Found 1 blog entry tagged as Housing Market Update.

Neighbourhood Homes

Demand

The demand in Cranbrook is driven by a combination of local residents, those moving for employment opportunities, and investors. Its role as a regional center means there's consistent demand for both residential and commercial properties.

In Invermere, the demand is heavily influenced by seasonal fluctuations and the second-home market. Buyers are often looking for vacation properties or retirement homes. The seasonal nature of demand can lead to fluctuations in market activity, with peaks typically in spring and summer.

Pricing

Invermere’s real estate market is often characterized by higher prices due to its popularity as a vacation and lifestyle destination. The demand for properties close to recreational amenities such as the…

62 Views, 0 Comments

Read Full Post