CitySearch Journal

Property Management Blog

Calgary Q4 2019 Market Report

Citysearch has been the authority for providing rental statistics to corporations directly and through workforce globalization firms for Calgary and surrounding areas. We have just provided our 4Q2019 report. If you are interested in receiving this report, please email&...
Property Management Blog

Media Release: Homes under $500,000 moving to more balanced conditions

City of Calgary, November 1, 2019 – Sales activity in October improved by nearly 10 per cent compared to last year, driven mostly by improvements for apartment and attached product.New listings also eased, which helped reduce inventory levels and the oversupply in the ...
Property Management Blog

CREB Market Update and September Statistics

CREB Market Update and September Stats Package. Inventory increases and sales drop in September, but overall sales for the year remain higher than last yearStrong gains in the first-half of 2017 has put the Calgary year-to-date sales at seven per cent above last years’...
Property Management Blog

CREB Market Update & Other Real Estate Informatio...

CREB Market Update and June Stats Package June spells a gradual recovery Stable prices in detached sector signal balanced conditions despite increased inventory Calgary’s housing market in June saw a modest improvement in sales along with an increase in new listings. However,...
CMHC Rental Market Report for Calgary

CMHC Rental Market Report for Calgary

Hello, Please find attached the most recent CMHC Rental Market Report for Calgary… just issued today reflecting October 2016 statistics. “The vacancy rate has moved well above historical averages largely due to a rise in supply in both the primary and secondary rental markets...
Property Management Blog

Calgary Home Rental Market and Real Estate Trend

  Alberta’s largest, most populous city and one of the finest lifestyle providers in the province – yes, you guessed it right, we are talking about none other than the city of Calgary. The city has witnessed tremendous growth in the recent years. It wo...
Property Management Blog

Calgary’s Low Rental Rates Have A Little Effect on Stu...

Image Source:CBC NewsMost Students Preferring To Live on CampusAlthough Calgary’s sagging rental market has opened up new affordable housing rentals options for students, most of the landlords in Calgary still have rental units. This is really surprising! Due to C...
Property Management Blog

Calgary Vacancy Rate High, Rent Prices Expected to Dro...

Declined Home Sales Fail to Affect the Sale PricesLast month, July 2016, the house sales totaled 1,741 units, which is a 12.6% decrease from July 2015, according to the Calgary Real Estate Board. The sales for detached homes were down by 9.2% over the past year. With only 6,908 s...
Property Management Blog

A Buyer’s Market in Calgary

Back in 2013, Calgary was classified with Vancouver and Toronto as one of Canada’s hot property markets, but now, as prices turn down,Buying a perfect house is both an important and a complicated task. No one would want to comprise when it comes to selecting a place to live...
Calgary’s Latest Economic News: Are You Ready to Shake...

Calgary’s Latest Economic News: Are You Ready to Shake...

The drop in global oil demand and subsequent economic shakeout continue to shake up Alberta’s real estate economy. With home prices down, Calgary—along with the rest of the province—is turning into a renter’s market. Even in the luxury residential market, ...