The Calgary Sun reports on Canmore’s balanced market and Spring Creek.
Canmore market predicted to stay balanced
The uncertainty in Calgary’s housing market caused by the low price of oil has not affected the Bow Valley real estate market and it isn’t likely to, says Canmore developer Frank Kernick.
“Unlike Calgary’s housing market that tends to follow the ups and downs in oil prices, Canmore’s market is not tied to the city,” says Kernick. “Surrounded by parks, there is very little land to develop in Canmore and it has a slower growth rate than Calgary.”
Read the full article online at calgarysun.com
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