Canmore’s single family home (SFH) market has tightened up over the last few months. The resale inventory for single family homes had hovered between 95-105 properties for the latter part of 2008 and the majority of 2009. In the last 4 months of the year 35 of these homes sold. As of today (Jan 13 2010) current inventory sits at 65! Search for a SFH in your price range and desired size/neighborhood and the choice is starting to look a lot thinner than it has for a long time. This is significant news for anyone buying or selling in this market segment. Will this result in upward price pressure for SFH in the spring? Maybe, but there are other significant factors at play. Call Jake at 403-688-5253 to learn more.