Canmore Real Estate Market: Why Capital Buys Where People Leave
The Canmore real estate market did something in 2025 that looks impossible on paper: it kept setting price records while the town lost residents. One hour east, Calgary gained people yet watched prices soften. Same province, opposite logic — and the gap explains where money is really moving in Alberta. Two Alberta markets, one hour apart Most..
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Most people read Calgary’s 9% condo price drop as a weak market.
$300K condo. $750K detached. The family keeps choosing the $750K one. Here’s why that isn’t irrational. Most people read Calgary’s 9% condo price drop as a weak market. It’s not. It’s a product problem. Line up the three options a family is actually choosing between: → Apartment condo — benchmark ~$300K. But it’s a one..
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Alberta Affordability 2026
$641,000. $15/hr. Same province. Same 2026. In 2013, Alberta was the place to be. Wages 17% above the national average. Every worker was better off here than anywhere else in Canada. March 2026: real wages down 4.5% over five years. Minimum wage frozen at $15/hr since 2019. The labour market moved. The housing market didn’t..
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70% of Alberta’s 2025 starts were multi-residential
54,900 new homes started in Alberta in 2025. A 70-year record. Most people read that as a single-family boom. It isn’t. Here’s what the data actually shows: → 70% of Alberta’s 2025 starts were multi-residential — rowhouse, multiplex, apartments → Missing middle housing is up ~10% vs the 10-year average across major Alberta CMAs →..
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40% of renovation projects in Alberta go over budget. 95% of the time, it’s not the contractor’s fault.
40% of renovation projects in Alberta go over budget. 95% of the time, it’s not the contractor’s fault. The real cause was decided before the project started. The conversation never caught up. Here’s what the data actually shows: → 40% of renovation projects in Canada run over budget or behind schedule → 95% of those..
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65% of permit delays in Alberta are avoidable. Most people find out after they’ve already waited two months.
65% of permit delays in Alberta are avoidable. Most people find out after they’ve already waited two months. Not because of the municipality. The story changed. The process didn’t. Here’s what the data actually shows: → 65% of delays come from incomplete submissions — not from city backlogs → Custom builds in rural Alberta: 8–14..
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$180 billion in Alberta construction. 59,000 workers missing to build it. And that’s not the real problem.
$180 billion in Alberta construction. 59,000 workers missing to build it. And that’s not the real problem. The story changed. The conversation didn’t. Here’s what the research actually shows: → Projects don’t derail because of missing funding → They derail because of competing interests between government, municipal, and private actors → They derail because personal..
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1,100 senior care beds in 18 months.
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On signing day, every renovation looks on budget. By rough-in week, half of them aren’t.
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Alberta has $180 billion in proposed construction.
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Eros Belotti 01.
Eros belotti
Construction project manager with over 15 years of experience in Europe and the Canary Islands. Specialized in modular housing, container construction, real estate development and international project management. Founder of Reforma Vivienda Tenerife and Donkey Lab.
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