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Hawker-Betts Real Estate Team
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Market Update / Statistics / Featured Listings / 
Narrated Video Tours for Your Listings / What's Happening

Canmore Real Estate Newsletter July 2019   

 

1st HALF OF 2019 CANMORE SALES VOLUME 
4th HIGHEST EVER!!

 
Jan 1st to June 30th 2019 had 296 sales which is the 4th best of all time only trailing 2006 by 1 sale at 297, 2008 was 321 and 2017 was the top 1st half ever at 325. 

In 2005 Canmore had a permanent population of 11,422 with 3,790 non permanent population and 5,147 total dwelling units.
In 2014 Canmore had a permanent population of 13,077 with 3,890 non permanent population and 7,023 total dwelling units.

In 2016 Census Canada did the census and noted that Canmore had a permanent population of 13,992 with 7,963 total dwelling units but our Active listings on July 1st 2005 was 292, July 2015 we had 281 , 2016 258, and July 1st 2019 we had 255 showing that even with the increase in population and number of dwelling units in Canmore the active listing inventory remains within historical averages.   We have seen a pick up in interest in the higher end of our market through June and into July which has been slower, could this a result of a Provincial government change and Pipeline announcement or feeling the momentum that the Calgary market has had recently. Typically the 2nd half of the year trails the 1st half in sales volume by 7-9%.  We are still seeing good strength from local buyers, interest rates have softened a bit helping with affordability marginally plus we are still seeing more baby boomers looking here to call Canmore home either now or the next 2 – 5 years.   Have a great Summer!!
 
In September we will explore the Commercial Real Estate market in the Bow Valley which we will do 3 to 4 times a year going forward.



Alberta’s Manufacturing Sales on the Rise

ATB Financial's Economics & Research Team     July 18, 2019
 

Manufacturing sales in Alberta increased five months in a row to start 2019. Although this does not take into account the effects of inflation, seasonally-adjusted sales in May reached a record of $7 billion, rising by 2.2 per cent compared to April. On a year-over-year basis, sales were up an impressive 11.0 per cent.
 
Nationally, sales were up 1.6 per cent in May and by 3.0 per cent year-over-year. Alberta accounted for 11.9 per cent of Canada’s manufacturing sales in May.
 
The two largest manufacturing sub-sectors in Alberta—petroleum and coal product manufacturing and chemicals—both performed well in May, growing by 3.8 per cent and 7.0 per cent, respectively. Primary metal manufacturing posted the highest monthly increase at 18.7 per cent but was down 2.1 per cent compared to the previous May.
 
Machinery manufacturing (-7.0 per cent), food manufacturing (-1.9 per cent), printing (-1.5 per cent) and wood product manufacturing (-0.6 per cent) were all down in May. Wood product sales were down the most on a year-over-year basis at -25.9 per cent.
 
The overall growth in manufacturing sales is a welcome sign, especially given the lukewarm pace of economic growth forecast for Alberta this year.
 
Source: Statistics Canada Table: 16-10-0048-01
 
atb.com/theowl | ATB Listens
 
Market Statistics
(Click on Image for Full Size Version)
Featured Listings
(Click listing photo for VR Tour, floor plans, and more pictures)
152 Cougar Point Road $838,800
805 Silvertip Heights $2,328,000
 
1016 Lawrence Grassi Ridge $1,065,000
 
102, 150 Stonecreek Rd $1,220,000
 
9, 150 Stonecreek Rd $820,000
 
216 & 218 Muskrat St Banff $2,300,000

 
121,170 Kananaskis Way $548,820 +GST
2109, 101B Stewart Creek Landing $769,500
 
800 Silvertip Heights $3,650,000
 
301, 150 Stonecreek Rd $950,000
 
109, 10 Walker $888,300

 
922 15th Street $974,700
 
205, 150 Stonecreek Rd $1,620,000
 
9, 300 Eagle Terrace Road $824,850
 
808 Silvertip Heights $2,598,300
 
4, 124 Silvertip Ridge $1,098,800
OUR EXTENSIVE NEW MARKETING TOOLS!
    Our new technology allows the buyers to look at floorplans that are tied to many 360
    degree images, so the buyer can fully feel immersed in the home. 
    Along with this, they can actually measure rooms and see how their furniture and
    belongings could be a great fit! 
    Click here or the image above to take a look.

 
              To look at our YouTube Channel Click here.  All of our listings
              have a narrated 
YouTube video to again give the buyers a good
              sense of all that our listings offer. 




Canmore Folk Music Festival 2019

August 3-5


The Canmore Folk Music Festival is the longest running folk music festival in Alberta and one of its finest. Adhering to a philosophy and legacy of folk, world, blues and roots music, the festival since 1978 has attracted up to 21,000 music fans annually from across southern Alberta, western Canada, the northwestern USA and indeed the world.






Charity Car Show


The Rolling Sculpture Car Club will be holding its annual Charity Car Show on Saturday, August 10th, 2019.

All proceeds to support Local, Bow Valley Charity’s.



Source: https://canmorealberta.com/community/events-festivals

Copyright © 2019 Brad Hawker and Drew Betts, All rights reserved.


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Brad Hawker and Drew Betts · 101, 710 10th Street · Canmore, AB - Alberta,CA T1W 0G7 · Canada