing as sales statistics released at the end of April from the Calgary Real Estate Board, (CREB) shows that year to date sales in the Bighorn region which includes Canmore, Exshaw, Ghost Lake, Harvey Heights, increased by 9.7 percent from April last year.

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