Canmore’s challenged Real Estate Market in the Third Quarter of 2022
What you need to know to navigate the market right now!
A raging virus, a war in Europe, rising inflation; investors, politicians and decision makers worldwide are finding it more and more challenging to navigate our fast-changing worldwide economies. What is happening worldwide and nationwide also has a direct effect on every single person locally. We are all past, present or future homeowners and a real estate transaction can easily be the biggest transaction of our lives. More than ever, we need to know what’s happening in our local markets to make the right decisions. Decisions today are harder to make than in the past, but will have lasting consequences in future years.
The Governor of the Bank of Canada, Mr. Tiff Macklem held a speech on October 6th, 2022 before the Chamber of Commerce in Calgary. During his speech he stressed the necessity of another interest increase to slow down...