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.

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?