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Latest News in the Alberta Rental
and Real Estate Markets
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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?
Looking at The Year Ahead
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?
Supply and Demand Levels in the Calgary Rental Market
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.
Calgary Seeing Growth in Rental Prices
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!
The Sales Boom is Done, Make Way for the Rental Boom
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.
The Calgary Rental Market is Hot!
July 1, 2022 - The answer to the question we keep hearing “how’s the rental market?” In a word “HOT!”
The Best Time to Plant a Tree
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.
Rent, Inflation, Real Estate
May 1, 2022 - We’re all feeling the effects of inflation. So how does that affect your rental property?
Immigration, Interest Rates, and Rent
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?
2021 Calgary Real Estate and Rental Market Review
President of Power Properties, Jamie Palmer, reviews the highs and lows we saw in the 2021 Calgary Real Estate and Rental Markets.
Calgary’s Rental Market
August 1, 2021 - The Calgary rental market is starting to heat up! What does that mean for landlords?
Calgary’s Real Estate Market
June 1, 2021 - Key statistics coming out of the Calgary Real Estate Board. Inventory rises, but seller’s market conditions remain.
Calgary’s Real Estate Market
April 1, 2021 - Is the market playing tricks, what is going on in Calgary real estate? The Calgary real estate market continues to defy predictions.
Calgary’s Real Estate Market
April 1, 2021 - Is the market playing tricks, what is going on in Calgary real estate? The Calgary real estate market continues to defy predictions.
Calgary’s Real Estate and Rental Market
February 1, 2021 - The single-family home market is hot with strong sales, but you can hardly give away a downtown condo for sale or rent. So what is causing this dichotomy?
Calgary’s Real Estate Market in the Long Term
November 1, 2020 - A look at Calgary’s Real Estate Market in the short and long term.