May 1, 2024 - Calgary's real estate market is defying nationwide trends with an 11% year-over-year price surge and high demand fueled by inter-provincial migration and anticipated interest rate cuts. Despite challenges like bidding wars and cash flow concerns, there's still ample opportunity for savvy investors to capitalize on the market's growth, supported by rising rents and a promising ROI potential.

January 1, 2024 - In the ever-evolving landscape of Calgary's real estate, the successes of 2023 set the stage for what looks to be a promising 2024. Here, we unpack the details of last year's figures, providing insights into the expected trends shaping Calgary's real estate in the upcoming months.

December 1, 2023 - It's no secret, the average rent and purchase price in Calgary is up. If you already own a rental property, congratulations, you have made some enormous financial gains this past year! However, if you recently purchased a rental property, you may be struggling to produce positive cash flow.

October 1, 2023 - Canada’s population is growing at rates not seen since the baby boomers in the early 1950s’, and Alberta is the fastest-growing province in Canada right now. What does this mean for the Real Estate and Rental Market?

August 1, 2023 - With more and more people looking for housing, construction is having a hard time catching up. So, let's break down the numbers and see what this means for folks thinking about investing in Calgary.

April 1, 2023 - At the time of writing, the average price of a detached home in Calgary is $708,095! Prices are up 6% compared to March 2022, which itself was 12% higher than March 2021! On top of that, It is anticipated that prices will continue to increase this year! Everyone wants to know what is causing these increases, how long are they likely to last, and is now a good time to buy rental properties?

February 1, 2023 - With the rental market so hot, many of you are chomping at the bit to purchase additional rental properties, however, over the past three months it has been difficult to find properties that are producing positive or even break-even cash flow. So where does that leave you?

January 1, 2023 - Calgary started the year with an incredibly tight sales market leading to bidding wars, and homes selling for hundreds of thousands of dollars over the asking price. Seven consecutive interest rate hikes took the wind out of the sales market by later-summer-early-fall. So where does that leave us for 2023?

December 1, 2022 -Supply in the rental market continues to be tight and is expected to get even tighter. Having said that, we are seeing decreased demand for detached houses in the $2500-$3000 per month range.

November 1, 2022 - So much of the news is negative these days, but here is some good news for Calgary landlords. Alberta is largely expected to lead the country in GDP growth, Calgary was the 3rd most popular inter-provincial immigration destination in Canada, and increasing interest rates are pushing rents higher!

September 1, 2022 - Rents in Calgary have increased twenty-five to thirty percent year-over-year! That is a staggering increase, even more, remarkable is the speed with which the rents increased.

July 1, 2022 - The answer to the question we keep hearing “how’s the rental market?” In a word “HOT!”

June 1, 2022 - Right now your Calgary real estate has benefited from an approximately 25% year over year increase in value. This makes it a great time to refinance your existing home and rental properties to maximize your equity.

May 1, 2022 - We’re all feeling the effects of inflation. So how does that affect your rental property?

Feb 1, 2022 - To say the current sales market is wild is a bit of an understatement! So how will this impact Calgary’s Rental Market?

President of Power Properties, Jamie Palmer, reviews the highs and lows we saw in the 2021 Calgary Real Estate and Rental Markets.