Near Record Month for Real Estate in Canmore and Banff

THINK OUTSIDE THE BOX:  The slowing economy in Alberta doesn’t mean all communities are experiencing a downturn in their real estate markets.

Beautiful weather and close to a record month for sales, this has been a great spring in the Bow Valley. The market has been very active as we see a lot of movement within the market and buyers from outside of the Bow Valley. To date, we have not encountered any distressed sales as a result of the slowing economy in the rest of Alberta.

Banff and Canmore continued to be isolated from the headwinds other parts of our province are feeling.

May is already shaping up to be another good month for sales and we are not seeing any significant increase in inventory. We expect to see steady sales throughout the late spring and summer. Most likely not the volumes we saw in April, but certainly better than 2015.   Click here to read more.

Canmore & Banff Real Estate      Dubois Vincent & Wright      May 10, 2016

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