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Latest News in the Calgary Rental
and Real Estate Markets
Investing in Real Estate in Alberta's Secondary Cities
Explore how real estate investing can help you build wealth and generate income, even if you’re new to the market. In this blog post, we compare the unique opportunities in Alberta's secondary cities—Medicine Hat, Lethbridge, and Calgary—to help you understand their rental markets, affordability, and potential returns.
The Rental Market Squeeze: What’s Driving Alberta Rents Down?
December 1, 2024 - What’s happening in Alberta’s rental market? Declining rents, rising vacancies, and an oversupply of new rentals are creating challenges for landlords. Learn how reduced foreign worker permits, stagnant mortgage rates, and economic uncertainty are reshaping the market—and what you can do to stay competitive.
3 Reasons Why NOW is the Time to Expand Your Real Estate Portfolio
November 1, 2024 - The market is shifting, and that means opportunity is knocking. Savvy investors like you know that recognizing these trends is key to maximizing your real estate investments. Here are 3 reasons why you should act now:
CRRA October Key Market Insights
Ann-Marie Lurie, Chief Economist at AREA, delivered an in-depth update on current market conditions. Realtor & Property Manager, Christopher Kellett, highlights several key takeaways from her presentation on the current state of the market.
New Mortgage Rules and You
October 1, 2024 - The Canadian government has rolled out new mortgage rules that could make homeownership more accessible and affordable.
Increasing Supply and Demand
September 1, 2024 - Jamie Palmer, President & Broker of Power Properties, offers a detailed look at the current state of Calgary's real estate and rental market in this latest update. As rental rates begin to slow due to affordability concerns and rising demand from inter-provincial migration, the balance between supply and demand is becoming increasingly intricate.
New Opportunties in Southern Alberta
August 1, 2024 - Calgary’s prices continue to see year-over-year and month-over-month increases. As Calgary's market becomes increasingly competitive, Southern Alberta offers attractive alternatives for investors and homebuyers.
Calgary Real Estate: Challenges vs. Opportunities
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.
Calgary Real Estate: 2023 Recap and 2024 Forecast
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.
Behind Calgary’s Hot Housing Market: Rental Reality Check
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.
They Just Keep Coming!
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?
Crunching the Numbers
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.
Calgary's Housing Market: What's Behind the Skyrocketing Prices?
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?
Every.Single.Day.
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.