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CANMORE & BANFF EVENTS & RESOURCES

Visit the Banff Gondola for an immersive light and sound experience! Catch curling action at the World Deaf Curling Championships in Banff! Be sure to check out our local ski hills as they are hosting numerous events throughout the ski season. Canmore and Banff events, performances, exhibitions, screenings, and more are taking place in various forms including online and in person with safety protocols. Click on the Canmore and Banff organizations or events below for details.

Town of Canmore COVID-19 Information & Resources

Canmore Webcams

The Men of the Mountains Choir Concert with The Valley Winds Big Band
April 2

Canmore Eagles

artsPlace
Movies, exhibitions, classes, workshops, and more.

Canmore Museum

Bow Valley Primary Care Network
Exercise, parenting, nutrition, sleep, pain management, mental health classes, and more.

Town of Banff COVID-19 Information & Resources

Banff and Lake Louise Webcams

Banff and Lake Louise Virtual 360 Tours

Banff Gondola Nightrise
December 2 – April 10

World Deaf Curling Championships 2022
March 12 – 26

Banff Sunshine Village Ski & Snowboard Resort

Lake Louise Ski Resort

Mt. Norquay Ski Resort

Banff Centre
Events, exhibitions, screenings, classes, and more.

Whyte Museum

REAL ESTATE MARKET UPDATE

Low inventory, high demand, record sales and sales volume, as well as price increases, ruled 2021. This year has started in a similar manner. To learn how the market has arrived at this point, check out my article, 2021 Canmore Real Estate Market Year in Review.

Inventory levels are at a record low thanks to the strong and consistent demand for mountain living and investment. Expected gains in lending rates are also encouraging purchasers to get ahead of any increases. There is little doubt that Canmore would be breaking sales volume records if not for the scarcity of inventory.

Good properties are selling in multiple offers, at or above list price, and at times before the listing reaches the open market. The tight market conditions have placed further upward pressure on prices. Record sale prices are being set every other week for neighbourhoods and types of properties.

If you are considering selling your mountain home or property or would like to enter the Canmore market, please reach out to our team. Barry and Jack have a wealth of knowledge and experience and will assist you in formulating a smart plan to make your maneuver in this challenging market.

6 FAMILY FRIENDLY ACTIVITIES IN CANMORE

Family Day weekend is approaching and what better way to celebrate family than spend quality time together in the mountains! A long weekend is the perfect amount of time to escape with your family and explore Canmore. From riding with sled dogs and biking snowy trails to skating and exploring caves, there are endless mountain activities and experiences to enjoy with family. Check out the top 6 Family Friendly Activities in Canmore!

CANMORE & BANFF EVENTS & RESOURCES

Visit the Banff Gondola for an immersive light and sound experience! Catch all the action at the Masters World Cup Cross-Country Skiing at the beginning of March in Canmore! Be sure to check out our local ski hills as they are hosting numerous events throughout the ski season. Canmore and Banff events, performances, exhibitions, screenings, and more are taking place in various forms including online and in person with safety protocols. Click on the Canmore and Banff organizations or events below for details.

Town of Canmore COVID-19 Information & Resources

Canmore Webcams

Masters World Cup Cross-Country Skiing 2022
March 3 – 11

Canmore Eagles

artsPlace
Movies, exhibitions, classes, workshops, and more.

Canmore Museum

Bow Valley Primary Care Network
Exercise, parenting, nutrition, sleep, pain management, mental health classes, and more.

Town of Banff COVID-19 Information & Resources

Banff and Lake Louise Webcams

Banff and Lake Louise Virtual 360 Tours

Banff Gondola Nightrise
December 2 – March 12

Banff Sunshine Village Ski & Snowboard Resort

Lake Louise Ski Resort

Mt. Norquay Ski Resort

Banff Centre
Events, exhibitions, screenings, classes, and more.

Whyte Museum

REAL ESTATE MARKET UPDATE

It was an extremely active and robust year for Canmore and Bow Valley real estate. Low inventory, high demand, record sales and sales volume, as well as price increases ruled 2021.

Short term rental properties, which include tourist and visitor accommodation zoning, accounted for a significant portion of sales. While new developments in Canmore and Dead Man’s Flats appeased some of the demand for this type of property, a hunger for short term rental properties remains. The pressure on this segment of the market has resulted in an over 20% price increase on short term rental homes. There are no signs of the demand abating as buyers continue to search for a mountain property they may use for recreation and/or income.

