More optimism

Canmore2

Real estate activity in the beautiful mountain town of Canmore is on the upswing

Real estate activity in Canmore is very dependent upon the state of the economy in Calgary. When Calgarians have spare cash, they look for holiday homes in the mountains. As reported in the Canmore Leader, a couple recent events spell optimism for Canmore and Calgary.

  • March and April were the two busiest months in the local Canmore real estate market since 2007.
  • As of the end of April, the Town of Canmore had issued permits for just over $19.6 million in new construction for 2013. That’s more than double the value of permits issued for the first four months of 2012, when the town’s building permit total only hit $7.1 million from January to April, and only $27.3 million for the entire year.

Read more Building activity on the way up

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