Canmore Real Estate Market Update January 2012

We have experienced some unusual market activity over the past 4 years and 2011 didn’t disappoint us with more interesting and unusal market activity. Please take a moment to view the video below for the latest in sales volume, average sale prices and the activity in different segments of the market. Please feel free to contact your RE/MAX Alpine Realty agent at www.alpinerealty.ca  or 403-678-5890 Happy New Year!

20th Annual RE/MAX Skate with Santa

Here is a quick update to this post, with a short video of the event!

We are proud to have started and maintained this annual tradition for 2 decades now. The RE/MAX Skate with Santa is a fund raiser for the Christmas Spirit Campaign, by way of a skating party on the pond. 

Santa makes an appearance each year to hear the kids wish list and sends them off with a candy cane and a photo from Banff Photography. The Canmore Eagles hockey team and mascot are always present to liven things up on the ice. Our local radio station Mountain FM ensures lively music, and many local businesses such as Starbucks, Panago Pizza, Quantus Mortgage Solutions and Ambler hats are all on site donating their time and wares to raise money and make this event a festive evening. 

Other loyal sponsors ensure we have funds or product to run the event such as Sobeys, Atco Gas, Cansign, Alpine Precision Tree Service, Alpine Insurance, Town of Canmore and of course, Santa Clause

This event has become a staple of holiday cheer in Canmore, with an average turn out of about 800 people over the 3 hours.

Please bring lots of non-perishable food items, cash donations and your skates to make this a festive holiday, for everyone! 

Check out last years!

Canmore Market Update September 2011

Canmore is a unique real estate market and does not follow the patterns of the major cities in Canada. Canmore is largely a recreational market, with a large number of transactions being the purchase or sale of vacation homes.

When the recession hit in 2008, most of the major city markets in Canada corrected in prices, stabilized and started to rebound within the first year. Canmore hadn’t even started to correct in pricing at the end of the first year of the recession. It took much longer to start correcting and has taken a even longer time to finish correcting! Where Vancouver and Richmond, BC, Calgary and Toronto had all experienced buoyant real estate markets at times in the past few years, the recreational markets, including Canmore were still trying to find their balance, to keep both buyers and sellers at a happy price point.
Here is an overview of where we are at in Canmore, in September 2011.