Canmore: A Safe Haven In A Sea Of Rising Interest Rates
Posted by Alex Kocian on
The housing crisis across the nation keeps making headlines but few are talking about the safe haven that is Canmore. As seen in previous times of rising rates, real estate in Canmore holds steady when the economy ebbs and flows. Why? Because buyers here are seeking something different – and Canmore delivers. Let’s take a closer look at why buying in Canmore is a smart choice when interest and inflation rise.
Not Your Typical City
Major cities in Canada are designed to draw and hold a young and active working crowd. They are full of developments with starter homes, duplexes and single family dwellings. These developments are close to major commuter routes, big box retail complexes and grocery stores. The whole idea is to be convenient for work,…
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Have you been thinking about listing your home in Canmore or the Bow Valley? It’s officially a seller’s market and that means now is the perfect time to list. Due to the pandemic, many people either stepped up their retirement plans or transitioned to working from home. Without the need to remain in a city centre for work, desirable locations like Canmore were suddenly in hot demand. Living in Canmore full time was no longer a dream – it quickly became reality! As a result, the market is moving fast.