Mixed start to 2023's real estate market in surrounding communities

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CREB reports show Airdrie sales are down and Canmore\u0027s prices are up.

“I am usually a bit more cautious in drawing conclusions about trends in these markets because there is so little activity to start the year,” says Ann-Marie Lurie, chief economist with theSign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

On a more granular level, however, Airdrie had 100 sales in February — a far cry from nearly 300 sales in the same month last year. But activity last month looked more in line with sales for February from 2015 to 2020, according to CREB data.Article content “Canmore, for example, saw 36 sales in February, versus 54 last year,” she says, noting that translates into a decline of 33 per cent year over year, which appears much more significant than when looking at the raw data.

 

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