Rising prices, shifting trends and what to expect in 2025
As we move into 2025, Canmore’s market remains strong, driven by its stunning location, lifestyle appeal, and steady demand. With interest rates expected to decline further, and new policies aimed at making homeownership more accessible, both buyers and sellers have new opportunities on the h...
Cochrane's robust real estate market, characterized by high demand, limited inventory, and rising property values continues.
Cochrane’s real estate market is kicking off 2025 much like last year, still tight on inventory, but full of demand. In 2024, the sales-to-new-listings ratio averaged 75%, meaning that three out of every four new listings res...
Cochrane Year to Date Sales 6% higher than last year and Benchmark Price 9% higher
Over the past few months, despite a slowdown in sales, year-to-date figures remain nearly 6% higher than this time last year. However, like many other regions, Cochrane has seen an increase in new listings. With 174 units on the market and 58 sales in September, the...
The Canmore real estate market saw continued activity in September, but an increase in new listings has begun to balance out market conditions. The pace of year-to-date sales has slowed, approximately 6%, since this time last year and compared to the earlier months this year. Sales-to-new listings ratio settl...
Tight conditions persist in the Cochrane market causing further gains in prices.
Prices rose across all property types in April, with the detached residential benchmark price reaching $663,500, one per cent higher than last month and nearly 11% higher than April 2023.
Sales are down 21% compared to last April contributing to the sense of a sluggish S...
The Canmore market is maintaining a steady pace as we move through the beginning of the
Spring market.
We've observed a slight increase in inventory, rising from 131 properties for sale to 141, marking an 8% uptick year over year. A welcomed statistic in our relatively small market, where the usually busy Spring market has felt sluggish. However, sal...
