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and Real Estate Markets

Increasing Supply and Demand
Real Estate, Property Management, Market Update Power Properties Real Estate, Property Management, Market Update Power Properties

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.

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Calgary Real Estate: Challenges vs. Opportunities

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.

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Behind Calgary’s Hot Housing Market: Rental Reality Check

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.

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Calgary's Housing Market: What's Behind the Skyrocketing Prices?

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?

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Calgary Seeing Growth in Rental Prices

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!

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