Detached and semi-detached homes as well as development lots were also a hot commodity in the Bow Valley last year. High demand and low inventory produced quick sales often with multiple offers, driving a price increase of approximately 20%. Home owners are staying rather than moving within the market due to the lack of inventory. Combined with the scarcity of development lots, this sector of the market will continue to be competitive with price gains.

Condominiums experienced a sharp increase in sales and a 10% price increase. Demand will place upward pressure on prices as buyers turn to resale condominiums due to the lack of new development in this portion of the market. Although townhome sales volume was down, specifically in the latter part of 2021, it was only due to lack of inventory. Townhome prices, especially in the valley bottom, are increasing steadily. For the first time ever, townhome prices have reached an average sales price of over $1 million.

Looking ahead for 2022, land scarcity, low inventory, and the strong and consistent demand for the mountain lifestyle will continue to fuel the Bow Valley real estate market.

If you are considering selling your mountain home or property or would like to enter the Canmore market, please reach out to our team. Barry and Jack have a wealth of knowledge and experience and will assist you in formulating a smart plan to make your maneuver in this challenging market.

CELEBRATE WINTER AT SNOWDAYS IN BANFF

Celebrate winter at SnowDays in Banff and Lake Louise this January! From January 19th – 30th, the streets of downtown Banff will transform into larger-than-life winter galleries by the SnowDays Snow Sculptures. Admire the snow sculptures then stop for a cocktail and snack at local restaurants during the Tribute Craft Spirits Celebration. Do not miss the thrilling Skijoring event where teams of athletes and horses will perform trick-riding and ski stunts! Also enjoy the ice castles and sculptures at Lake Louise and a plethora of cross-country ski and snowshoe trails throughout Banff National Park. Visit SnowDays to learn more, review the public health measures in place, and for updates as activities are adapting to ensure the safety of all.

PAINT COLOURS OF THE YEAR 2022

Each year popular paint companies and industry experts choose what hue makes the list for the annual colours of the year, a colour trend forecast. The colours of the year capture the current moment in design. Several factors are taken into consideration by the colour professionals. Insights are gathered from pop culture, architectural, fashion, and technological trends. During the COVID-19 pandemic, colour in design has varied. Some are drawn to soothing neutrals while others are looking to bright, uplifting colours. See what is trending this year in colour design for the Paint Colours of the Year 2022.

CANMORE & BANFF EVENTS & RESOURCES

Celebrate winter by checking out the many events at the SnowDays festival in Banff and Lake Louise and visit the Banff Gondola for an immersive light and sound experience! Be sure to check out our local ski hills as they are hosting numerous events throughout the ski season. Canmore and Banff events, performances, exhibitions, screenings, and more are taking place in various forms including online and in person with safety protocols. Click on the Canmore and Banff organizations or events below for details.

Town of Canmore COVID-19 Information & Resources

Canmore Webcams

Canmore Eagles

artsPlace
Movies, exhibitions, classes, workshops, and more.

Canmore Museum

Bow Valley Primary Care Network
Exercise, parenting, nutrition, sleep, pain management, mental health classes, and more.

Town of Banff COVID-19 Information & Resources

Banff and Lake Louise Webcams

Banff and Lake Louise Virtual 360 Tours

SnowDays
January 19 – 30

Banff Gondola Nightrise
December 2 – March 12

Banff Sunshine Village Ski & Snowboard Resort

Lake Louise Ski Resort

Mt. Norquay Ski Resort

Banff Centre
Events, exhibitions, screenings, classes, and more.

Whyte Museum

REAL ESTATE MARKET UPDATE

Inventory has reached a record low with just over 50 active properties in the Canmore market. Month over month, there has been an over 25% decline in active listings. Residential homes have experienced the largest decline in active listings. The number of active listings for short term rental properties is similar to this time last year. Good properties that are priced well sell quickly. Often these properties sell in multiple offers or before the listing reaches the open market. The quick sales and multiple offers are resulting in price increases of varying degrees across most property types. For the first time ever, townhome prices have reached an average sales price of over $1 million.

Over the coming months, it is quite possible that we will see a decrease in sales but it will only be due to the lack of inventory and not demand. While the market normally slows through the winter, we do not expect that to occur heading into the new year. The strong and consistent demand for the mountain lifestyle combined with low inventory, will hold the Canmore market in seller’s territory.

If you are considering selling your mountain home or property or would like to enter the Canmore market, please reach out to our team. Barry and Jack have a wealth of knowledge and experience and will assist you in formulating a smart plan to make your maneuver in this challenging market.